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ITEM #: 1.
DATE: 01/22/2024

AI #:1732

 
CITY COUNCIL ACTION REPORT
 
SUBJECT: GOODYEAR AZ HOTEL & CONFERENCE CENTER MARKET & FINANCIAL FEASIBILITY STUDY
 
STAFF PRESENTER(S): Joseph Stewart, Business Development Manager

OTHER PRESENTER(S):

Rob Hunden, President & CEO Hunden Strategic Partners

Summary

Overview and recommendations of the recently completed Goodyear, Arizona Hotel & Conference Center Market & Financial Feasibility Study. (Joseph Stewart, Business Development Manager)

FISCAL IMPACT

There is no fiscal impact at this time.  Recommendations from the study may lead to additional council actions, which may have a fiscal impact.

BACKGROUND AND PREVIOUS ACTIONS

Staff issued RFP (C-0058-23) in February 2023 for consultant services to study the market feasibility of a hotel and conference center at GSQ. Hunden Strategic Partners was selected from a group of multiple applicants and initiated work in March 2023. The study was completed in August 2023.

STAFF ANALYSIS

Staff has reviewed the recommendations provided by the consultant and are seeking Council direction or feedback.

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