Transcript ART FACTORY HOTELS BUSINESS PLAN

Art Factory Hotels
Proposal
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Art Factory Hotels
Proposal
Table of Content
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Title page - pg 1
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Table of content - pg 2
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Overview - pg 3
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External Rendering- pg 4
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Internal Rendering - pg 5
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Room Internal Rendering - pg 12
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Restaurant Elements - pg 13
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Amenities Program - pg 14
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Capital Cities Five year Pro Forma - pg 15-17
Lobby Floor plan - pg 7
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Global Cities Five year Pro Forma - pg 18-19
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Lobby Graphics - pg 8
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Global List of 30 Cities for Art Factory Hotels - pg 20
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Typical Floor plan - pg 9
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Global map of 30 Cities for Art Factory Hotels - pg 21
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Room Plan Base Floor- pg10
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Team Members - pg 22- 24
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Room Plan Mezzanine - pg 11
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Strategic Partners - pg 25-34
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Art Factory Hotels
Proposal
Overview
A new concept in urban hotels for edgy people who do not want to stay at The Plaza. Art Factory Hotels
will present an immediately different context from the standard bourgeois model. All living spaces are set up as artist's
lofts with mezzanine sleeping areas, large open areas and even a small high end kitchen. Combined with furnishing
and equipment typical for loft spaces, and a deconstructive look for walls, windows and ceiling, the Art Factory Hotels
room will be like staying in an artist's loft and not your parent's hotel. Art Factory Hotels will be located in emerging,
cutting edge areas of important cities. Public areas will reinforce the industrial look and incorporate a hot restaurant
and exciting bar. The exterior will have the look of a repurposed factory building.
All great hotel brands are performance art. They provide not just a bed but an opportunity to participate in
a bit of a fantasy. The Art Factory Hotels product will be aimed at the top of the market and will have room rates
competitive with the best hotels in town. The Art Factory Hotels demographic group being targeted is between 21 to
45. The Focus will be on guests who are able to afford the experience they want and creatively oriented. Despite the
artist loft look, the hotel will offer 5 star amenities including 24 hour room service, state of the art business center, gym
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and extraordinary concierge services.
Art Factory Hotels
Proposal
External Rendering
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Art Factory Hotels
Proposal
Internal Rendering
5
Art Factory Hotels
Proposal
Lobby Floor Plan
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Art Factory Hotels
Proposal
Lobby Graphics
7
Art Factory Hotels
Proposal
Typical Floor Plan
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Art Factory Hotels
Proposal
Room Plan | Base Floor
9
Art Factory Hotels
Proposal
Room Plan | Mazzanine
10
Art Factory Hotels
Proposal
Room Internal Rendering
11
Art Factory Hotels
Proposal
Restaurant Elements
12
Art Factory Hotels
Proposal
Amenities Program
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24 hour Room Service
Private Dinning Catering
Four Star restaurant for breakfast,
lunch and dinner with a lounge
component as well.
VIP Assistant
In Room Amenities:
– Totally wired smart rooms
– Big screen TV
– Door card receiving lights, air
conditioning, drapes shades,
dimmer switches for lights from
bedside
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Rooftop Lounge
Outside Deck
Low Carbon Footprint Model
Upscale Bathroom Fixtures
Internet TV
Anti-theft Warning System
Same Day Laundry Service
Video Conference System
24 hour Self-service Key Access
Business Center with VIP Assistant
24 hour gym with Sauna, Steam and
Jacuzzi
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Art Factory Hotels
Proposal
Capital Cities Five Year Pro Forma
Destination Hotel Partners
Art Facotry Hotels Capital Cities 5 year Pro Forma
Closing and Construction Costs
Land Purchase
Closing
Bank Fees
Mortgage Recording Taxes
Legal Fees
Feasibility Study
Title Insurance
Prepaid Exp
Environmental Phase I
Accounting/Audit
Broker Fee
2,000,000
2.0%
2.80%
455,915
638,280
50,000
25,000
18,000
0
40,000
50,000
0
0.9%
0%
Total Closing Costs
1,277,195
Soft Costs
Arch
2.0% of Hard Costs
Interior Design
1.0% of Hard Costs
Engineering
0.5% of Hard Costs
Expeditor
Entitlements / Permits / Zoning Consultant
Construction Manager
2.0% of Hard Costs
Developer Fee
7.0% of Hard Costs
Insurance
Pre-opening Expenses
$1,000 per room
Interest Reserve(avg balance $9.0M at avg int rate of 10%)
Working Capital
$2,000 per room
Contingency
5.0%
Total Soft Costs
440,000
220,000
110,000
20,000
50,000
440,000
1,540,000
150,000
90,000
1,367,744
180,000
230,387
4,838,131
Hard Costs
New Construction
FF&E
Contingency
Total Hard Costs&FFE
Total Closing, Hard and Soft Costs
$250
SF
88,000
$15,000 per room
5.0%
22,000,000
1,350,000
1,100,000
24,450,000
30,565,326
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Art Factory Hotels
Proposal
Capital Cities Five Year Pro Forma
Destination Hotel Partners
Captial Cities
Art Factory Hotels
All amounts U.S. $ x 1,000
Year 1
$
No. of rooms
Rooms available
Rooms sold
Occupancy %
Average Rate Hotel
Year 2
$
%
90
32,850
23,981
73.0%
$260
Year 3
$
%
90
32,850
24,638
75.0%
$265
Year 4
$
%
90
32,850
24,966
76.0%
$269
Year 5
$
%
90
32,850
25,623
78.0%
$271
%
90
32,850
25,952
79.0%
$289
Revenues
Rooms
Telecom
Other Income
6,235
48
50
6,333
98.5%
0.8%
0.8%
100.0%
6,529
49
53
6,631
98.5%
0.7%
0.8%
100.0%
6,716
50
55
6,821
98.5%
0.7%
0.8%
100.0%
6,944
51
58
7,053
98.5%
0.7%
0.8%
100.0%
7,500
52
61
7,613
98.5%
0.7%
0.8%
100.0%
935
48
13
996
15.0%
100.0%
25.0%
15.7%
1,567
49
13
1,629
24.0%
100.0%
25.0%
24.6%
1,545
50
14
1,608
23.0%
100.0%
25.0%
23.6%
1,528
51
14
1,593
22.0%
100.0%
25.0%
22.6%
1,650
52
15
1,717
22.0%
100.0%
25.0%
22.6%
Operating Department Income
5,337
84.3%
5,001
75.4%
5,213
76.4%
5,460
77.4%
5,896
77.4%
Undistributed Operating Expenses
Administrative & General
Marketing
Repairs & Maintenance
Heat, Light & Power
Franchise Fees
Asset Management Fee
Total Undistributed Operating Expenses
380
253
190
190
253
127
1,267
6.0%
4.0%
3.0%
3.0%
4.0%
2.0%
22.0%
431
133
199
3
265
133
1,031
6.5%
2.0%
3.0%
3.0%
4.0%
2.0%
18.5%
409
136
205
205
273
136
1,228
6.0%
2.0%
3.0%
3.0%
4.0%
2.0%
18.0%
423
141
212
212
282
141
1,270
6.0%
2.0%
3.0%
3.0%
4.0%
2.0%
18.0%
457
152
228
228
305
152
1,370
6.0%
2.0%
3.0%
3.0%
4.0%
2.0%
18.0%
Gross Operating Profit
Rest Lease
Total
Fixed Expenses
Management Fees
Insurance
Land Lease
Real Estate Tax
Reserve for capital replacements
Total Fixed Expenses
4,071
500
4,571
64.3%
3,971
500
4,471
59.9%
3,985
500
4,485
58.4%
4,190
500
4,690
59.4%
4,525
500
5,025
59.4%
190
60
0
1,140
127
1,517
3.0%
0.9%
0.0%
18.0%
2.0%
23.9%
199
66
0
464
199
928
3.0%
1.0%
0.0%
7.0%
3.0%
14.0%
205
73
0
477
273
1,028
3.0%
1.1%
0.0%
7.0%
4.0%
15.1%
212
80
0
494
282
1,067
3.0%
1.1%
0.0%
7.0%
4.0%
15.1%
228
88
0
533
305
1,154
3.0%
1.2%
0.0%
7.0%
4.0%
15.2%
Cash flow before Debt Service
3,054
Total Revenues
Departmental Expenses
Rooms
Telecom
Other Income
Total Departmental Expenses
3,543
3,457
3,623
3,872
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Art Factory Hotels
Proposal
Capital Cities Five Year Pro Forma
Financing
Closing, Hard & Soft Costs
Land purchase
Total Cost
Funding Requirment
Rate
Term
Debt
Equity
Debt Service at Year 1
All amounts U.S. $ x 1,000
Equity
Cash Flow before Debt Service
Perm. Debt Service
Sale at End of 5th Year
Loan Balance at end of 5th Year
Cash Inflows/Outflows
Per Room
30,565,326
2,000,000
32,565,326
32,565,326
6.0%
25
70% 22,795,728
30% 9,769,598
1,783,235
Construction
Year -2
Year -1
-9,770
Cap Rate
Year 2
Operations
Year 3
Year 4
Year 5
0
0
3,054
-1,783
3,543
-1,783
3,457
-1,783
3,623
-1,783
-9,770
0
1,271
1,759
1,674
1,840
3,872
-1,783
43,019
-20,501
24,606
1.71
1.99
1.94
2.03
2.17
9%
DSCR
IRR (Leveraged)
Year 1
24.21%
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Art Factory Hotels
Proposal
Global Cities Five Year Pro Forma
Destination Hotel Partners
Art Factory Hotels Global Cities 5 Year Pro Forma
Closing and Construction Costs
Land Purchase
Closing
Bank Fees
Mortgage Recording Taxes
Legal Fees
Feasibility Study
Title Insurance
Prepaid Exp
Environmental Phase I
Accounting/Audit
Broker Fee
40,000,000 (assuming a land lease)
2.0%
2.80%
1,001,387
1,401,941
50,000
25,000
360,000
0
40,000
50,000
0
0.9%
0%
Total Closing Costs
2,928,328
Soft Costs
Arch
2.0% of Hard Costs
Interior Design
1.0% of Hard Costs
Engineering
0.5% of Hard Costs
Expeditor
Entitlements / Permits / Zoning Consultant
Construction Manager
2.0% of Hard Costs
Developer Fee
7.0% of Hard Costs
Insurance
Pre-opening Expenses
$1,000 per room
Interest Reserve(avg balance $9.0M at avg int rate of 10%)
Working Capital
$2,000 per room
Contingency
5.0%
Total Soft Costs
484,000
242,000
121,000
20,000
50,000
484,000
1,694,000
150,000
92,000
3,004,160
184,000
326,258
6,851,418
Hard Costs
New Construction
FF&E
Contingency
Total Hard Costs&FFE
Total Closing, Hard and Soft Costs
$275
SF
88,000
$20,000 per room
5.0%
24,200,000
1,840,000
1,210,000
27,250,000
37,029,746
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Art Factory Hotels
Proposal
Global Cities Five Year Pro Forma
Destination Hotel Partners
Global Cities Five Year Development
and Operating Pro Forma
All amounts U.S. $ x 1,000
Year 1
$
No. of rooms
Rooms available
Rooms sold
Occupancy %
Average Rate Hotel
Year 2
$
%
92
33,580
27,536
82.0%
$429
Year 3
$
%
92
33,580
29,215
87.0%
$455
Year 4
$
%
92
33,580
29,886
89.0%
$482
Year 5
$
%
92
33,580
30,222
90.0%
$511
%
92
33,580
30,558
91.0%
$542
Revenues
Rooms
Telecom
Other Income
11,813
55
50
11,918
99.1%
0.5%
0.4%
100.0%
13,285
58
53
13,396
99.2%
0.4%
0.4%
100.0%
14,406
60
55
14,521
99.2%
0.4%
0.4%
100.0%
15,442
60
58
15,560
99.2%
0.4%
0.4%
100.0%
16,550
61
61
16,672
99.3%
0.4%
0.4%
100.0%
Rooms
Telecom
Other Income
Total Departmental Expenses
1,772
55
13
1,839
15.0%
100.0%
25.0%
15.4%
3,188
58
13
3,260
24.0%
100.0%
25.0%
24.3%
3,313
60
14
3,387
23.0%
100.0%
25.0%
23.3%
3,397
60
14
3,472
22.0%
100.0%
25.0%
22.3%
3,641
61
15
3,717
22.0%
100.0%
25.0%
22.3%
Operating Department Income
10,078
84.6%
10,136
75.7%
11,134
76.7%
12,088
77.7%
12,955
77.7%
Administrative & General
Marketing
Repairs & Maintenance
Heat, Light & Power
Franchise Fees
Asset Management Fee
Total Undistributed Operating Expenses
715
477
358
358
477
238
2,384
6.0%
4.0%
3.0%
3.0%
4.0%
2.0%
22.0%
871
268
402
3
536
268
2,079
6.5%
2.0%
3.0%
3.0%
4.0%
2.0%
18.5%
871
290
436
436
581
290
2,614
6.0%
2.0%
3.0%
3.0%
4.0%
2.0%
18.0%
934
311
467
467
622
311
2,801
6.0%
2.0%
3.0%
3.0%
4.0%
2.0%
18.0%
1,000
333
500
500
667
333
3,001
6.0%
2.0%
3.0%
3.0%
4.0%
2.0%
18.0%
Gross Operating Profit
Restaurant /OFFICE Lease
Total
Fixed Expenses
7,695
1,105
8,800
64.6%
8,057
1,105
9,162
60.1%
8,520
1,105
9,625
58.7%
9,287
1,138
10,425
59.7%
9,954
1,172
11,126
59.7%
Total Fixed Expenses
358
60
0
2,145
238
2,801
3.0%
0.5%
0.0%
18.0%
2.0%
23.5%
402
66
0
938
402
1,807
3.0%
0.5%
0.0%
7.0%
3.0%
13.5%
436
73
0
1,016
581
2,106
3.0%
0.5%
0.0%
7.0%
4.0%
14.5%
467
80
0
1,089
622
2,258
3.0%
0.5%
0.0%
7.0%
4.0%
14.5%
500
88
0
1,167
667
2,422
3.0%
0.5%
0.0%
7.0%
4.0%
14.5%
Cash flow before Debt Service
5,999
Total Revenues
Departmental Expenses
Undistributed Operating Expenses
Management Fees
Insurance
Land Lease
Real Estate Tax
Reserve for capital replacements
7,354
7,520
8,167
8,704
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Art Factory Hotels
Proposal
Global Cities Five Year Pro Forma
Financing
Closing, Hard & Soft Costs
Land purchase
Total Cost
Funding Requirment
Rate
Term
Debt
Equity
Debt Service at Year 1
All amounts U.S. $ x 1,000
Equity
Cash Flow before Debt Service
Perm. Debt Service
Sale at End of 5th Year
Loan Balance at end of 5th Year
Cash Inflows/Outflows
Per Room
37,029,746
40,000,000
77,029,746
77,029,746
6.0%
25
65% 50,069,335
35% 26,960,411
3,916,760
Construction
Year -2
Year -1
-26,960
Cap Rate
Year 2
Operations
Year 3
Year 4
Year 5
0
0
5,999
-3,917
7,354
-3,917
7,520
-3,917
8,167
-3,917
-26,960
0
2,082
3,437
3,603
4,250
8,704
-3,917
96,712
-45,028
56,471
1.53
1.88
1.92
2.09
2.22
9%
DSCR
IRR (Leveraged)
Year 1
19.01%
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Art Factory Hotels
Proposal
30 cities for Art Factory Hotels
1. New York
2. Boston
3. Washington DC
4. Miami
5. Chicago
6. Toronto
7. New Orleans
8. Austin
9. Vancouver
10. San Francisco
11. Los Angeles
12. Shanghai
13. Beijing
14. Hong Kong
15. Singapore
16. Sydney
17. London
18. Paris
19. Berlin
20. Rome
21. Amsterdam
22. Barcelona
23. Sao Paulo
24. Tokyo
25. Dubai
26. Tel Aviv
27. Seoul
28. Oslo
29. Copenhagen
30. St. Petersburg
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Art Factory Hotels
Proposal
Global map of 30 cities for Art Factory
Hotels
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Art Factory Hotels Proposal
Team Members
President and CEO of Destination Hotel Partners, LLC a global hotel development
company specializing in hotels, resorts, and mixed-use development. Vice Chairman CEO of China
Topsun Hotels International Group Ltd., a Chinese based joint venture hotel development company.
Vice Chairman CEO of Goldstone Hospitality Group LLC, a New York based joint venture hotel
development company.
James Bates has a long and successful track record in the hospitality industry for over
35 years. His innovative and dynamic approach to building brands, developing new product and
Destination
Hotel Partners,
LLC,
executing excellent return on investment makes him a sought after expert in the market. Mr. Bates
has held senior management positions with Hilton Hotels, Canadian Pacific, Best Western
International, Hampshire Hotels and Resorts, Helmsley Hotels, Boutique Hotels & Resorts
James C. Bates, International as well as several independent properties and projects.
President &
Mr. Bates began his career in Beverly Hills, California at the Beverly Hills Hotel,
CEO
Beverly Wilshire Hotel, and The Beverly Hilton Hotel.
James Bates has served on several advisory boards including: Travel Industry
Association of America, Pow Wow Planning Committee, World Travel Mart, ITB Berlin, Luxury Travel
Expo, Best Western International EMAC Committee, Choice Hotels, Cendant Preferred Partners
Committee, NYSAE We Love New York Day Chairman and NYSAE Chairman Associates
Committee, Hotel Sales & Marketing Association International and Leading Hotels of The World
Marketing Advisory Committee. Mr. Bates has served on numerous Convention and Visitors
Bureaus Boards of Directors and advisory boards worldwide; and has participated on numerous
panels and guest speaking engagements worldwide including NAFEO Conference, Nixon Peabody
IPED Conference and White House Initiative on HCBU’s, and Shangri La Asia Conference.
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Art Factory Hotels Proposal
Team Members
Thomas Campiglia,
Architect
Mr. Campiglia is an established member of the American Institute
of Architects, A fellow of the Frank Lloyd Wright Foundation, certified
member of the National Architectural Review Board and is licensed to
practice Architecture in New York, New Jersey, Connecticut and
California.
He has worked as a Senior Architect for the international firm of
Ellerbe Becket Architects. He maintains his practice as President of TCA
Architecture, a professional Architectural Administrative Practice in New
York City.
Currently Mr. Campiglia is a consultant to Destination Hotels
Partners, LLC, Lawyers Inns LLC, Canyon / Agassi, Columbia University,
Emblem Health Insurance, Mercy College and Ann Taylor Corporation.
He has extensive experience in both building renovation and new
construction, and has developed designs for Beaver Creek Ski Resort in
Colorado, Woodlands Inn in Houston Texas, Kiahuna Village in Kawai,
Hawaii, Squaw Valley and various resorts.
Mr. Campiglia has received awards for his work with the New York
City Center for Abused Children for the design of Brooklyn Children’s
Advocacy Center, a Merit Award for the Museum of Santa Barbara
Design Competition and recently received the Albert Meiniker Award for
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the design of a room for a child with spastic quadriplegia.
Art Factory Hotels Proposal
Team Members
Gary Jacobs
With 30 years of experience in operating and designing
kitchens, bars, concessions and serveries across the country, in the
Caribbean and Europe, Gary Jacobs has a long history of
addressing both the pre- and post construction demands of all
levels of foodservice operations. In designing a facility, he is as
concerned with first cost, fit and flow as he is with durability,
adaptability and ease of long term maintenance. With a long and
distinguished list of clients that he has built over the years, Gary has
been able to learn from the best, and has identified the elements
common to all successful operations.
Among the designers and architects he has collaborated
with are Rockwell Group, Jeffrey Beers International, Bogdanow
Partners, Ten Arquitectos, Costas Kondylis & Partners and Yabu
Pushelberg.
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Art Factory Hotels Proposal
Team Members
Allen Ostroff
Allen Ostroff has over 25 years of experience as the
Managing Director of Prudential Insurance Company’s Realty Group
and Prudential Securities where he provided a wealth of experience
in structuring acquisitions, development, and asset and financial
management. He created a $3.6 billion hotel equity portfolio and a $1
billion shopping center portfolio.
His expertise and successes in overseeing investments and
operations in 4-5 star hotels representing 30,000 rooms and 175
restaurants adds significant management depth and focus on the
core issues of control, efficiency, and value maximization. Mr.
Ostroff knows the hotel business trade, having led the key due
diligence process and financial structuring in over 200
acquisitions. Prior to joining Prudential, Mr. Ostroff served as the
General Manager of the 2,000 plus room New York Hilton,
Operations Manager at New York’s famed Waldorf Astoria, and
Group Vice President of Americana Hotels.
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Art Factory Hotels Proposal
Strategic Partners
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





Horwath HTL - Hospitality Consultant
Tihany Design - Interior Design
JP Morgan Chase - International Bank
Ernst & Young - Accounting
Norton Rose LLP- Legal
Jacobs, Doland & Beer - Food Service Design
Hotel Dynamics, LLC - Owners Representative
Buy China Direct - FF& E Consultant
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Art Factory Hotels Proposal
Strategic Partners
Horwath HTL
Horwath HTL is the largest specialist consulting network in this sector, with
50 offices in 39 countries. Our unrivalled global reach is matched by a unique depth
of knowledge and experience gained from thousands of projects over many years,
in all kinds of economic climates.
We remain the number one choice for hotel and real estate companies, as
well as financial institutions looking to invest in the industry. Whatever and wherever
your project, we offer the reassurance of an internationally consistent quality of
service combined with local solutions.
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Art Factory Hotels Proposal
Strategic Partners
Tihany Design | Adam D. Tihany
Adam D. Tihany is widely regarded as one of the world’s preeminent hospitality designers. His sophisticated,
often groundbreaking designs are the result, in part, of his unique global perspective.
Recognized for his design versatility, Tihany has conceived innovative restaurant concepts in many of the
world's most cosmopolitan cities and exclusive resorts. His more significant projects include the signature C
restaurant for chef Charlie Trotter at the One&Only Palmilla resort in Cabo San Lucas, the restaurant and bar at the
Mandarin Oriental Hyde Park in London, the Aleph hotel in Rome (winner of the 2003 European Hotel Design Award),
the historic King David and the Dan Eilat hotels in his native Israel, and, for the Maccioni family, Le Cirque in Las
Vegas and Mexico City, and Osteria del Circo in New York and Las Vegas. Tihany's retail projects include Fred
Leighton, the Madison Avenue jeweler. His first major architectural commission, Hangar One, a private aviation club in
Scottsdale, Arizona, took off in 2003. Over the years, Tihany has collaborated with select manufacturers, such as
Christofle, Frette and McGuire, to create products of contemporary elegant design. He has curated and designed two
major exhibits in conjunction with the Milan Furniture Fair: In April 2004, his interactive Dining Design explored the
cultural phenomenon of restaurant design; his Grand Hotel Salone in 2002 simulated a boutique hotel lobby. Tihany's
outstanding contribution to the world of design has been recognized with numerous honors and awards including an
Honorary Doctorate from the New York School of Interior Design. He was named Bon Appetit's Designer of the Year
in 2001, and was inducted into the Interior Design Hall of Fame in 1991. His monograph, Tihany Design, was
published by Monacelli Press in 1999. Tihany Style will be published by Mondadori Electa in May 2004.
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Art Factory Hotels Proposal
Strategic Partners
JP Morgan Chase
JPMorgan Chase is one of the oldest financial institutions in the United States.
With a history dating back over 200 years, here's where we stand today:

We are a leading global financial services firm with assets of $2.3 trillion.

We operate in more than 60 countries.

We have more than 240,000 employees.

We serve millions of consumers, small businesses and many of the world's most
prominent corporate, institutional and government clients.

We are a leader in investment banking, financial services for consumers, small
business and commercial banking, financial transaction processing, asset
management and private equity.

Our stock is a component of the Dow Jones Industrial Average.
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Art Factory Hotels Proposal
Strategic Partners
Ernst & Young
Ernst & Young is a global leader in assurance, tax, transactions, and
advisory service. Our 167,000 people are united by our shared values, which
inspire our people worldwide and guide them to do the right thing, and our
commitment to quality, which is embedded in who we are and everything we do.
Ernst & Young is committed to doing its part in building a better working world
for our people, for our clients and for our communities.
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Art Factory Hotels Proposal
Strategic Partners
Norton Rose LLP
Norton Rose is a leading international legal practice. We offer a full business law
service to many of the world’s pre-eminent financial institutions and corporations from
offices in Europe, Asia, Australia, Canada, Africa, the Middle East, Latin America and
Central Asia. Knowing how our clients’ businesses work and understanding what drives
their industries is fundamental to us. Our lawyers share industry knowledge and sector
expertise across borders, enabling us to support our clients anywhere in the world. We
are strong in financial institutions; energy; infrastructure, mining and commodities;
transport; technology and innovation; and pharmaceuticals and life sciences.
On June 1, 2013 Norton Rose will join forces with leading U.S. law firm Fulbright &
Jaworski L.L.P. to form Norton Rose Fulbright. With 3800 lawyers and 54 offices,
including 11 in the USA, Norton Rose Fulbright will be one of the largest global legal
practices, with significant depth of expertise in the world’s leading business and financial
centers.
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Art Factory Hotels Proposal
Strategic Partners
Jacobs, Doland &Beer
Jacobs, Doland &Beer is a New York City based foodservice design firm
specializing in the planning and construction of all segments of commercial
foodservice and hospitality venues, both across the U.S. and overseas.
Jacobs, Doland &Beer specializes in developing back- and front- of house
foodservice solutions. Since one cannot thrive without the other, we use an integrated
approach to foodservice design to bring our clients’ concepts to life. We strive to meet
our clients’ needs - timelines, budgets, foodservice program sustainability - without
sacrificing the quality of the end result, whether designing retail operations or high-
throughput production kitchens. From initial concept development, through design and
implementation, Jacobs, Doland &Beer design specialists work closely with owners,
chefs, architects and engineers through all phases of new construction and renovation
projects.
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Art Factory Hotels Proposal
Strategic Partners
Hotel Dynamics, LLC
Hotel Dynamics represents the hospitality industry's top experts in asset
management, financing, owner's representation and construction management.
Hotel Dynamics will strive to maximize the value of your asset and capital through
extensive due diligence for acquisition, rebranding and repositioning, property
renovation, new construction and asset management.
Our Team will bring unmatched expertise to all phases of the asset's lifecycle
for a wide array of clients. The process starts with conducting due diligence that will
enable asset owners to make the right acquisition or development decisions. We
then transition our skills to managing the asset and formulating a plan to reposition
the asset for long-term profitability. In the event that the repositioning decision
includes any form of construction or brand PIP, we can seamlessly plan and
implement the construction and renovations.
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Art Factory Hotels Proposal
Strategic Partners
Buy China Direct
BCD is a multinational company based in Guangzhou, China with offices in US, Central
America, and independent agents in South America, South Africa and Australia. Our company
objective is to be the leading world wide building materials supply chain by providing factory
direct materials straight to the developers' door steps at tremendous savings.
We specialize in
interior finishes and decorative building materials ranging from kitchen cabinets, bathroom
vanities, tubs, toilets, showers, taps and faucets, doors, windows, ceramic, porcelain, glass and
stone tiles to wood flooring and other decorative essentials.
We aim to give our clients the competitive advantage in todays ever difficult market by
adding a global perspective and allowing small to mid size companies to order direct from the
factories. We are your partners from the moment we start to work together. We provide
manufacturing, sourcing, QC, CAD design and other logistic services direct to your doors step.
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