Feasibility Study of Resort Hotel – Razlog, Bulgaria
Office: Horwath HTL UK
Category: Hotel Market and Feasibility Study, Operator Selection
Scope of work: Hotel feasibility study for a resort.
Project Overview: Feasibility study and operator selection for a 180-room spa hotel project in Razlog, Bulgaris. The area is an emerging mountain resort with long established SPA tradition based on local thermal waters. Horwath HTL UK prepared a market and hotel feasibility study, and selected an operator on behalf of the owner.
Project Status: Assignment completed successfully. The project was later mothballed as a result of the global financial crisis.