Hospitality: Using the Development Overview Sheet

This sheet allows you to present Recent Hotel Openings, Hotels Under Construction, and Hotels in the Initial Planning and Final Planning stages. This sheet is optional and is not needed for setup. It is also important to note that this information can come from multiple sources (STR, Chamber of Commerce, Brokers, etc.)

Table of Contents

Prerequisites


How-to Guide

Step 1: Access the Development Overview with Projections sheet by selecting NEWDEV from the bottom menu.
Step 2: Complete the Recent Hotel Openings/Conversions table

This table is for manual entry

Step 3: Add an overall summary of your Recent Hotel Developments

Step 4: Repeat this process for the additional tables

  • Hotel Development Under Construction
  • Hotel Development Initial Planning
  • Hotel Development Final Planning

Step 5: Review and complete the New Development by Submarket table

Enter the Submarket names and the % Market value for each of your submarkets.

Step 4: Add these tables to your Report. 

If these tables are not already in your Report, use the names below each table to insert them using the Insert Link feature in the Valcre Ribbon. 

  • HMA_Openings
  • HMA_Construction
  • HMA_Planning
  • HMA_FinalPlan
  • HMA_NewDev

 

Once you have completed all the necessary information in the Development Overview sheet, you can move on to the Demand Driver Statistics sheet for the Hospitality Workbook.


 

Additional Questions?  Valcre Support is ready to help with all your Valcre product questions! You can connect to us via phone, email, or chat! 

 

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