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Hospitality and Hotel Feasibility Studies
The decision to implement any new project must be based on a sound analysis. Our feasibility studies provide the process for this analysis and are considerable tools that assist the decision-makers wheter or not to establish a particular hospitality project.
The feasibility study usually includes following sections:
geographic, economic and demographic investigation of the proposed region and location
demand analysis with projections for next five years based on trends of different market segments in the area
supply analysis through strengts and weakness of competitive hotels and analysis of historical performance of competition
valuation of market position of the proposed alternative with expected average room rate and occupancy
estimation of revenues and costs concluded with profit and loss statement
possible site suggestions
cash flow projections for the project based on preliminary estimates of investment and planned financing.