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Hotel feasibility, around RevPAR.

Limited-service, full-service and serviced apartments. ADR, occupancy and RevPAR drive the model. Not a residential project with a lobby.

  • Inputs7 blocks
  • Outputs8 metrics
  • CashflowMonthly
  • ScenariosPlanned

What this model does

Hotel feasibility, end to end.

Decide whether the keys justify the build at this site. RevPAR, GOP and operator fee drive the answer, with F&B sitting as its own revenue block.

Calculation flow05 steps
  1. 01

    Scheme

    Site area, GFA, key count, room mix and amenities captured.

  2. 02

    Cost stack

    Shell $/m², fit-out per key, F&B and contingency broken out.

  3. 03

    Stabilised GOP

    ADR and occupancy curve feed RevPAR; F&B and operator cost broken out.

  4. 04

    Exit value

    Cap rate applied to stabilised GOP for institutional exit.

  5. 05

    Returns

    Stabilised yield, RevPAR, GOP and operating ratio returned.

Schema

Every input. Every output. In one view.

The full hotel feasibility model schema. 7 input blocks feeding 8 output metrics, with the calculation engine in between.

Inputs07 blocks
  1. 01

    Site and keys

    Site areaGFAKey countRoom mixAmenities
  2. 02

    Land

    Land costStamp dutyAcquisition
  3. 03

    Construction

    Shell $/m²Fit-out per keyF&BContingency
  4. 04

    Operating cost

    Operator feeStaffF&B costOutgoings
  5. 05

    Revenue

    ADROccupancy curveRevPARF&B revenue
  6. 06

    Finance and exit

    LVRInterestCap rateExit value
  7. 07

    Programme

    ConstructionRamp-upStabilisationHold
Outputs08 metrics
Primary outputAt base case
Stabilised yield6.8%
MetricValue
  • RevPAR$248
  • Stabilised GOP$14.4M
  • Exit value$214.0M
  • Stabilised occupancy78%
  • Operating ratio62%
  • Development profit$32.4M
  • Equity IRR14.8%

Engine logic

Two engines. Scenarios and cashflow.

The two pieces that separate the hotel feasibility from a spreadsheet. Scenarios that share one project, and a monthly cashflow wired to every input.

Scenarios01 / 02

Multiple scenarios, one project

Switchable in a click. No copied files.

  1. 01

    Brand and operator fee as scenario levers.

  2. 02

    ADR, occupancy curve and F&B per scenario.

  3. 03

    Cap rate sensitivity on one project.

  4. 04

    Each scenario carries its own operating cost build-up.

Cashflow02 / 02

Monthly cashflow, fully connected

Every input touches the schedule.

  1. 01

    Cashflow runs through construction and ramp-up to stabilised RevPAR.

  2. 02

    Room and F&B revenue step up through the occupancy curve.

  3. 03

    Operator fee, brand fee and management as separate inputs.

  4. 04

    Exit value applied at the cap rate at stabilisation.

Excel replacement

Where the workbook quietly fails.

Every row is a recurring failure mode of the hotel feasibility spreadsheet, and how the model handles it once.

SpreadsheetPopurise model
  • 01Hotel modelled like apartments with a lobbyADR, occupancy and RevPAR as the design unit
  • 02F&B hidden in room revenueF&B revenue and cost as their own block
  • 03Operator fee as a flat percentageOperator fee, brand fee and management broken out

Use and verify

What it decides. What to check first.

The decisions the hotel feasibility is built to support, alongside the things to verify before you trust it on a live deal.

What it decidesUse cases
  1. 01

    Pick the brand

    Operator fee, brand fee and management as inputs. The margin reflects the brand.

  2. 02

    Tune the ramp-up

    Occupancy curve from opening to stabilised. RevPAR follows.

  3. 03

    Size the F&B

    F&B revenue and cost as their own block. Stop hiding it in the room rate.

  4. 04

    Pressure-test the cap rate

    Cap rate sensitivity in one place.

Pre-flight checklist05 checks
  • ADR, occupancy and RevPAR as the design unit.

  • F&B revenue and cost as their own block.

  • Operator fee, brand fee and management as separate inputs.

  • Ramp-up curve to stabilised, not a single year.

  • Cap rate sensitivity as a scenario.

Worth checking before you stake a live deal on the hotel feasibility.Register interest
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Questions

Hotel feasibility, answered.

How Popurise handles the hotel feasibility.

Is the hotel model live today?

Not yet. Popurise is live for residential. Hotel and accommodation is on the expansion roadmap.

How is RevPAR modelled?

From ADR and occupancy, with the occupancy curve as a real ramp-up input.

Does it handle F&B?

Yes. F&B revenue and cost live as their own block, not buried in room revenue.

What about serviced apartments?

Serviced apartments and full-service hotels are both in scope.

Shape hotel feasibility in Popurise.

Tell us how your team models this sector today. We are building it with the developers who will use it.