Development Advisory
Forming a major part of the team’s value and experience is the companies' pragmatic and balanced approach to hotel & resort development. The team partners up with the developer to add value to the proposition with a view to act on Ownership’s behalf
- Owners Development Representative
- Site Selection, Facilities Planning & Land Use
- Market & Feasibility Assessment
- Capital Planning
- Investment Analysis
- Technical Services
- Sustainable Development Advisory
Owners Development Representative
At Beacon Sky Hospitality we can assist Ownership throughout the development process, in part or throughout the project life. From developing project timelines, assisting in assembling project teams, ongoing project reporting, and recommending contingency plans to achieve successful execution.
Site Selection, Facilities Planning & Land Use
Beacon Sky Hospitality can assist with issues such as site conditions, density and entitlement issues, infrastructure and assessment of potential risks. With our years of development experience, we add insight into what facilities should be planned based upon a specific location and guest demographic. We are able to work within an interdisciplinary development team or as third-party independent advisors.
Market & Feasibility Assessment
A thorough assessment of the investment and development objectives is sought, with financial modeling, risk identification offering insight and strategic support.
With expertise in the due diligence process, we are able to present feasibility studies that are used in the process of structuring and securing financial and investment support in for a range of hospitality product, brands and in a wide geographic range.
Beacon Sky Hospitality will provide careful analysis of current and projected business conditions in the context of the unique location of the planned development. Helping to validate owner objectives, project positioning and branding to maximize market potential, our consultants help developers make decisions based on informed and judicious evidence.
Capital Planning
Beacon Sky Hospitality will assist in identifying and recommending short and long-term capital plans, as well as coordinating the interface between owner/developer, executives with brand companies, and with third-party operators. As detail-oriented experts who are able to leverage experience and relationships to offer broad-based direction to ensure the viability of a project.
Investment Analysis
The company provides for each project or development a financial study. This comprises of a 5 – 10 year feasibility forecast including a Return on Investment Calculation and ROI study.
A risk analysis is prepared for the investor / owning company in order to professional assess the mid and long-term risk factors.
In addition, the company may propose the best and most efficient financing of a project or investment with the optimized combination of equity and debt. If required a plan will be put forward with the best possible ways of raising funds and capital through interested parties. The Company is equally in the position to make introductions to investors for a project and vice.
Other Development Advisory services
- Building Survey / Site Survey / Project Survey
- Site Selection & Analysis
- Development Plan & Strategy
- Provide Market Surveys
- Provide options for development for the site / project
- Review of Masterplans, set- up / layouts and logistics of the project
- Feasibility Studies including Real estate market conditions, trends and cyclicality, and impact on the business
- Review hotel / resort concepts, including F&B concepts, Business & leisure concepts, Spa, Recreation concepts
- Financial Projections Forecast
Development Planning
- Site evaluation
- Conceptual massing and Master Plan reviews
- Project team selection
- Define the project through a detailed Project Brief
- Define the proposed area and facilities program
Concepts & Facilities Planning
- Oversee the area and facilities program
- Define Food & Beverage, Spa and Wellness concepts
- Liaise with selected operators technical services team
- Review operational flow-through
- Evaluate Back of House planning
Technical Services
Technical Services covers numerous elements of a development, we bespoke the requirements to suit each clients needs:
- Strategic guidance specific to construction and building requirements
- Assess each operational component to ensure each area is Technically integrated
- Review Capital Budgets
- Analyse and review proposed or existing life cycle of an asset
- Review hotel brands minimum standards
- Conduct physical site check to ensure build and construction standards are met
Sustainable Development
Forming part of our commitment to Eco Design, we embrace the inclusion of sustainable development is all projects. We align ourselves with eco-design specialists.
- Bring added value to buildings by integrating green features into the project's identity
- Decrease operational costs and gain a competitive edge by converting to sustainability