Why do you have to make a hotel feasibility report and design task book before the hotel starts?

The reasons why many projects of Prospective Industry Research Institute have to write feasibility study reports are as follows:

Feasibility study is an important basis for project investment decision.

The scientific rationality of investment decision of development projects, especially large-scale investment projects, is a project feasibility study based on detailed and reliable market forecast, cost analysis and benefit estimation.

Feasibility study is the basis for project initiation, approval and signing agreements and contracts between developers and relevant departments.

Chinese investment projects must be included in the national investment plan. Especially for real estate projects, the feasibility study report is one of the bases for the relevant government departments to establish, approve and sign relevant agreements.

Feasibility study is the basis of raising construction funds for the project.

The feasibility study of real estate development project analyzes the economic and financial indicators of the project, from which we can understand the project's ability to raise funds and repay the principal, as well as the ability to obtain operating benefits. Whether banks and other financial institutions provide loans mainly depends on the project profit information provided in the feasibility study. Therefore, the feasibility study is also the basis for enterprises to raise construction funds and financial institutions to provide credit loans.

Feasibility study is the basis of compiling design task book.

The feasibility study arranges the construction scale, contents and standards of the development project, which is the content of the project design task book.