Hmm...interesting. You are in a tough spot possibly. How many of your project team is well trained (actual project experience with Revit)?
If the answer is none, I would say this is going to be very challenging (not to scare you). Usually, you want your first pilot project to be an opportunity to have some schedule flexibility. That being said, this can be done.
The main thing you need to remember is that the benefit of Revit IS the 3D model. If you take a lot of short cuts, it will end up costing you time in the long run, in most cases. I would anticipate needing to model out all of the floor plan items that they hotel client sends you (i.e. room layouts, lobby layouts, etc.) You won't be importing in the CAD file for this.
However, if I understand you correctly, there may even be some standard details etc. that they will send or that you already have on other projects. It is not the end of the world to "Link" a CAD file into Revit and just use it that way for your detail in a drafting view. You can then create tags that would reference that drafting view so all your view number/naming would be coordinated. AVOID a hybrid approach at all cost. What I mean is, don't issue some sheets using AutoCAD and some with Revit. It should all be Revit, and you can Link CAD details into Revit as needed.
That being said, I would suggest trying to convert the details to revit, even if it's just all lines to start with. There are a few benefits to this:
1) Your drawings will look more consistent
2) Dimensions and text almost always look and do screwy things when you link a CAD file (at least in Revit 2010).
3) Having to go back and forth between CAD and Revit to modify a detail is a pain in the rear end. Again, it sort of defeats the purpose of using Revit, having everything in the same file, but I have done this and it's not out of the question.
If you do decide you want to recreate the details in Revit, here is the basic process:
1) Do NOT import the CAD file into the actual project. Create a dummy project, with a drafting view in it, and import there.
2) Once you import the CAD file, do a partial explode to it. This should convert all the lines within the CAD file to Revit lines, hatches to filled regions, etc.
3) This is the important part. Revit will create new line types, line styles, filled regions, etc. with names based on the layer names within the detail. So, what you can now do, is do a "select all instances" of a particular line type, and change it to something that you actually use within Revit. We have all of our lines set up as LW01, LW02, etc...
4) Usually text (particularly the leaders) and dimensions need to be deleted and redone, which takes the majority of the time.
5) Once all your lines are of types that are "regular", copy the detail into your actual project. This will help keep the project from having a bunch on unecessary import line types, etc. and keep things much more clean in the project environment.
Remember that this process does take a little more time, but if you can do this, it will save you headaches down the road. The only other benefit to having the details in CAD and LINKED into Revit is that your project team can be more diverse (some Revit people, some CAD people).
Hope this helps.