AECOM has launched a brand new interactive tool called HINT (Hotel INvestment Tool).
HINT allows users to check whether a possible hotel development idea may be economically viable at a really early stage.
The easy-to-use tool allows users to determine the possible value, cost and return on investment by entering quite a lot of variables, similar 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 with no need to pay for massive studies too early within the process.
“What makes this tool unique is the way in which 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 corresponding to this that gives an early indication of a hotel project’s economic viability.”
AECOM can be demonstrating the tool at stand 28 on the IHIF in Berlin, which runs from the March 4th-6th 2013.
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