Need help with some further explanations for questions 1, 2, 3, and 4

g hard costs, soft costs, and cash him to thx to him. Ben promises Counter that if the results are good, he will give of the project or venture. him ownership position in the proposed restaurant as a friendly gesture. Is Ben ethical ibing what your project is all about in doing so? What should Couran do in terms of being ethical 10. EXPLORING THE WEBSch the Internet forms that perform market studies and market study and mail for a 200-room fullservice hotel in a major metropolitan city. appraisals for the hospitality industry Contact them to find the approximate cost for a party, that estimates the future The Right Hotel for the Right Market by a professional appraiser. Nicole Sharp, director of acquisitions for Sahara Hotels Corp., has discovered a promising lo cation for a future hotel. The subject property is located in a densely populated urban setting and borders the business district in Shepard City. Ms. Sharp is in the process of developing an The location of the proposed hotel is excellent, as it is located in one of the fastest-growing mend and Courtian works that specializes in market studies, Ben gives the first study to Courtian and Concept Check rvice appraised value. return of capital to the investinent package for potential equity investors and has put together the following fact outline: equity act sheet in an investment market areas in Shepard. Businesses have been readily moving to Shepard because of favorable tax incentives. Along with increased business development, local hotels have experienced an increase in ADR and revenue per available room. The acquisition price of the land will be $3.5 million, with an additional $15 million needed for construction costs for the proposed 197-room property. In total, the project will cost $18.6 million. The city is currently in the process of building a major freeway in front of the proposed build site, which will increase land values and traffic. The hotel competition in the immediate area consists of two major branded hotels and one independently operated property. Competitor A is a budget hotel, Competitor B is a midmarket property without food and beverage facilities, and Competitor Cis an upscale independent prop- erty with food and beverage facilities. nvestment package? ement team? Explain the