Today's Hotelier - October 2016 - 40
DEVELOPMENT
& RENOVATION
S
SPOK
ANE
BIIL
LLI
LINGS
TORONTO
OR
O
D
STAMFOR
RD
MINN
MIN
M
MINNEAPOLIS
IIN EAPO
OLIS
PIT
TTSBURG
TT
SBU
SBUR
URG
GH
H
CHIC
CH
C
H AGO
A O
NTO
O
DEN ER
DENV
DENVE
ST.
T LOUIS
L
LOUI
S
LOUISVIL
L
OU SVILLE
O
VILLE
E
CH
CHES
HES
HE
RA
RALEIG
ALEIGH
HE
HEADQUART
EAD
EADQUART
TERS
ER
RS
ANGELES
in terms of interest rate spreads or the
amount of equity or mezzanine financing that the developer must bring to the
table. There is also variation in costs of
materials, labor and professional services from market to market. However,
as a general rule, expect some reduction in total costs when working with
an existing structure as much of the
cost of site improvements, underground
foundation and the construction of the
structure are already accounted for.
PHO
PH
OENIX
NIX
ASSEMBLE YOUR TEAM
AU
US
ST
TIN
BAT
ATON RO
OUGE
GE
E
SAN
AN
N ANTO
NT NIO
O
ORLA
L NDO
O
MIAMI
A team of hotel industry leaders, a leadingedge deal matching technology platform,
and an expansive reach with 21 offices
coast-to-coast to serve your needs.
Contact Sanjay Mundra, CEO
today to discuss how we can
serve you. (919) 789-5215
PREMIER HOTEL ADVISORS
WITH NATIONAL REACH AND LOCAL EXPERTISE
info@svnhotels.com
svnhotels.com
All SVN offices independently owned and operated.
4 0 | OCTOBER
822673_SVN.indd
1
2016 | TODAYSHOTELIER.COM
8/16/16 2:51 AM
Your development and construction
team should include construction management experts, a designer who is
familiar with the city, and an attorney or
urban planner expert intimately familiar
with local planning approval, the permitting processes and the municipal
power players. Also, don't forget your
sometimes "not so silent" partners. They
can be great allies in winning public
approval and creating positive buzz for
the project. These groups include the
community at large, business associations, historical and preservation societies, state and city travel bureaus or
chambers of commerce.
With insightful development, an adaptive reuse can be a stunning physical,
aesthetic and environmental achievement, as well as a practical commercial
success. The overall investment prospects, especially for a prized one-of-kind
structure or outstanding location, can
justify the hard work involved in creating
an exciting and rewarding project.
■
Stephen Siegel, principal,
Hospitality Construction
Project Management
(H-CPM), manages a team
in all aspects of renovations
and construction and is a
proven professional in the areas of design,
engineering, contractor negotiation and
project management for new construction
and renovation projects. Siegel has
a Bachelor's and Master's degree in
Construction Management from the
University of Florida.
http://www.svnhotels.com
http://www.svnhotels.com
http://www.TODAYSHOTELIER.COM
Table of Contents for the Digital Edition of Today's Hotelier - October 2016
Letter From the Chairman
Letter From the President & CEO
News Bytes
AAHOA Spotlight
Best Western’s New Frontier
Government Affairs
The Uneven Playing Field: Hotels & Airbnb
Finding Opportunity in the Old
Development & Renovation
Living Legends: Wisdom From Industry Trailblazers
Finance Q&A
The Latest Tech Tools for Hospitality
Guest Experience
AAHOA Events
AAHOA Founding Members
AAHOA Vendor Partners
Classifieds
Advertiser Index
Today's Hotelier - October 2016 - cover1
Today's Hotelier - October 2016 - cover2
Today's Hotelier - October 2016 - 3
Today's Hotelier - October 2016 - 4
Today's Hotelier - October 2016 - 5
Today's Hotelier - October 2016 - 6
Today's Hotelier - October 2016 - 7
Today's Hotelier - October 2016 - Letter From the Chairman
Today's Hotelier - October 2016 - 9
Today's Hotelier - October 2016 - Letter From the President & CEO
Today's Hotelier - October 2016 - 11
Today's Hotelier - October 2016 - News Bytes
Today's Hotelier - October 2016 - 13
Today's Hotelier - October 2016 - AAHOA Spotlight
Today's Hotelier - October 2016 - 15
Today's Hotelier - October 2016 - 16
Today's Hotelier - October 2016 - 17
Today's Hotelier - October 2016 - Best Western’s New Frontier
Today's Hotelier - October 2016 - 19
Today's Hotelier - October 2016 - 20
Today's Hotelier - October 2016 - 21
Today's Hotelier - October 2016 - 22
Today's Hotelier - October 2016 - 23
Today's Hotelier - October 2016 - Government Affairs
Today's Hotelier - October 2016 - 25
Today's Hotelier - October 2016 - 26
Today's Hotelier - October 2016 - 27
Today's Hotelier - October 2016 - 28
Today's Hotelier - October 2016 - 29
Today's Hotelier - October 2016 - The Uneven Playing Field: Hotels & Airbnb
Today's Hotelier - October 2016 - 31
Today's Hotelier - October 2016 - 32
Today's Hotelier - October 2016 - 33
Today's Hotelier - October 2016 - 34
Today's Hotelier - October 2016 - 35
Today's Hotelier - October 2016 - Development & Renovation
Today's Hotelier - October 2016 - 37
Today's Hotelier - October 2016 - 38
Today's Hotelier - October 2016 - 39
Today's Hotelier - October 2016 - 40
Today's Hotelier - October 2016 - 41
Today's Hotelier - October 2016 - Living Legends: Wisdom From Industry Trailblazers
Today's Hotelier - October 2016 - 43
Today's Hotelier - October 2016 - 44
Today's Hotelier - October 2016 - 45
Today's Hotelier - October 2016 - 46
Today's Hotelier - October 2016 - 47
Today's Hotelier - October 2016 - 48
Today's Hotelier - October 2016 - 49
Today's Hotelier - October 2016 - Finance Q&A
Today's Hotelier - October 2016 - 51
Today's Hotelier - October 2016 - 52
Today's Hotelier - October 2016 - 53
Today's Hotelier - October 2016 - The Latest Tech Tools for Hospitality
Today's Hotelier - October 2016 - 55
Today's Hotelier - October 2016 - 56
Today's Hotelier - October 2016 - 57
Today's Hotelier - October 2016 - Guest Experience
Today's Hotelier - October 2016 - 59
Today's Hotelier - October 2016 - 60
Today's Hotelier - October 2016 - 61
Today's Hotelier - October 2016 - AAHOA Events
Today's Hotelier - October 2016 - 63
Today's Hotelier - October 2016 - AAHOA Founding Members
Today's Hotelier - October 2016 - 65
Today's Hotelier - October 2016 - AAHOA Vendor Partners
Today's Hotelier - October 2016 - 67
Today's Hotelier - October 2016 - 68
Today's Hotelier - October 2016 - 69
Today's Hotelier - October 2016 - 70
Today's Hotelier - October 2016 - 71
Today's Hotelier - October 2016 - 72
Today's Hotelier - October 2016 - 73
Today's Hotelier - October 2016 - 74
Today's Hotelier - October 2016 - 75
Today's Hotelier - October 2016 - 76
Today's Hotelier - October 2016 - Classifieds
Today's Hotelier - October 2016 - 78
Today's Hotelier - October 2016 - 79
Today's Hotelier - October 2016 - 80
Today's Hotelier - October 2016 - 81
Today's Hotelier - October 2016 - 82
Today's Hotelier - October 2016 - 83
Today's Hotelier - October 2016 - 84
Today's Hotelier - October 2016 - 85
Today's Hotelier - October 2016 - Advertiser Index
Today's Hotelier - October 2016 - cover3
Today's Hotelier - October 2016 - cover4
Today's Hotelier - October 2016 - outsert1
Today's Hotelier - October 2016 - outsert2
Today's Hotelier - October 2016 - 91
Today's Hotelier - October 2016 - 92
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