Emonika Feasibility Assessment
Between 2019 and 2021 we have prepared a market and financial feasibility study including highest-and best-use concept recommendations for the envisaged hotel component. This was followed by an update report as a result of the fundamentally different market perspectives induced by the Covid-19 Pandemic. Finally, we have also been tasked to explore the extended stay market in Ljubljana to provide guidance to the developer as to the alternative uses they could consider for some parts of the large-scale development.
Scope of Work:
Horwath HTL Hungary was tasked in various phases to first conduct a market and feasibility assessment of the hotel component of the large-scale mixed-use development in the centre of Ljubljana, followed by an extended stay/serviced residence market assessment to explore alternatives to the classic hotel function.
Status: Project Completed in 2019-2021