typical hotel construction timeline


  • Step 3 – Procurement and Pre-Construction

    Once the project has been specific and deemed to be feasible, the real work begins. This includes: 1. Securing financingfor your hotel according to the recommended financial model based on available financing channels, analysis to determine the most effective sources of financing structure for the project’s return on equity, economics, and debt ser...

What is a construction project timeline?

A construction project timeline is used to visualize schedules for either commercial or residential building projects. Timelines break down the work that needs to be done over various stages of the project life cycle, and are useful to gauge progress at a glance.

How difficult is the construction of a new hotel accommodation?

The construction of a new hotel accommodation is a challenging process for all parties involved and definitely requires a great deal of experience in organizing and executing the entire Project. Any Individual, who wishes to create a new hotel accommodation, may not have the necessary know-how or experience to manage the Project.

How to simplify a hotel construction process?

Here is how to simplify a hotel construction process and get your business underway. Every successful construction project begins with a sound financial plan in place, detailing the amount of capital needed for the project.

Is the site suitable for a hotel development project?

A complete site analysis was conducted along with a detailed review of the zoning and the analysis shows that the site is suitable for a hotel development project. Further research was then completed to evaluate the market and competitive supply and demand.

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