Case Study

Downtown Hotel Feasibility & Impact Study

Downtown Hotel Feasibility & Impact Study

Downtown Hotel Feasibility & Impact Study Bentonville, Arkansas Hunden Strategic Partners worked representatives at the NWA Downtown Revitalization Fund to study the downtown hospitality market to determine if opportunity existed to develop a new hotel package. The site was located at S.E. 8 th and S.E. J Streets. The 9-acre site was within the Market District Neighborhood, adjacent to or within walking distance of the 8 th Street Market (pictured above), several of Walmart’s corporate facilities, the Plant (a place for contemporary arts), a mixed-use residential development, Urban Office Project, and NWA Razorback Greenway. The proposed hotel was envisioned as an upper mid-scale hotel with limited function space, and an average nightly rate around $150. The client was o

Join for free to read