Conducting location analysis, feasibility studies, and market analyses
Analyzing the competitive market landscape in target markets
Identifying and reviewing the proposed hotel's competitive set
Identifying the target customer profile, market patterns, and demographics
Developing the concept in collaboration with architects, designers, and building contractors
Planning brand positioning
Assisting in creating pre-opening budgets, financial forecasts, and working capital guidelines
Developing food and beverage concepts and operating standards
Recommending room pricing structures and revenue management systems
Evaluating technical service issues, such as model room specifications, and planning of amenities
Supporting in establishing IT system requirements
Developing a hiring schedule and critical path
Facilitating manpower planning, recruitment, and training
Facilitating the appointment of key executives
Designing pre-opening marketing strategies and advertisement plans
Reviewing and advising on the pre-opening and first-year operation budgets
Managing the compilation of financial projections and analyses for the first year
Designing, setting up, and implementing operating procedures, best practices, controls, and guidelines
Facilitating a smooth handover from contractor to operator/management