Hotel development: one team from the empty shell to the first guest
Hotel development for greenfield, conversion or renovation projects: feasibility, design brief, contractors, timeline and handover to operations.
Hotel development from feasibility to handover
- Greenfield, conversion or renovation
- Integrated design with leading Italian studios
- Planning control and contractor management
- Compliance with codes and safety standards
- Handover to operations and pre opening
Hotel development budgets that hold
- Development and construction budget
- FF&E and OS&E
- Pre opening budget
- Operating budget and business plan
- CapEx plan over the life of the asset
Where hotel development fits in the asset’s life
Feasibility
Market, concept, investment case and return.
Development
Design, budget, contractors and timeline.
Opening
Pre opening, team, standards and launch.
Performance
Monthly control, CapEx and commercial growth.
Exit
Numbers in order, due diligence and sale.
Guides for owners
Frequently asked questions
Which kinds of hotel projects do you manage?
Greenfield developments, conversions of existing buildings into hotels and renovations, from the feasibility study to the opening.
What does development and project management include?
For hotel development we manage the design brief with leading Italian studios, planning control, contractor management, compliance with codes and safety standards, and the handover to operations and pre opening.
Which budgets do you prepare for a new hotel?
The development and construction budget, FF&E and OS&E, the pre opening budget, the operating budget and business plan, and the CapEx plan over the life of the asset.
More ways we work for owners
Asset management
Performance reviews, budgets, CapEx and operator oversight.
02Development and project management
Greenfield, conversion and renovation, from feasibility to opening.
03Finance
Due diligence, financing, banking relationships and public funding.
04Management contract
We run the hotel on the owner’s behalf, with clear reporting.
05Commercial and brand
Sales, revenue, weddings and MICE, brand and media.
06Standards and budgets
Brand standards, operating manuals and every budget an asset needs.
Request a preliminary review of your asset.
Share the key figures of your hotel: a senior member of the team will review them in confidence and reply with a first view on where value can be created.
Development and new mandates: Maria Cristina Santaniello · +39 02 8294 1409 · sales@aaghospitality.com
Book a strategy call