DEVELOPMENT

The development process at Tecton Hospitality has been established through over 20 years experience developing new-build and existing franchise hotels, as well as rehabilitation/re-positioning of old hotels and buildings into new franchise hotels. Tecton Hospitality’s professional hotel management team is involved with the projects that they are retained for in a management agreement environment, as well as possible joint venture equity partnerships, based on the financial model of the project.

Our hotel development process is structured and proven. Here’s a brief synopsis of how it goes:

1. The hotel developer hires Tecton Hospitality to a Technical Services Agreement (TSA) and Management Agreement (MA) for their project.
2. The development team (i.e.; Developer, Architect, Interior Designer, Lawyer, Landscape Architect, Management Company, Hotel Franchise Company, and any other members significant to the project) is selected and meets as a group to discuss the vision, the marketplace and the financial parameters. At that meeting, each member is given an assignment appropriate to his or her field.
3. Tecton Hospitality’s hotel management team is part of all of the pre-planning process, including, but not limited to: number of guestrooms, size of guestrooms, design, meeting space, other amenities, food and beverage concepts, branding, marketing, costs, and hotel technology.
4. Approximately twelve months prior to the scheduled hotel opening, there is a pre-opening plan/budget that is supervised and controlled by Tecton Hospitality, from the hiring of the General Manager and Sales Team, to the execution of a pre-opening sales & marketing and operations plan.
5. Upon completion of construction and issue of the certificate of occupancy, along with approval of the hotel franchise company, Tecton Hospitality commences operation of the hotel.