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Hotel Development 2017-11-06T20:33:46+00:00

Hotel Development Services

The principal associates with the Equinox Development Team have been responsible for the successful development and renovation of over $4 billion of hotel properties. The key to this success lies in the preparation of pre-development detailed information.

  • Selection of hotel properties where the cost of total renovation represents a significant savings over new construction.
  • Selection of development team members including architects, general contractors, interior designers, engineers, kitchen consultants, and FF&E advisors.
  • Detailed pre-development project budgets identifying all project elements typically containing hundreds of line items.
  • Pre-development coordination between designers and contractors to insure the most efficient design to yield high quality and economic efficiency.
  • Detailed project schedules.
  • Coordination meetings during the development phase to answer questions and solve problemswell in advance of construction.
  • Detailed monitoring of construction budgets and schedules.
  • Coordination with the hotel management team to ensure a smooth opening.
  • Feasibility Studies: Provide market analysis for, and financial evaluation of the proposed projectto include cost-benefit analysis, facility recommendations, occupancy and room rate projections,operating results and valuation estimates.
  • Site Selection and Analysis: Analyze site locations and determine highest and best use.