Wert-Berater, Inc. successfully provided more than 150 page study for USDA and SBA review. The study covered all aspects of hotel development and the risks associated with lending on a new hotel. The study incorporated:
The study will be submitted to potential lenders and USDA or SBA backing will be sought by the company.
Glendive Montana is a small town located about 200 miles west of the Oil Boom Epic Center. However, the analysts at Wert-Berater, Inc. were careful to project hotel demand on consistent economic features of the area so that the developer would not make the mistake of developers before them counting on a boom and potential bust cycle.
The economic boom is only a year old in hotel economic demand time. Not enough to solely base demand of a new hotel on. The area is rich in meeting, group and leisure markets however.
For information as to how Wert-Berater, Inc. can serve your feasibility study needs, please call us at 1.888.661.4449. Ask for Donald Safranek