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Budget for Cityscape Hotel Total Budget $2,00,00,000 Breakdown Expected Percent of Total Project Cost Expected Price Hard Cost (Material, Construction) 55%-66% $116,000,000 Land 10%-21% 36,000,000

Budget for Cityscape Hotel

Total Budget $2,00,00,000



Breakdown Expected Percent of Total Project Cost Expected Price
Hard Cost (Material, Construction) 55%-66% $116,000,000
Land 10%-21% 36,000,000
Soft Costs (Non-construction costs) 12% $24,000,000
Furniture and Fixtures 9% $18,000,000
Opening Expenses 3% $6,000,000



Room Constuctuion cost 30,000,000
architecture & engineering fee 5% $10,000,000
design review fee 2% $4,000,000
project management fee 3% $6,000,000
development fee 4% $8,000,000


Create a ten-year forecast of net operating income that also needs to be put in the table as well as just include the number of rooms, number of occupied rooms nights, occupancy, average daily rate (ADR), revenue per available room (RevPAR) and revenue in rooms, food & beverage, rentals and other income.

include departmental expenses in these rooms, food & beverage, rentals, total operating department expense.

include gross operating profit, fixed charges.

From this data only available as well as in table form for each year with their (RevPAR) and revenue in rooms, food & beverage, rentals and other income.

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