VF Hotels offers the experience and staff necessary to manage every aspect of a development or renovation project. Our trusted network of architects, interior designers and contractors understand the need for high quality workmanship as well as cost efficiency. After all, we are hotel owners, too.

From blueprint to grand opening, VF Hotels provides everything from creative insight to state-of-the-art cost control measures to ensure that a project remains on time, on budget and exceeding expectations. Centralized accounting provides essential oversight to each project—as well as peace of mind to investors and owners. A dedicated controller is assigned to each hotel, so no property is ever “lost in the shuffle” and there is always a human voice on the other end of the line.

Detailed expense reports allow owners to monitor each month’s operating expenses. At VF Hotels, we believe in transparency, accountability and integrity. We understand how to work with labor unions, how to source durable, stylish fabrics and how to secure high quality goods and services at a palatable cost. Put simply, we know what works. And what doesn’t.

This knowledge of the hospitality and real estate marketplace makes us uniquely qualified to gauge the timing and desirability of a hotel repositioning or renovation project. And because we keep a constant eye on the bottom line, VF Hotels is known for its ability to avoid cost overruns, unnecessary expenses and waste.

Project development tasks may include:

Project Analysis

• Feasibility analysis
• Market studies
• Pro-forma preparation and recommendations
• Due diligence assistance

Planning & Predevelopment

• Management of development professionals, including architects, engineers, legal counsel, interior designers, vendors and procurement professionals
• Negotiation with local municipalities, including permitting and approval processes and zoning compliance
• Development budget and accounting