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
