Development

In our pursuit of developing a new hotel, we adhere to a thorough and meticulous process. Prior to entering into any development agreement, we undertake a comprehensive analysis to ensure that we can provide exceptional value to all stakeholders, including investors and the surrounding community.

Our development process comprises the following steps:

  • Identification of the site
  • Conducting a detailed due diligence process
  • Negotiating the acquisition contract
  • Obtaining expert feasibility, environmental, geotechnical, title, and design studies
  • Preparing a construction budget
  • Creating a preliminary 5-year operations budget
  • Drafting preliminary drawings
  • Completing the entitlement process
  • Engaging with architect and engineering firms
  • Arranging for franchise licensing
  • Conducting interviews and bidding process with contractors
  • Scheduling all building phases with a "PERT" chart
  • Commencing construction
  • Overseeing all aspects of construction
  • Conducting a final inspection and rectification process
  • Obtaining a certificate of occupancy
  • Initiating hotel operations.

We take great care in every aspect of the process, ensuring that we deliver a high-quality hotel that meets the needs of all stakeholders while also adhering to industry best practices.

Other Services

Investment

Acquisitions

Management