Real estate development projects involve a wide range of costs from initial planning through construction and opening. This guide provides a comprehensive breakdown of project cost categories – from tangible construction expenses to financing outlays – and explains which costs are typically included in a development pro forma versus those usually excluded. We will illustrate each cost category with examples from RV park , hotel , and gas station projects, highlighting commo

Illustrative picture - Pak City, Utah In mid-December at Vail Mountain in Colorado, skiers expecting a holiday snowpack instead found stretches of barren ground. Only about 11% of the resort’s terrain was open amid a startling dearth of early-season snow. Lift chairs ascended over brown slopes, and the usual bustle of Christmas-week crowds had thinned. This bleak scene is emblematic of a broader reality confronting Vail Resorts , the nation’s largest ski resort operator: a s

Developing a small cabin involves many variables, from construction method to location. Below is a comprehensive overview of costs for one-bedroom and two-bedroom cabins in the United States, comparing modular/prefabricated vs. stick-built methods, turnkey vs. non-turnkey approaches, regional cost differences (Northeast, South, Midwest, West), and the impact of rural/off-grid vs. suburban utility-connected sites. All costs are in USD, and ranges are provided where applica

Introduction Saudi Arabia’s hotel industry is undergoing a remarkable transformation as the Kingdom pursues its Vision 2030 ambitions. Boosted by record visitor volumes and government investment, the hospitality market has rebounded strongly from the pandemic and is now reaching new heights. Total tourist trips (domestic and international) hit 115.9 million in 2024 , an all-time high that exceeded the initial target of 100 million . Travel and tourism are on track to contribu

Policy Overview: Capping Tourism and Halting New Hotel Supply Amsterdam’s local government has enacted a strict “Tourism in Balance” policy to safeguard liveability, which includes an annual cap of 20 million tourist overnight stays  and a ban on new hotel construction . Under the policy, a new hotel can only be developed if an existing hotel of equivalent size closes, ensuring no net increase in total rooms . This effectively means no new  hotels  unless they replace older o

Introduction In the U.S. hotel industry, revenue volatility  has become a defining challenge for lenders and investors. The COVID-19 pandemic underscored how dramatically Average Daily Rate (ADR)  and Revenue per Available Room (RevPAR)  can swing, with 2020 seeing RevPAR collapse by nearly 50% year-over-year – an unprecedented drop. Even outside of such extreme events, hotels experience cyclical and seasonal fluctuations in occupancy and rates that far exceed those in other

Executive Summary Scale & Market Position:  Blackstone Inc. (NYSE: BX) is the world’s largest owner of commercial real estate, with a global portfolio value exceeding $600 billion  and over 12,000 properties owned . Its real estate arm manages $339 billion of investor capital  and benefits from Blackstone’s total $1.21 trillion  in assets under management. This unparalleled scale provides diversification and access to capital, making Blackstone a bellwether in the CRE market.

Extended stay hotels have emerged as a standout segment  in the U.S. hospitality real estate market, offering a blend of resilience and robust cash flows that has attracted deep investor interest. Even as overall lodging occupancy remains slightly below pre-pandemic highs, extended stay properties have been outperforming: in late 2024 they averaged over 70% occupancy, versus about 60% for traditional hotels . This high utilization, coupled with lean operations, translated int

1. Property Overview Location & Profile:  The Bellagio is a flagship luxury resort-casino located at 3600 Las Vegas Blvd South in the...

Brand Overview SpringHill Suites by Marriott  is an upscale, select-service hotel brand positioned in the all-suites  category under...

SpringHill Suites by Marriott Kanab - 635 E 300 S, Kanab, UT 84741 Introduction Operating a swimming pool at a hotel, motel, or RV park...

EVEN Hotels Rockville - 775 Rockville Pike, Rockville, MD 20852 Introduction Hotel capitalization rates ( cap rates ) are a crucial...

Introduction The short-term rental (STR) industry in the U.S. is experiencing robust structural growth, driven by several converging...

Growing Regulatory Pressure on Short-Term Rentals in Spain Spanish authorities have dramatically tightened the reins on alternative...

Introduction The U.S. hotel industry is experiencing an underwhelming summer season in 2025. Key performance metrics have slipped below...

Introduction In this hotel feasibility study, we analyze MMCG’s hospitality performance indicators  to identify the top 10 U.S. markets...

Louvre Abu Dhabi - Saadiyat - Abu Dhabi - United Arab Emirates Photo by Michal Mohelsky Executive Summary Robust Recovery: The UAE hotel...

Hyatt Regency Seattle - 1260 Rooms Upper Upscale Hotel (2008) - 808 Howell St, Seattle, WA 98101 Seattle’s hotel development pipeline is...

WoodSpring Suites Atlanta McDonough - 625 Industrial Blvd, McDonough, GA In this article, we will focus on analysis of how recently...

Fairfield Inn & Suites Cuero 2121 N Esplanade St Hotel, Cuero, TX 77954 Overview Obtaining a commercial building permit in Texas is a...