AECOM to Launch New Hotel Investment Viability Tool at IHIF 2013
LONDON - January 24, 2013 - On March 4, 2013, at the International Hotel Investment Forum 2013 (IHIF) in Berlin, AECOM will launch a new interactive tool called HINT (Hotel INvestment Tool). HINT allows users to test whether a potential hotel development idea is likely to be economically viable at a very early stage.
The easy-to-use tool allows users to see the potential value, cost and return on investment by entering a number of variables, such as location, hotel typology and revenue assumptions. The tool works by combining AECOM's operational knowledge with cost data from Davis Langdon, an AECOM company. This will provide clients with an early check on their idea without having to pay for large studies too early in the process.
“What makes this tool unique is the way that it brings together intelligence from two disciplines (cost consultancy and economic feasibility) that traditionally have been commissioned separately,” commented Kevin Underwood, AECOM's global head of leisure + culture. "We are excited to share HINT with our clients and hotel operator contacts who have expressed a keen interest in using a tool such as this that provides an early indication of a hotel project's economic viability.”
AECOM will be demonstrating the tool at stand 28 at the IHIF in Berlin, which runs from the 4 - 6 March 2013. Further information about HINT can be found at www.aecom.com/HINT. Beginning on 4 March, a “Lite” version of the tool will be available at this address. For further information about IHIF 2013, please visit www.berlinconference.com.
About AECOM
AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural and social environments. A Fortune 500 company, AECOM serves clients in more than 130 countries and had revenue of $8.2 billion during the 12 months ended Sept. 30, 2012. More information on AECOM and its services can be found at www.aecom.com. Follow AECOM on Twitter at @AECOM.
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