| ITEM #: 1. DATE: 01/22/2024 AI #:1732 |
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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.
