Taj Boston Hotel

Boston, MA

Highest And Best Use Analysis Of 273 room Taj Boston Hotel

The Client

Taj Hotels Resorts and Palaces a subsidiary of the India-based Tata Group

The Mandate

Highest and best use analysis that considered options for partial residential and retail conversion of the iconic Taj Boston Hotel formerly known as the Ritz-Carlton Boston

The Results
  • Investment analysis focusing on conversion costs, and alternate profitability scenarios that analyzed various options of partial residential and retail conversion of the existing 273 room hotel
  • LW Hospitality Advisors® collaborated with a prominent Boston real estate expert to conduct the highest and best use analysis
  • Prepared a comprehensive written report summarizing our findings and conclusions within 21 days of retention
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