Cushman & Wakefield — Investor Presentation (May 2018)

4 slides from Cushman & Wakefield's investor presentation, May 2018

Slide 1: Focus on Hotel Construction Costs 2018
GLOBAL HOSPITALITY Focus on Hotel Construction Costs 2018 On a national basis, the current cycle of hotel development appears to have moved well beyond the peak of 2016. The number of hotel rooms under construction, as of January 2018, is 1.6% lower than the year prior. While new hotel development c
Slide 2: Hotel Construction Costs - based on 2017 data
GLOBAL HOSPITALITY Construction c ills SEPALS Construction Costs 2018 Hotel Const Costs - based on 2017 data Midscale woe Upscale een Luxury Land Min Per Room $10,000 $4,000 $5,000 $7,000 $17,000 Max Per Room $30,000 $103,000 $163,000 $212,000 $1,067,000 Average $20,000 $20,000 $30,000 $75,000 $195,
Slide 3: Focus on Hotel Construction Costs 2018
GLOBAL HOSPITALITY Focus on Hotel Construction Costs 2018 The data represents broad category ranges and should be used as a general guide only. The per-room data compiled by Cushman & Wakefield represents projects across the U.S. Specific amounts from project budgets are sometimes difficult to valid
Slide 4: Focus on Hotel Construction Costs 2018
GLOBAL HOSPITALITY Focus on Hotel Construction Costs 2018 We also include a category for Development Fee. More and more, we are seeing an allocation of the project budget directly to the development team. The fee accounts for the costs of the ground work and administering of the project, including p