Question: Your client wants to develop a full - service convention hotel with 1 , 0 0 0 rooms, 3 restaurants, 1 b a r ?
Your client wants to develop a fullservice convention hotel with rooms, restaurants, nightclub and square feet of meeting space in downtown Miami. She expects the ADR to be about $ She expects that she will be successful in obtaining a "Hilton" flag for the hotel. Please answer the following:
Which of the following hotels would be LEAST IMPORTANT for you to interview during your feasibility study?
Select service hotel similar to a Hilton Garden Inn hotel right next door to your client's site Only square feet of meeting space. Average Daily Rate ADR is about $
Intercontinental Hotel blocks away from your client's site rooms, with meeting rooms totaling square feet. ADR at this Hyatt is about $room Marriott Marquis in Orlando miles away from your client's hotel. The Marquis offers square feet of meeting space. $
Jack's Motel about blocks away from your client's site. Jack's Motel had an average daily rate of $ and an "official" Joes business is all cash occupancy of last year. When you interviewed Joe, however, he told you that he really had an average rate per occupied room of $ but rented each room TWICE every day giving him his ADR of $ $room Luxe Boutique Inn on the same block within one minute walk of your clients proposed hotel. Movie stars stay at the Luxe Boutique because they like the quiet atmosphere. Even though the Luxe Boutique Inn is so fancy, the ADR at the Luxe Boutique is reported to be $ just slightly higher than your client's hotel
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