Case Study

Convention Center & Hotel Study - Developer Selection

Convention Center & Hotel Study - Developer Selection

Convention Center & Hotel Study - Developer Selection Sioux City, Iowa The City of Sioux City retained HSP to help determine a long-term solution for their convention center hotel needs, as well as future needs for renovating and expanding the convention center. First, HSP was brought in to evaluate the potential need and demand for a new downtown full-service hotel that would optimize the performance of the convention center, as well as determine a strategy to deal with the existing foreclosed upon hotel that was hurting market performance. The study considered supply and demand issues, competitive convention issues, cost of development and other factors. The key was to recommend a hotel large enough to induce the appropriately sized groups to the convention center, but n

Join for free to read