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In luxury hospitality, cost doesn't spiral out of control on the job site — it's decided much earlier, in choices nobody yet calls "cost decisions." By the time the concrete is poured, four out of five dollars are already committed. Written from the owner's side by a project director with 25 years building luxury hotels across Tangier, Riyadh, Doha and Barcelona, Cost Management in Luxury Hotel Projects is the definitive, plain-language guide to controlling budget and CAPEX from feasibility to handover. Follow "the Model Project" — a 150-key ultra-luxury resort — as its full CAPEX is tracked chapter by chapter: land, hard and soft costs, FF&E, OS&E, pre-opening and operator fees, contingency and escalation. You will learn to: 53 original diagrams, real cost autopsies, ready-to-use checklists and two quantitative appendices turn method into practice. This book contains information and method, not financial, legal or investment advice.
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