DEVELOPMENT & CAPITAL PLANNING
Comprehensive, professional hotel asset management plans determine the success of a hotel project. FA HOSPITALITY employs key individuals with the sole purpose of overseeing and insuring that the asset is being maintained properly and producing the desired financial results.
In a dual role, the asset management team not only insures physical and financial health for our partners’ existing properties but also researches and uncovers potential future development opportunities for our investors and owners.
We are a turn-key hotel development company, using our extensive experience to define each new property’s position and potential within its competitive set.
We offer a number of development services with the goal of always leaving owners satisfied.
- Site assessment and building studies
- Design review and conceptual pricing
- Design teams election: negotiation, contracting, and management
- General contractor selection: negotiation, contracting, and management
- Constructability planning
- Cost analysis and value management
- Budget development
- Schedule development
In addition to our capabilities in developing new properties, the FA HOSPITALITY team has the experience and proven strategies to help an existing property regain its competitive edge with our hotel acquisition services. We follow a detailed process … developing Property Improvement Plans, implementing our industry-leading operating procedures, and introducing the expert guidance of our executive team to execute a hotel recovery turnaround plan that allows owners and investors to recover and grow the value of their asset.