InsightsHow to Choose a Hospitality Consultant
Hotel Development Advisory

How to Choose a Hospitality Consultant for a Luxury Hotel Development

Kerim Basaran

Founder & Principal, KBHC International

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Choosing a hospitality consultant for a luxury hotel development is an owner decision, not simply a procurement exercise. The right advisor should help ownership define the question, test the commercial and operational assumptions, identify the decisions that carry the greatest risk, and provide clear judgement before those decisions become expensive to change.

A practical selection process should test six things: the quality of the brief, relevant operating and development experience, who will actually do the work, the comparability of previous assignments, the consultant's ability to challenge assumptions, and the commercial fit between the scope and the fee.

The framework below is intended for hotel owners, investors and developers assessing a new luxury hotel, resort, mixed-use hospitality project or major repositioning.

Start With the Owner's Decision, Not the Shortlist

Before you speak to a single consultant, be clear about what you actually need. Most developers approach this backwards. They identify a shortlist of consultants and then ask them what they can do. That is backwards.

Write down what a successful engagement looks like in 12 months. That clarity will help you evaluate whether a consultant is the right fit for your specific project and timeline.

The brief may concern whether to proceed with a development, how to position the asset, which operator or brand route to pursue, how to structure the F&B proposition, or whether an existing asset requires repositioning. A consultant cannot be evaluated properly until the decision, constraints and expected output are clear.

Test Relevant Operating and Development Experience

The luxury hotel sector is full of people who have spent their careers advising on hotel projects without ever having run one. That is a meaningful gap.

I spent over two decades in operational and strategic roles across five-star properties. That experience shapes how I approach advisory work because I understand what operators are optimising for, what the constraints actually are, and where owner and operator interests diverge.

When evaluating a consultant, ask: what did they actually build, manage or lead before they started advising? The answer matters.

Relevance matters more than the number of logos in a presentation. Ask whether the experience relates to the asset type, market, ownership structure, project phase and decision now in front of you.

Understand Who Will Do the Work

This is a question that gets asked too rarely. Many consultancies win mandates on the strength of a partner's reputation, then deploy a junior team member to do the actual work.

Be direct about this in conversations. Ask who will be in the room, who will write the reports, who will be available when you need a decision made quickly. The quality of the engagement depends on the quality of the people doing the work.

Confirm who will lead the work, who will attend key meetings, who will prepare the analysis, who will challenge operator or specialist inputs, and who will remain accountable when a decision is time-sensitive.

Compare Like-for-Like Projects and Ownership Contexts

Reference projects are only useful if they are genuinely comparable to yours. A consultant's experience with a 500-key resort in Southeast Asia may not be relevant to your 80-key luxury property in a European city centre.

Look for specific project types, specific ownership structures, and specific markets. Ask detailed questions about what went well and what they would do differently.

Ask what the advisor's role actually was on each reference project. Distinguish between direct owner-side representation, operator employment, specialist input, brand support and general project association. Those roles are not interchangeable.

Evaluate How They Think, Not Just What They Know

The most valuable thing a consultant brings is a quality of thinking that the owner does not already have in-house. Knowledge is useful. Thinking is transformative.

In early conversations, pay attention to whether the consultant asks good questions. Do they understand your specific constraints? Are they testing assumptions or simply confirming what you already believe?

A useful first conversation should produce sharper questions, not only reassuring answers. Ask what the consultant would need to verify before supporting the recommendation and which assumptions could materially change the decision.

Understand Scope, Outputs and Decision Points

Ask what the engagement will produce and when ownership will receive it. Outputs may include a decision brief, market or feasibility assessment, operator comparison, concept review, development input, readiness review or performance diagnosis. The scope should identify the decisions to be made, the evidence required, the meetings that matter and the points at which ownership can approve, challenge or revise the recommendation.

Evaluate Fees Against Risk and Value

The cheapest option is not necessarily the most cost-effective one. Compare the fee with the value of the decision being supported, the cost of delay or rework, and the consequences of proceeding on weak assumptions. Avoid using a precise financial consequence unless it is supported by the project evidence.

KBHC International works with a small number of clients at any given time. That model allows us to bring full attention to each engagement and to deliver the quality of thinking that makes a difference.

A Practical Selection Checklist

Before appointing a hospitality consultant, confirm that you can answer yes to the following:

  • Is the owner decision clearly defined?
  • Is the advisor's relevant experience specific and verifiable?
  • Is it clear who will do the work?
  • Does the advisor understand the asset, market and ownership context?
  • Will the work test assumptions rather than simply confirm them?
  • Are the outputs, decision points and responsibilities clear?
  • Is the fee proportionate to the decision and risk involved?

If several answers are unclear, the appointment process is not ready to move to final selection.

Need an independent view before appointing an advisor or operator?

If you are defining a luxury hotel, resort or mixed-use hospitality project and want to test the brief, decision structure or advisory route from the owner's perspective, start a conversation with KBHC International.

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