W Retreat & SPA – Bali, Indonesia
Office: Horwath HTL Singapore
Category: Hotel Planning & Development – Feasibility Study
Project Overview: Horwath HTL was engaged as an independent consultant to conduct market research and feasibility study for a proposed hotel located in the trendy enclave of Seminyak where designer boutiques, eclectic galleries, concept restaurants, chic cocktail bars and clubs predominate here.
Horwath HTL Solution: Our team provided a full Feasibility Study with estimation of the future operating performance, cash flows and the economic value of W Retreat & Spa Bali. The projections were on the basis that the hotel would be operated and branded under Starwood’s top-tier brand W Hotels.
Implementation: W Retreat & Spa Bali-Seminyak opened in March 2011, marking the debut of W Hotels Worldwide in Bali, Indonesia. The Hotel features 229 guestrooms, eight Food & Beverage outlets and conference facilities.