Sport, leisure and hospitality


The leisure and hospitality sector is characterised by having three main parties within any capital project, the developer, operator and investor. Each member of the team has a new set of pressures brought on by the recent global economic climate:

  • Developers: Reduced access to capital meaning that initiating schemes and achieving viability has become more challenging
  • Operators: Increased need for operational efficiencies and a greater demand to maintain global brand standards. These place new constraints upon the developments, further reducing viability: Increased need for operational efficiencies and a greater demand to maintain global brand standards. These place new constraints upon the developments, further reducing viability
  • Investors: Increasingly more risk averse

With this background, we are helping the sports, leisure and hospitality sector to find more ways to drive greater efficiencies into their schemes.

"Turner & Townsend's contribution to the cost planning and tender negotiations helped Meridien to achieve value for money, whilst maintaining the client and quality requirements of the Port of Airlie development. Turner & Townsend service was good value for money and they demonstrated a willingness to help us achieve our objectives on a unique project."

Meridien
 

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