In this episode of Hospitality Reinvented, Doug Radkey dives into one of the most vital yet often overlooked steps in launching a successful hospitality concept: the feasibility study.
Whether you’re planning a bar, restaurant, or hotel, a feasibility study lays the foundation for informed decision-making and long-term success.
Doug breaks down the key elements, including market analysis, site selection, financial projections, and competitive positioning.
He explains why skipping this step can lead to costly mistakes and how a thorough feasibility study can help secure funding, refine your concept, and align your vision with realistic outcomes.
Ready to take the first step toward launching your dream hospitality concept?
Book your spot in the next Start-Up Masterclass, hosted monthly by Doug Radkey and KRG Hospitality.
This hands-on session will equip you with the tools and insights to bring your vision to life.
Reserve your spot today: