
Hospitality Experience
Feasibility Study for Hotel des Salines, Operator & Investor Search
Horwath HTL was engaged to conduct a comprehensive feasibility study and manage the operator and investor search for the Hotel des Salines property, a 160,000 m² site with a rich tourism heritage that had remained unused for decades.
Project Scope
Horwath HTL was engaged to conduct a comprehensive feasibility study and manage the operator and investor search for the Hotel des Salines property, a 160,000 m² site with a rich tourism heritage that had remained unused for decades. The owners aimed to enhance the property’s value through a strategic development project, necessitating a thorough evaluation of its potential and the identification of suitable partners.
The engagement commenced with an in-depth feasibility study, assessing the property’s current condition, historical significance, and potential for redevelopment within the contemporary tourism market. This analysis included a detailed market study to understand demand drivers, competitive landscape, and target demographics. The study also evaluated regulatory considerations and the approval processes required for redevelopment, ensuring compliance with local and national guidelines.
Financial projections were developed to estimate potential revenues, operational costs, and return on investment, providing the owners with a clear understanding of the project’s viability. Sensitivity analyses were conducted to account for various market scenarios, ensuring robust financial planning.
Following the feasibility assessment, Horwath HTL initiated the search for a destination-building operator capable of revitalising the property in line with its historical significance and market potential. This process involved identifying and evaluating operators with the expertise and vision to develop and manage a unique tourism offering. Negotiations were conducted to establish a partnership that aligned with the owners’ objectives and the property’s redevelopment goals.
Concurrently, Horwath HTL supported the initiation of the approval process, liaising with relevant authorities to facilitate the necessary permits and clearances for the project. This proactive approach aimed to streamline the development timeline and mitigate potential regulatory hurdles.
The search for financing was also a critical component of the engagement. Horwath HTL leveraged its network to identify potential investors whose strategic interests aligned with the project’s vision. Presentations and discussions were conducted to secure the necessary funding, ensuring the financial foundation required for successful redevelopment.
Through a holistic approach encompassing feasibility analysis, operator selection, regulatory navigation, and investor engagement, Horwath HTL provided the owners of Hotel des Salines with a strategic pathway to revitalise the property, enhancing its value and re-establishing its prominence in the tourism sector.
Project Location
Bex, Switzerland