Building Value Through Expertise

PROGRAM & PROJECT MANAGEMENT

HOSPITALITY

C O S T M A N A G E M E N T & E S T I M AT I N G

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REPRESENTATIVE CLIENTS

WHO WE ARE

400-PERSON, MULTI-FACETED CONSULTING FIRM

PROACTIVE PROBLEM SOLVERS

FOCUSED ON ADDING VALUE

SPECIALISTS IN HOSPITALITY

EXPERIENCE WITH NEARLY EVERY MAJOR BRAND

25 OFFICES WORLDWIDE

Established in 1996 as a project and cost management company, Cumming has evolved into a 400-person, multi-faceted consulting firm focused on adding value at every step of a project’s development.

Since day one, Cumming has specialized in hospitality. As a result of this focus, and because of our exceptional management skills, we have amassed a portfolio of experience comparable to any firm in our industry. This experience includes projects for nearly every major hotel owner and brand, and places Cumming among the most successful firms in the hospitality sector.

Our large hospitality-focused team includes program and project managers, cost managers and quantity surveyors, as well as specialists in program and project controls, energy services, and dispute resolution and avoidance. These individuals are spread across 25 offices and stand ready to support projects anywhere in the world.

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PredictMarket Shifts

ManageRisk

Control &Manage Costs

Guide Design& Construction

CreateEfficiencies

Protect & Empower Our

Clients

Anticipate & Avoid Problems

DRIVERESULTS

Change is one of the few constants in today’s building climate. New delivery methods are routinely explored, labor and material costs are in flux due to macro- and micro-level market shifts, and owners’ needs are continuously evolving as communities and organizations seek to implement new building initiatives. Cumming continuously anticipates trends and we work hard to adjust our services to meet our clients’ immediate and long-term needs. Cumming is a dynamic, adaptable consulting firm that has evolved over the years in direct response to the needs of our clients. We actively look for ways to provide additional value to the organizations and projects we serve.

PROGRAM & PROJECT MANAGEMENT

Cumming offers fully integrated project management services throughout design and construction; we represent the owner by providing the technical expertise, leadership, and resources needed to drive the process and motivate teams to achieve successful project outcomes. We do this by first understanding the client’s vision and then efficiently and collaboratively shepherding the process and team to achieve their goals. All projects have multiple moving parts; the importance of controlling these various components is critical. Our project managers provide continuity and consistency by developing and maintaining budgets and schedules, offering value engineering options, and mitigating risk.

COST MANAGEMENT & ESTIMATING

At Cumming, our cost management team is an integral part of every one of our assignments. Controlling cost is an essential ingredient to the success of any project, and it starts with knowing the total cost of the project as early as possible in the development process. This is why we develop comprehensive project budgets at the outset, and then closely monitor these budgets as the project progresses. Our diligent approach provides clients with up-to-date information along with the opportunity to maximize their return on investment.

Cumming’s cost management group, which is one of the largest providers of cost estimating and management services in the United States, works on more than 300 projects per month. This experience gives us an unparalleled volume of industry knowledge, which we use to provide unbiased, detailed, and critical analyses of our clients’ project costs and risks.

FROM PRE-CONSTRUCTION BUDGETING TO OVERALL PROJECT AND COST

MANAGEMENT THROUGH ALL PHASES OF DEVELOPMENT, CUMMING OFFERS

A SUITE OF SERVICES THAT GUIDE OUR CLIENTS’ PROJECTS FROM START TO FINISH

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OUR SERVICES

Cumming’s reputation in the hospitality sector is based on our understanding of our clients’ needs, our proactive approach to meeting those needs, and our ability to efficiently staff projects with highly skilled professionals.

The following table outlines our full suite of services and reflects our unique ability to

offer not only comprehensive project and cost management, but also à la carte services at any stage of project development. This approach—mixing custom flexibility with the full capabilities of our company—ensures that our clients are getting exactly the services they need and want, exactly when they need and want them.

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OUR SERVICES

COMPREHENSIVE, INTEGRATED SERVICES

PLANNING DESIGN CONSTRUCTION CLOSE-OUT / POST CONSTRUCTION

Program, Project & Construction Management

o Master scheduling/budgeting

o Project scope development

o CAPEX & feasibility studies

o Entitlementso Project delivery consultingo Consultant procurement

o Design criteria development

o Design managemento Sustainability

consultingo Constructability

reviewso Value analysiso Risk management

o Bid facilitationo Change managemento Quality assuranceo Contract administrationo QA/QC status meetingso Schedule management

o F.F.E. coordinationo Punchlist facilitationo Move managemento Lessons learned

Cost Management & Estimating

o Market studieso Feasibility analysiso Target cost modelingo Detailed project budgetingo Contingency analysis

o Life cycle cost analysiso Sustainability cost

analysiso Quantity takeoffso Milestone estimating

o Bid reviewo GMP negotiationo Continuous cost

managemento Change order reviewso Payment application

reviews

o Final change order approvals

o Cost segregationo Final payment reviewso Benchmarking

Program & Project Controls

o Controls systems designo Controls systems

integrationo Processes & procedureso Budget forecastingo Team communications

o Design status reporting

o Budget monitoringo Milestone scheduling

o Cash flow monitoringo Cash flow reportingo Earned value reportingo Document controlso Cost controlso Schedule controls

o Closeout reportingo Document archivingo Financial closeout

Specialty Services

o Energy audits/modelingo ADA accessibilityo Risk analysis

o Commissioningo Performance

assessmento LEED facilitation

o Project monitoringo Lender serviceso Labor productivity

analysiso Claims analysis

o Best practiceso Project & cost auditingo Claims critique &

preparationo Neutral settlement

facilitationo Expert witness/testimony

Caesars PalaceLas Vegas, NV

OUR EXPERIENCE

Aulani Disney Resort Ko’Olina, HI

Southern Sun Hotel Abu Dhabi, UAE

Baccarat Hotel & ResidencesNew York, NY

The Modern HotelHonolulu, HI

The London EditionLondon, England

Hilton McLean McLean, VA

Hotel Del Coronado San Diego, CA

Wildwood Lodge Snowmass Village, CO

The Four SeasonsNew York, NY

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PROJECT LOCATION VALUE

Margaritaville Hollywood Beach Resort Hollywood Beach, FL $187 million

Caesars Palace Masterplan Las Vegas, NV $600 million

Hyatt Regency Maui Resort & Spa Maui, HI $165 million

The Ritz-Carlton Kapalua Maui, HI $300 million

Westin Ka’anapali Ocean Resort Maui, HI $309 million

San Francisco Courtyard Marriott San Francisco, CA $51 million

Marriott’s Grand Chateau Las Vegas $550+ million

W Hotel Times Square New York, NY $80+ million

Marriott’s Newport Coast Villas Newport Beach, CA $400 million

Newport Beach Marriott Hotel Newport Beach, CA $60 million

The Waldorf Astoria Bonnet Creek Orlando, FL $500 million

Shadow Ridge Resort Palm Desert, CA $300+ million

The Modern Hotel Waikiki Waikiki Honolulu, HI $250 million

Hilton San Diego Convention Hotel San Diego, CA $335 million

Wyndham Rio Mar Beach Resort San Juan, Puerto Rico $50 million

St. Louis Renaissance Hotel St. Louis, MO $24 million

West 57th Street by Hiltion Club New York, NY $90 million

Westin Kierland Scottsdale, AZ

Hilton Los Cabos Resort Los Cabos, Mexico

The Westin Snowmass ResortSnowmass Village, CO

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OUR EXPERIENCE

Cumming’s project managers were exceptional. They were proactive in representing our interests while efficiently leading the design

and construction teams. We had excellent results and would highly recommend them to anyone with a development project.

— BALBOA BAY CLUB