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Town of Ashland·Virginia

Qualifications for Consultants to Conduct a Hotel Feasibility Study for the Town of Ashland

Closes 7/15/2026$30k – $80kRequest for Proposal
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Description

The Town of Ashland seeks a qualified consulting firm to conduct a comprehensive hotel feasibility study for selected sites within the town limits. The study will evaluate market demand, financial viability, site suitability, and potential development scenarios to attract quality hotel investment and support local economic growth. The contract will be awarded through a competitive negotiation process under Virginia procurement rules. • Perform market analysis to gauge demand for hotel rooms in the Ashland area. • Assess multiple potential sites, including zoning, infrastructure, and accessibility. • Deliver a detailed feasibility report with financial projections, risk assessment, and development recommendations. • Coordinate with town officials and stakeholders throughout the study. • Provide final presentation and supporting documentation for decision‑making.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Bernadette Cornelius(Buyer)

Key dates

Opened
6/15/2026
Closes
7/15/2026
Duration
3 months

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
RFP-122470

Budget estimate

$30,000 – $80,000

A hotel feasibility study typically ranges from $30,000 to $80,000 depending on the number of sites examined, depth of market analysis, and level of detail required in the final report. Small‑town projects often budget around $40‑50 k for a comprehensive study, while more extensive multi‑site analyses can approach $80 k.

AI estimate from the solicitation

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