Hospitality Development · Hospitality & real estate
I support owners, lessors, investors and project developers in answering these questions early, from an economic and operational operator’s perspective.
30 minutes, free of charge, to discuss your project and the next steps.
Erlenbad Suites · Sasbach
Our own development and operator project
Early decisions
Floor plans, the number and size of the units, fit-out and building services shape housekeeping, target guests, revenue and staffing, long before the first guest checks in.
Many decisions that determine later operations are made long before the first guest checks in. Which concept can work at this location, commercially and operationally? Operations, guest and property have to work together. An existing smaller rental belongs with Host Consulting. A business that is already run professionally belongs with Operator Consulting.
Advisory fields
01
Location, demand and the property produce the positioning. The target group, the concept for use and the mix of units and sizes follow from that.
02
Realistic prices come from the market, the concept and the positioning. Occupancy and revenue are looked at in scenarios, not as an exact forecast.
03
Booking, check-in, communication, access, fit-out and systems have to be thought through in planning, so the concept can be operated later. A viable operating concept does not mean the owner has to become the operator. If an external operator is intended, the requirements can already be defined during development, and the later operator search prepared.
Operator Search & Selection
Are you developing a hospitality project, or do you own a property, and prefer not to operate it yourself? I support owners, lessors, investors and project developers in finding an operator who fits the property, the concept and the commercial objectives.
This is not only about finding any interested party. In operator search I combine long experience in recruiting and selection with the perspective of an active hospitality operator. I can therefore not only identify and approach suitable operators, but also judge, professionally and as a business owner, who actually fits the project.
I use both my existing network and a targeted search for suitable operators.
If you wish, I support the selection process from the first conversations, through the alignment between owner and operator, to handover and into the first phase of working together.
Practice · Erlenbad
Together with my wife, I co-developed and built Erlenbad as a hospitality project. Developing a hospitality concept in a historic former monastery required far more than furnishing individual apartments.
Hospitality development does not end for me on the floor plan. It has to work in later operations. Alongside developing and operating accommodation for others, we invest in property ourselves and hold our own units.
Musik Suite N°301
Erlenbad Suites · Sasbach
Offer
It is aimed, for example, at owners, lessors, investors and project developers who want to develop a property as a new hospitality operation, reposition an existing property, or assess a possible hospitality concept in a structured way before an investment decision.
Feasibility & Concept Review
from 4,900 €plus VAT
The Feasibility & Concept Review connects market, concept and later operations. The client receives a written feasibility and concept report.
A feasibility analysis cannot predict the future. It does create a traceable basis for judging opportunities, risks and commercial relationships more clearly before an investment decision. The results, assumptions and open decisions are then discussed together. The specific scope depends on the size of the project, the stage of planning, the location, the documents available and the depth of analysis required.
Concept Development & Project Support
Tailored Proposal
The review clarifies what should be created and whether the concept is fundamentally sound. After that, support for individual phases from an operator’s perspective can be useful. Depending on the project, it can also include developing the operator profile, operator search and selection, and support through to handover. The specific scope comes from the tailored proposal. This does not replace specialist planning (architecture and technical planning).
Scope and fee depend on the project phase and the brief. Where specialist planning is required, the findings are brought into the work with the relevant specialists as an operator’s perspective.
Operator Search & Selection
Tailored Proposal
From defining the operator profile, through a targeted search and shortlist, to support with the decision.
If you wish, this includes support for conversations, handover and the working relationship.
GASTWERT’s hospitality development focuses on apartment, holiday-apartment, serviced-apartment and comparable hospitality concepts. It does not replace advice on architecture, tax, law, financing, valuation or building law.
My services are exclusively for entrepreneurs within the meaning of § 14 of the German Civil Code (BGB). All fees are net, plus statutory VAT.
Working together
30 minutes to clarify the property, the project stage, the objective and the question.
Existing floor plans, plans, location information and other relevant documents are reviewed. The specific scope of the analysis follows from that.
Location, market, target groups, units, price and revenue potential, and the later operating structure are examined.
The results are brought together in a structured way and assessed from an operator’s perspective.
Assumptions, opportunities, risks and open decisions are discussed together.
If needed, further concept development and the preparation of operations can be supported.
Common questions
As early as possible, so that target groups, units, operations and the guest journey can feed into planning and investment. Existing plans can also be reviewed later from an operator’s perspective.
Yes, from an operator and use perspective: unit sizes, guest journey, housekeeping and processes. This does not replace an architectural or building-law review.
Within the Feasibility & Concept Review, assumptions on price, occupancy and revenue are considered, together with the first operational connections. The results support a commercial and operational assessment of the hospitality concept. They do not replace a tax, financing or expert valuation.
Yes. Fit-out and furnishing can be supported during concept development, from the perspectives of positioning, the guest and the operator.
Yes. System requirements, the guest journey and operational processes can be designed, and both selection and implementation can be supported.
Depending on the project, individual project support can be agreed after the Feasibility & Concept Review.
The focus is on apartments, holiday apartments, serviced apartments and comparable concepts. For classic hotels, each case has to be checked to see whether the task fits that focus.
What matters is which concept emerges from it. For a property, a location or an existing project, the initial consultation — 30 minutes, free of charge — is where we clarify together which questions should be answered before the next decisions.