Evaluation and Feasibility Analysis of the Hotel Project

Author: Kevin Baker
Publisher:
Publish Date: 2006-08-01
Features: A complete project evaluation is the operational foundation for new hotel enterprises and the basis for evaluating new development directions in the hotel industry. How should the evaluation be conducted? What are the objectives of the analysis? What elements should be considered in the evaluation? How can these analytical results be presented to achieve the best results? The book "Hotel Project Evaluation and Feasibility Analysis" answers all of the above questions. The book discusses project evaluation from aspects such as finance, construction, budget, staff allocation, advertising, politics, and culture. Additionally, it dedicates a chapter to discussing environmental impact factors that must be considered in project evaluation, in line with the global trend of operating green hotels. The book not only explains the theory of project evaluation but also analyzes numerous cases. The sample project evaluation report included in the book demonstrates all the essential elements that a report should contain. The book is highly beneficial for those considering investment in the hotel industry and can also serve as a textbook for hotel management majors.