Online tool will enable developers to work out viability of projects cheaply
Aecom is launching an interactive tool that will enable developers to work out the cost and viability of a hotel development anywhere in the world.
The online tool – dubbed ‘HINT’ – will be launched next week and will enable developers to calculate the potential value, cost and return on investment by entering variables including location, hotel type and revenue assumptions.
Aecom said the tool will provide clients with an “early check” on a hotel development’s viability “without having to pay for large studies too early in the process”.
The tool incorporates cost data from Aecom’s UK subsidiary Davis Langdon.
Further information at http://www.aecom.com/hint, the tool goes live on Monday (4 March).