Hospitality Experience

Feasibility Study and Lodging Best-Use Analysis

Feasibility study and best-use analysis to determine the optimal approach for the accommodation component within a multipurpose complex.


Project Scope

Our team was engaged to conduct a feasibility study and best-use analysis for a client considering a hospitality development in a prime urban location. The objective was to assess the financial viability of the project and recommend the optimal use for the site, aligned with market demand and the client’s strategic goals.

The project commenced with a comprehensive market analysis, examining key factors such as regional demand drivers, competitor performance, and future trends in the hospitality sector. This analysis included demographic studies, tourism statistics, and an evaluation of the site’s accessibility and surrounding amenities.

Next, we developed multiple development scenarios, each incorporating different use concepts such as boutique hotels, mixed-use facilities, or serviced apartments. For each scenario, we conducted detailed financial modelling, estimating capital investment requirements, operating costs, and revenue projections. This allowed us to determine potential returns on investment and payback periods.

To refine our recommendations, we conducted a best-use analysis, balancing financial outcomes with broader considerations such as market positioning, environmental impact, and alignment with community needs. Stakeholder consultations were an integral part of this process, ensuring that the proposed development aligned with local regulations and community expectations.

The final deliverable was a comprehensive report that outlined the findings of the feasibility study and provided clear recommendations on the optimal development concept. This report included actionable insights, such as project phasing, risk mitigation strategies, and an implementation timeline.

By delivering a well-researched and actionable plan, we enabled the client to make an informed decision about their investment. This project highlighted our expertise in combining market insights, financial analysis, and strategic foresight to deliver impactful recommendations tailored to our client’s objectives.

Ospitalità
Strategia e pianificazione
Attività