- No actual operator bids, hotel financial statements, executed management agreements or property-level outcomes were supplied; the document is an evaluation framework, not a completed supplier ranking.
- The weights, evidence-coverage requirement and decision thresholds have not been back-tested against boutique hotel appointments or investment outcomes. Pilot the method on completed and live decisions before describing it as predictive.
- No licensed boutique-specific occupancy, ADR, RevPAR, channel-cost or operating-margin dataset was available. A live application requires authorized local comparables and clear data-use permissions.
- No property location was specified, so zoning, fire safety, accessibility remediation, employment rules, hotel licensing, lodging taxes and reassessment exposure remain jurisdiction-specific diligence tasks.
- Actual insurance quotations, technical surveys, contractor bids, PIPs, lender covenants and capital commitments are needed to score capital adequacy and downside liquidity.
- The soft-brand module needs current property-specific FDDs or membership agreements, full fee schedules, required works and evidence supporting incremental demand.
- Public recruiting and podcast material supplies useful diligence questions but cannot establish staffing availability, execution capacity or achieved operator performance.
- Several official or supplier pages were available through indexed text despite direct-fetch restrictions or redirects. Archive permitted source copies and confirm controlling documents during a live engagement.
- A production workbook should add tested fee-waterfall calculations, restricted-reserve roll-forwards, monthly cash modeling, evidence-ledger fields, version control and scoring sensitivity analysis.
- 5 source URL(s) in this document had restricted retrieval, minimal extractable text or no separate current recheck; source-status labels identify them. Obtain controlling documents or direct confirmation before a transaction-specific use.
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