Hospitality Consulting Services. Our Strength is in our Difference

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Presentation transcript:

Hospitality Consulting Services. Our Strength is in our Difference Rural Hotel Development Hotel Market Feasibility Study

Hospitality Consulting Services. Our Strength is in our Difference What does a new hotel do for your community? DIRECT IMPACT IN-DIRECT IMPACT Construction Job Creation During Construction Hotel Job Creation Hotel Purchases Locally Hotel Taxing Revenue Increase in Local Restaurant Traffic Increase in Local Gas Station Traffic Increase in Local Retail Purchases Increase in Sales Taxes Return of Lost Revenue Increase Economic Development Viability

Hospitality Consulting Services. Our Strength is in our Difference Does your community need a new hotel? Have community leaders complained about not having rooms available for visitors? Is the where quantifiable NEED for additional lodging? YES YES CALL US

Interviews Final Draft SO WHAT IS OUR PROCESS?

What do our studies include? MARKET SEGMENT SPACIFIC HOTEL FEASIBILITY STUDY SIZE/BRAND SPACIFIC PROFORMA General Market Overview Site Analysis Economic Overview Lodging Demand Overview Lodging Supply Overview Conclusion/Recommendati ons Development Costs Year One Projections Five Year Projections Five Year Breakeven Descriptive Explanation ALL-INCLUSIVE PRICING

Recommended a 54 Room Cobblestone Hotel & Suites Gering, Nebraska Population – 8,500 Recommended a 54 Room Cobblestone Hotel & Suites Completed in 2017

Gering, Nebraska

Hospitality Consulting Services. Our Strength is in our Difference CONTACT US TODAY To schedule your site visit! www.CoreDistinctionGroup.com 920-740-1647