For a newly-built class A select service property, the going rate is about $10 million, give or take.
How can I give you a figure off the top of my head like that? It's because every new hotel is required to fully comply with the Americans with Disabilities Act. There are very few people who are able to travel at all, who cannot be accommodated, somehow, in any hotel built to current codes. And if one of those people calls ahead, we'll think of something.
Is every room in a hotel built to current codes fully accessible to people with disabilities? No. There's just not the demand. You would incur vastly increased construction and furnishings costs per room if you made every room in the hotel fully accessible, and for most people who show up, a standard hotel room is quite adequate.
How can I give you a figure off the top of my head like that? It's because every new hotel is required to fully comply with the Americans with Disabilities Act. There are very few people who are able to travel at all, who cannot be accommodated, somehow, in any hotel built to current codes. And if one of those people calls ahead, we'll think of something.
Is every room in a hotel built to current codes fully accessible to people with disabilities? No. There's just not the demand. You would incur vastly increased construction and furnishings costs per room if you made every room in the hotel fully accessible, and for most people who show up, a standard hotel room is quite adequate.
