Hotel development and acquisitions differ from typical commercial real estate deals in a variety of ways. 

Acquisition Due Diligence

Identification of potential properties
Identification/assessment of comp set
Comp set historical performance analysis
Property historical operating performance analysis
Status of existing branding relationship
Existing franchise or management contract analysis
PIP review and negotiation
Post-acquisition operating projections

Franchise Agreements and Management Contracts

New contract negotiation
Existing contract review

Facilities and Market Positioning

Competitive facilities review
Facilities recommendations
Pricing
Brand selection

Operations

Revenue and cost analysis
5 year operating projections

Market Overview

Comp set historical performance analysis
Supply and demand analysis