operator selection
The systematic and independent selection and appointment of an operator and property manager to take over the hotel upon completion of the project con [...]
hotel project life cycle
The time span and the phases of a hotel development project, from its original idea through to the operation of the hotel business and ultimate proper [...]
hotel project financing
The funding of a new hotel project throughout its life cycle – from the beginning of the construction phase (construction financing) through to dispos [...]
pre-construction
The first phase in the life cycle of a development project that encompasses project conceptual planning, feasibility studies, operator selection, land [...]
property developer
The original initiator and owner of real estate development projects and the party responsible for managing and controlling the development process fr [...]
project construction
1. The process of building or erecting a structure, including new-builds, rebuilding, alteration of or additions to buildings, and demolition. 2. The [...]
