Hotel Development & Investment

contractor

A trade professional appointed by property developers to carry out construction works, where appointment is made in various ways with different respon [...]

contractor2024-09-16T09:22:23+02:00

managing contractor

A contractor engaged by a property developer under a management contract to act as a principal in a construction project and directly contract the wor [...]

managing contractor2024-09-16T09:25:12+02:00

main contractor

A contractor who undertakes the whole of the construction of a project under a construction contract but does not act as either the managing contracto [...]

main contractor2024-09-16T09:25:10+02:00

contingency plan

A proactive strategy and planned course of action for an organization to follow in response to a potentially significant future event, situation or ou [...]

contingency plan2024-09-16T09:22:21+02:00

capital expenditure

Investments of cash or the creation of liability to acquire or improve a capital asset (e.g., land, buildings, site improvements and equipment), as op [...]

capital expenditure2024-09-16T09:21:40+02:00

total development cost

The total capital cost incurred in the development of property, including land costs, construction costs, professional fees, financing costs, marketin [...]

total development cost2024-09-16T09:28:58+02:00
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