23-0058 Feasibility Study and Market Analysis for Hotel and Conference Center

The City of Goodyear has awarded a contract to Hunden Strategic Partners for a feasibility study and market analysis of a potential hotel and conference center in Goodyear, Arizona. The study aims to assess the market demand and financial feasibility of the project, as well as its potential economic impact on the area. The contract includes a comprehensive analysis of the local market, including population demographics, economic trends, and competitive supply. The vendor will provide recommendations for the optimal mix of hotel rooms, meeting space, and amenities, as well as funding and partnering strategies. Some key points from the contract include: * The contract is for a feasibility study and market analysis of a potential hotel and conference center in Goodyear, Arizona. * The study will assess the market demand and financial feasibility of the project. * The vendor will provide recommendations for the optimal mix of hotel rooms, meeting space, and amenities. * The contract includes a comprehensive analysis of the local market, including population demographics, economic trends, and competitive supply. * The vendor will provide funding and partnering strategies for the project. * The contract has a duration of 1 year, with the option to renew for an additional 4 years.