Hospitality Development

Professional project development is the foundation for any long-term successful hotel business. Many different players — whether consultants, architects, hotel companies, builders or investors — are involved: A lack of communication and a lack of knowledge of each other's actions can lead to the failure of the entire hotel project.

With well-founded expert contributions and practical examples in the areas of conflict between hotel, real estate and project management, this book makes the connections in the project planning and implementation of hotel projects transparent:

• Tasks and functional areas in the project development process, from initial idea to hotel opening
• Business and hotel sector-specific tools and procedures
• Avoiding errors in feasibility studies, operator contracts, project management and financing
• Understanding the interfaces of collaboration

The 3rd edition of the standard work has been comprehensively updated and expanded, among other things, on the role of lawyers and (interior) designers as well as on the “conversion of real estate into accommodation establishments.” Interviews with industry personalities provide exclusive insights into the perspectives of stakeholders involved.

The book is on webpage available from Erich Schmidt Verlag.