Salem Civicplus #RFP 2026-009

Consulting Services for Hotel Market Study and Feasibility Analysis – City of Salem, VA

The City of Salem, Virginia Purchasing Department is seeking consulting services for a comprehensive hotel market study and feasibility analysis. - Government Buyer: - City of Salem, Virginia Purchasing Department - Scope of Services: - Community-wide hotel market evaluation - Demand analysis for hotel accommodations - Competitive lodging supply assessment - Facility and site recommendations for hotel development - Financial feasibility analysis, including potential public financing mechanisms - Final written report, executive summary, oral presentation, and supporting data files - Products/Services Requested: - Hotel Market Study and Feasibility Analysis (consulting service) - Quantity: 1 engagement - Unique/Notable Requirements: - Experience with hotel market studies and hospitality feasibility analyses - Demonstrated history of public-sector consulting - Ability to provide references and a detailed methodology - Delivery of all final deliverables within 120-150 days from notice to proceed - No specific OEMs or product manufacturers are mentioned, as this is a service-based opportunity.

Description

The City of Salem, Virginia, is soliciting proposals for consulting services to conduct a comprehensive hotel market study and feasibility analysis. The study includes a community-wide market evaluation, demand analysis, facility and site recommendations, and a financial feasibility analysis for potential hotel development within the city. The selected consultant will assess market demand, evaluate competitive lodging supply, recommend optimal hotel types and locations, and analyze financial viability including potential public financing mechanisms. Deliverables include a final written report, executive summary, oral presentation, and supporting data files.

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