Finance Explainer Articles - Hospitality Net

December 18, 2020

What are CRE credit and ESG risks?

The first-lien mortgage is the senior-most loan secured by real estate having priority claim against a property. It is first in the chronological order in which all mortgage loans are filed and recorded and payment upon the property's disposition. The senior mortgage has priority over all junior encumbrances and gives its holder priority to foreclosure proceeds in the event of borrower default.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

Explainer

December 15, 2020

What Is Commercial Real Estate Lending?

Commercial real estate lending is provided to finance income-producing property that is to be built, to refinance and restructure existing real estate financing, and to acquire distressed or non-performing loans (NPLs).

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

Explainer

December 8, 2020

What Are The Hotel Operating Arrangements?

Under a hotel lease agreement, the owner of a hotel property leases it to the tenant, who uses it to run its hotel business. The owner (landlord) has no control over the property's operation and bears no risk and liability for the hotel business.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

Explainer

December 4, 2020

What is Hotel Operator Selection?

The Operator Selection ProcessOperator selection is undertaken by developers and owners for the appointment of the hotel management operator. The process involves candidate identification, screening, and contract negotiations, generally together with the owner's legal counsel.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

Explainer

November 24, 2020

What Is Development Management?

Project Development Management (308)Development management is the strategic planning, administration and controlling of a project during its development life cycle, from project planning through to construction completion and project exit. It is performed to minimize project and financial risk while maximizing profit for the developer.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

Explainer

November 19, 2020

What Is Construction Project Delivery?

Architecture and DesignArchitecture is the skill and process of designing a structure, its exterior geometry and finishes, and defining the general interior layout of the building to enable its operational and logistical functions. When the architect is engaged in a development project generally depends on the project delivery method.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

Explainer

November 17, 2020

What Is Construction Project Management?

Construction project management is the coordination and supervision of a project's construction process, from early planning to erecting and finishing the product for project close-out. It is a function of overall development management.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

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Explainer

November 12, 2020

Why Is Feasibility Analysis Important?

Assessing Project Financial FeasibilityThe financial feasibility study (FFS) determines if or confirms that a project is potentially profitable, it including financial and scenario analysis and an investment appraisal. It should include a cost-benefit analysis of the project throughout the project's entire economic life, as most costs are incurred post construction from operation of the facilities.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

Explainer

November 10, 2020

What Is Hotel Feasibility Analysis?

Hotel Feasibility StudiesFeasibility studies are conducted by developers to analyze and confirm the optimal product to maximize market penetration, performance and the internal rate of return on investment (ROI) for the product's intended holding period. It is generally undertaken to provide objective and reliable information for the decision whether or not to pursue the project.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

Explainer

November 5, 2020

Who Are Project Stakeholders?

A project stakeholder is any individual or group that can affect, be affected by or believe to be affected by a project during its life cycle and/or its output and can influence its success. A development project has multiple stakeholders with varied and often conflicting interests.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

Explainer

November 3, 2020

What is the Hotel Business Case?

The first step in the property development process is opportunity definition. This is when alternative projects are explored, identified and selected.

By Gregory Autin, Managing director of AUTIN&Co (AUTIN GmbH), SEEDIS

HN Original

World Panel

The End of "Pay at Hotel"?

By Mark Fancourt

Expert Views (7)

Pablo Torres

The most significant impact might not be operational, but psychological. Why? Because it's the hotel industry's fault. Let me explain:For years, hotels have trained guests to treat bookings as placeholders: reserve today, decide later.

View all Answers

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