Market and Feasibility Studies

UNITED STATES

Catskills, NY - Feasability and operational study for an investment group proposing to acquire a closed resort hotel in the Catskills and redevelop it into a resort to serve the handicapped. PKF Consulting was engaged at the recommendation of the local redevelopment authority to evaluate the proposed facility and its potential operating results.

Catskills, NY - Estimates of potential operating income and advice on the redevelopment plan for the world famous Concord Resort Hotel, a 1,000+ room facility.

Detroit, MI - Evaluated the prospects for a 500-room Peabody Hotel in downtown Detroit, Michigan for the Peabody Hotel Group, Memphis, TN. The hotel would be part of Campus Martius, a multi-million square-foot, mixed-use redevelopment project in the Detroit CBD.

Houston, TX - Adaptive reuse and market study for the planned conversion of the Texaco Building in downtown Houston into a 350-room Ritz-Carlton Hotel.

Houston, TX - Adaptive reuse and market study for the planned conversion of the former headquarters of Humble Oil & Refining into a 170-room Courtyard by Marriott and a 190-room Marriott Residence Inn.

Jamaica, NY - Evaluation of the potential market for a proposed hotel to be developed on top of the light rail station that will connect the Long Island Railroad to JFK Airport. Study don for a local redevelopment agency.

Los Angeles, CA - The Los Angeles Convention and Visitors Bureau retained PKF Consulting to conduct an economic impact analysis of the 2000 Democratic National Convention on the city of Los Angeles. The study found the impact of hosting the convention to be more than $147 million. For further details, contact David Sheatsley at the LACVB, (213) 624-7300.

Los Angeles, CA - Market position study for the proposed Renaissance Hollywood Hotel, part of the TrizecHahn redevelopment plan for Hollywood.

Los Angeles, CA - Strategic planning for the City of Los Angeles in its successful bid to host the 2000 Democratic National Convention.

National - Evaluation of future performance prospects for four hotels located in Florida, Mississippi, Illinois, and Kentucky for Buckhead America Corporation.

National - Nationwide evaluation of the Small Luxury Hotel Market to determine market and operating characteristics of exclusive hotels with fewer than 150 rooms.

National - Detailed market report on the U.S. resort industry for the Government of Singapore Investment Corporation.

New Orleans, LA - Adaptive reuse and market study for the planned conversion of the Maison Blanche Department Store in downtown New Orleans into a Ritz-Carlton Hotel.

New York, NY - Evaluated projections for the redevelopment of the world famous Russian Tea Room.

New York, NY - Evaluated the potential competitive position and operating results for several hospitality facilities planned for the Times Square renovation.

New York, NY and Miami Beach, FL - Prepared market studies for two boutique hotels for Goldman Properties, the Greenestreet Hotel to be located in the SoHo district of Manhattan and for the Tiffany Hotel in the South Beach area of Miami Beach.

Omaha, NE - Adaptive reuse and market study for the conversion of a downtown warehouse into a Courtyard by Marriott Hotel.

Raleigh, NC - Market and financial feasibility study for a proposed 4- to 5-star hotel.

San Antonio, TX - For the City of San Antonio, prepared a market study for a proposed 1,200-room hotel to be constructed adjacent to the Henry B. Gonzalez Convention Center. PKF Consulting managed the RFQ/RFP process for the city.

San Antonio, TX - For Host Marriott, prepared a market study for a proposed 1,000-room expansion of the 1,000-room Marriott Rivercenter Hotel.

San Diego, CA - Market position study for the Hotel del Coronado.

San Diego, CA - Market demand studies for the San Diego Unified Port District for potential hotel development on several selected sites in San Diego.

Tarrytown, NY - Evaluated the potential market and project operating results for Axe Castle, a well-known landmark subsequently redeveloped into a small luxury hotel.

Washington, DC - Conducted a market assessment for hotel development on a one-city-block parcel of land near the proposed new convention center in downtown Washington, D.C. The study included an evaluation of three alternative hotel product types for the subject site and the development of a performance outlook for each.

INTERNATIONAL