AECOM has launched a brand new interactive tool called HINT (Hotel INvestment Tool).
HINT allows users to check whether a possible hotel development idea is perhaps economically viable at a totally early stage.
The easy-to-use tool allows users to work out the capability value, cost and return on investment by entering several variables, akin to location, hotel typology and revenue assumptions.
The tool works by combining AECOM’s operational knowledge with cost data from Davis Langdon, an AECOM company.
This will provide clients with an early check on their idea while not having to pay for giant studies too early inside the process.
“What makes this tool unique is the manner that it brings together intelligence from two disciplines (cost consultancy and economic feasibility) that traditionally was commissioned separately,” commented Kevin Underwood, AECOM’s global head of leisure + culture.
“We are excited to share HINT with our clients and hotel operator contacts who’ve expressed a keen interest in using a device akin to this that offers an early indication of a hotel project’s economic viability.”
AECOM could be demonstrating the tool at stand 28 on the IHIF in Berlin, which runs from the March 4th-6th 2013.
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