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On the Evidentiary Basis for Luxury Hotel Feasibility

In Brief: Dr. Tong Yin examines the prevalence of unsupported figures in luxury hotel feasibility reports, emphasizing the operational and financial risks for developers, investors, and lenders when feasibility assessments lack transparent, verifiable data sources. A Figure Without a Source: On the Evidentiary Basis for Luxury Hotel Feasibility – Image Credit Unsplash    Introduction Over the past two years, luxury and ultra-luxury development pipelines have expanded across the Nordics, the Middle East, Southeast Asia and Central and Eastern Europe. In the feasibility studies, investment memoranda and brand presentations supporting these projects, one figure recurs with remarkable consistency: global high-net-worth individuals have…

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