
Hospitality Experience
Consulting for Adriatik Hotel & Residences
Our consultancy was engaged to provide comprehensive support for the development of the Adriatik Hotel & Residences, a landmark project aimed at enhancing luxury hospitality offerings in Durrës, Albania. The initiative sought to expand the existing Adriatik Hotel, a historic establishment originally built in 1957 and reopened as a five-star hotel in 2003, by integrating upscale residential units and modern amenities to create a premier destination for both tourists and residents.
Project Scope
Our consultancy was engaged to provide comprehensive support for the development of the Adriatik Hotel & Residences, a landmark project aimed at enhancing luxury hospitality offerings in Durrës, Albania. The initiative sought to expand the existing Adriatik Hotel, a historic establishment originally built in 1957 and reopened as a five-star hotel in 2003, by integrating upscale residential units and modern amenities to create a premier destination for both tourists and residents.
Our involvement commenced with a thorough feasibility study to assess the project’s viability. This included an in-depth analysis of market demand, competitive landscape, and regulatory requirements specific to the hospitality and residential sectors in Albania. We evaluated potential revenue streams, operational costs, and return on investment to ensure the project’s financial sustainability.
Collaborating closely with architects and designers, we contributed to the development of a master plan that harmoniously blended luxury accommodations with residential facilities. The design emphasized aesthetic excellence and functional efficiency, ensuring that the hotel and residences complemented each other while providing distinct experiences for guests and residents.
Navigating the complex regulatory environment was a critical component of our services. We liaised with governmental agencies to secure necessary permits and ensured compliance with all legal requirements pertaining to hotel operations and residential development. Our team provided guidance on best practices in sustainable development and implemented robust compliance frameworks to uphold the highest standards of integrity.
To support the project’s financial objectives, we developed detailed investment analyses and identified potential revenue streams. This involved crafting marketing strategies to position the Adriatik Hotel & Residences as a premier destination for luxury and comfort, highlighting its unique offerings and strategic location.
Throughout the development process, we facilitated partnerships with local businesses and international investors, fostering a collaborative environment that contributed to the project’s success. Our comprehensive approach ensured that the Adriatik Hotel & Residences not only met its development milestones but also set a new standard for luxury hospitality and residential living in the region.
By integrating modern amenities with the region’s cultural heritage, the Adriatik Hotel & Residences has emerged as a landmark destination, offering guests and residents a harmonious blend of comfort, elegance, and authenticity.
Project Location
Durres, Albania