Hotel Development & Investment

construction progress report

A report prepared regularly, often monthly, by the contract administrator during the construction phase, generally providing a summary of the reports [...]

construction progress report2024-09-16T09:22:13+02:00

profit sharing program

A program that sets an overall annual target for revenue and net profit from a project, used to incentivized the development manager and the managemen [...]

profit sharing program2024-09-16T09:26:38+02:00

success fee

The method of assessing and calculating the development management fee as an amount of construction KPIs, usually only when a certain threshold or hur [...]

success fee2024-09-16T09:28:11+02:00

percentage of development income

The method of assessing and calculating the development management fee as a percentage of the proceeds of sale and/or other sums of the capital or inc [...]

percentage of development income2024-09-16T09:26:05+02:00

fixed fee

The method of assessing and calculating the development management fee as a lump sum fee payable on key dates or upon completion of construction miles [...]

fixed fee2024-09-16T09:23:38+02:00

percentage of development costs

The method of assessing and calculating the development management fee as a percentage of the actual costs incurred in the development project. [...]

percentage of development costs2024-09-16T09:26:04+02:00
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