Case Study

21c Museum Hotel Market & Economic Impact Study

21c Museum Hotel Market & Economic Impact Study

21c Museum Hotel Market & Economic Impact Study Louisville, Kentucky Mr. Hunden completed the feasibility study and application review for the Kentucky Tourism Development Act (KTDA) tax incentive program for a proposed 21c Museum Hotel in Louisville. His work included a market analysis, financial modeling and impact modeling. The award-winning project is a 90-room boutique hotel and is unique in that it houses the developers’ contemporary art collection and creates an interactive art experience throughout the hotel. The idea behind the project was to renovate an historic structure, drawing more tourism, generating a cutting- edge cultural activity and inducing culinary tourism via a destination restaurant. A full analysis was conducted, including a survey of the art-travel wo

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