Hospitality Experience
Hotel & Branded Residences Investment Analysis
Horwath HTL Spain was instructed by the owners of the project as part of an internal review process during the completion phase of construction and the start of the sale of the branded residences.
Project Scope
Horwath HTL’s Spanish office completed a detailed study in accordance with RICS professional standards which involved a thorough analysis of the project’s potential using data on comparable projects both locally and internationally, prevailing and forecast market conditions. Key performance indicators such as ADR (average daily rate), occupancy rates, and residential sales prices were assessed, along with a focus on the impact of the branded residential component on the performance of the hotel and the positoning and revenue potential of the project as well as its value for ownership. Our comprehensive study provided critical insights for ownership to support future investment decisions related to the completion of the development.
Project Location
Albufeira, Portugal, Spain
