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Hotel Development & Project Management

Ask About Our Hotel Development & Project Management Starter Kit!

Includes: Site Evaluation, Programming, Brand/Franshisor Recommendation, Income Proforma, and Draft Development Budget

From Concept to Completion: Seamless Execution

From concept to completion, we oversee every aspect of hotel development. Our expertise ensures your project stays on budget, on schedule, and aligned with your quality objectives.

ROI can be calculated from a simple formula:

ROI = NOI/Total Development Cost

We have an iterative process using data, a network of industry contacts, and “boots-on-the-ground” interviews to assist you in selecting and evaluating your potential hotel site. 

 

Programming can include recommendations for the number of rooms and suites, room mix, size of meeting and banquet space, parking, back of the house requirements, and supporting amenities.

Our guidance through the evaluation of your brand and franchise options can make a difference in your returns. The brands each have national rev pars, development costs, and franchise fees. Selecting the available brand that will have the highest rev par relative to cost is crucial in maximizing your project return.

We can recommend hotel-specific architects, designers, general contractors, and procurement companies with proven track records.

We can quickly produce a 5-year income Pro Forma and/or facilitate “first blush” cost estimates. Our point of differentiation is the depth of operating knowledge relative to most who do this work. We understand what is behind the numbers. 

The decision that will most impact your NOI is the selection of the management company, more specifically, who you approve to be your General Manager. We have selection tools that can maximize your chances of success.

For select owners, we will provide full oversight responsibilities from predevelopment through operation.

Development FAQs

A hotel development consultant advises owners and developers throughout the hotel development process, from initial feasibility through opening. Services typically include market and supply-demand analysis, site evaluation, concept and brand selection, financial modeling, development budgeting, and coordination with brands, lenders, and design teams.

From concept to completion, Peck Hotel Consulting oversees every aspect of hotel development. Our expertise ensures your project stays on budget, on schedule, and aligned with your quality objectives.

A development consultant is most valuable early in the process, before site acquisition or brand commitment. Early engagement with our team helps validate demand, reduce underwriting risk, align scope with market realities, and improve financing outcomes.

Our detailed hotel feasibility study typically includes market and demand analysis, competitive set evaluation, recommended hotel concept and positioning, projected operating performance, and a financial assessment to determine development viability. Owners, investors, and lenders use the study to support decision-making.

Yes. Peck Hotel Consulting advises clients on brand selection by evaluating market fit, brand performance, and long-term financial impact. The firm also assists in franchise negotiations to help owners secure terms that align with project economics and development objectives.

Yes. Development consulting engagements commonly include preparation or review of hotel income pro formas and development budgets. These financial tools support underwriting, lender discussions, and internal investment decisions.

Yes. Peck regularly advises first-time hotel developers and owner-operators. Engagements are structured to provide clear guidance through unfamiliar processes while maintaining the same analytical rigor applied to experienced investors.

Clients choose Peck because hotel development requires more than construction coordination. Peck brings practical hospitality experience and financial discipline to the process, helping owners and investors make informed decisions from concept through execution. We can serve as a developer-for-hire or strategic advisor, with a focus on reducing risk and supporting long-term profitability.

For additional insight into hotel development feasibility, capital markets, and project risk, read Jon Peck’s article, “Hotel Investment & Development Trends: Key Takeaways from Cayuga’s Annual Conference.”