The Highland Group has done several feasibility studies in the past and we have always found their reports to be timely and accurate.
Several years ago they did a study for a Holiday Inn Express and Suites in the Mt Pleasant, SC area and now that the property has been operating for 5 years we are able to compare the projections of The Highland Group to the actual operating financials.
It is amazing that their projections for occupancy and rate are almost dead on with the actual, if anything, they were conservative.
Because of these results, we commissioned The Highland Group for another study on another hotel in the downtown Charleston area which is now under construction.
We get calls from folks that are interested in buying or building a hospitality property and without fail we recommend The Highland Group as the first step in the due diligence process.
They are timely, accurate and provide the most current information and recommendations on any type on hospitality property. As the owners of soon to be 4 hotels in Charleston SC, we would not use anyone else if we considering buying or building another property.