The Hotel Development Process

The Hotel Development Process

Introduction The hotel development process is the act of bringing an idea or concept for a hotel to a successful completion as a brick and mortar location with all associated services such as hotel rooms, meeting space, ballrooms, bars & restaurants, pools, gyms,...
The Hotel Development Process

Soft Costs In Construction

Soft costs are any costs that are not considered direct construction costs or “hard costs.” These costs typically are associated with non-tangible items, such as design, fees, taxes, and insurance. Soft costs can be a significant part of a project’s budget. Types of...
Hard Costs In Construction

Hard Costs In Construction

Hard costs are often referred to as “brick-and-mortar costs,” and refer to any costs associated with the physical construction of the building or project,Under any equipment used, and any labor associated with the construction of the project. Because hard costs are...
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