The City of Georgetown requests proposals for professional services to conduct a market feasibility study for a proposed downtown hotel in the City of Georgetown. The study should address the current and projected market demand analysis for the number, type and duration of hotel stays in the City; a competitiveness analysis on what a new hotel facility must do to provide a unique alternative to the current hotel stock and be successful; as well as an economic feasibility analysis and proforma for a potential downtown hotel. The successful bidder will conduct a study to determine the optimal site, recommend a facility program, provide analysis for potential hotels developers, management companies and brands who may be interested in a downtown project.
Sealed RFP’s are due no later than 4:00 pm on Friday, September 19, 2014. Submittals are to be delivered or mailed to City of Georgetown, 120 North Fraser Street, Georgetown, SC, 29440 Attention: Tee Miller, Economic Development Director