Hotel
Feasibility Study

At Wert-Berater, Inc., we are experts in Hotel feasibility studies, providing essential information to those seeking SBA, USDA or other commercial loans.

Our team of professionals is dedicated to delivering accurate and comprehensive evaluations of Hotel properties, including market analysis, financial projections, and site assessments.

With our expertise and attention to detail, we help clients make informed decisions about their investments and develop successful business plans.

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Whether your project is an expansion or new build Hotel, we have the experience to provide a comprehensive Hotel feasibility study that assist your decision making process and potential loan underwriting in compliance with the Small Business Administration (SBA), USDA or other commercial loan requirements.

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See our Experience Page for recent Hotel Feasibility Studies completed around the nation.

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FAQs

How do we do it?

Hotel Feasibility Studies are carried out by a careful evaluation as presented in the following Hotel Feasibility Statement of Work which complies with USDA and SBA loan underwriting requirements.

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We subscribe to reliable sources of data that are accepted by loan underwriters.

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Will my Hotel feasibility study be accepted by my lender?

We are approved by a vast network of SBA lenders, CDC's and Commercial Banks.  Prior to ordering your Hotel feasibility study, if your lender in not on our list, we are pleased to provide our feasibility study consultant credentials including E&O Insurance, Sample Hotel Feasibility Studies, references, and our resumes.

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How much does a Hotel Feasibility Study cost?

Depending on the complexity of the project and the time needed to have a completed Hotel feasibility study ready, the cost varies from about $5,000 to $10,000.

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How much time is needed for us to complete and deliver your hotel feasibility study?

This depends on our workload when you order your Hotel feasibility study.  

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RUSH orders cost extra, but can be completed in as little as 5-business days, providing you have the necessary items provided to us at engagement.

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Generally, Hotel feasibility studies are completed in about 10 to 15 business days.  

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What items do I need to provide to have a Hotel Feasibility Study completed? 

Our Hotel feasibility studies are comprehensive and intended for loan underwriting purposes.  

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We normally request the following items when you engage us for a hotel feasibility study:

• Parcel number(s)

• Land cost

• Site plan

• Franchise agreement (s) or summaries of the terms, if any

• Building renderings and dimensions  (SF areas and allocations) for other uses such as spa, meeting space, retail and amenities areas

• Project cost breakdown

• Land cost and when purchased or is it under contract

• Resumes for all owners with 20% or more interest

• Loan terms applied for including Loan Type such as SBA 504 or 7(a), USDA, loan amount(s), interest rate and amortization

• Copy of your business plan including your projections

• Any appraisals

• Any environmental reports (if a purchase, continuance or reposition project, all Phase I or Phase II Environmental assessments

• If your lender has provided a Term Sheet, we would like to have a copy

• Other items you deem important

• Lender contact details