The St. Regis Mauritius Resort – Le Morne, Mauritius
Office: Horwath HTL South Africa
Category: Market Analysis & Financial Feasibility Study
Project description: Our Client already owned two operating hotels in Mauritius when they approached us for the St. Regis Mauritius Resort project. When we were appointed, the project was already under construction on a site situated within close proximity to pristine beaches in the south west of Mauritius in close proximity to the new world heritage site in Le Morne.
Horwath HTL solution: The Client had approached a syndication of banks to provide approximately sixty percent of the funding required for the project. Horwath HTL’s South Africa-based office conducted a market demand analysis and financial feasibility study in order to provide the banking institutions further insight into the likely performance of the hotel development and therefore aid their decision with regard to extending debt financing to our Client.
Project status: The St. Regis Mauritius Resort commenced operations in 2012.