
Hospitality Experience
Strategic Consulting for Grand Hyatt Incheon
Horwath HTL was engaged by KAL Hotel Network to conduct a market study to provide development recommendations and projections for a proposed hotel adjacent to the Incheon International Airport. Horwath HTL was later also engaged for the hotel’s expansion project.
Project Scope
Horwath HTL was engaged by KAL Hotel Network to provide strategic consulting for the development of a hotel adjacent to Incheon International Airport. The initial engagement involved conducting a detailed market study to evaluate the feasibility of the proposed project. This included an in-depth analysis of demand drivers in the area, such as airport passenger trends, business travel patterns, and the evolving needs of transit and long-stay guests. Competitive benchmarking was also undertaken to identify market gaps and opportunities for differentiation in the local hotel landscape.
Based on the findings, Horwath HTL delivered tailored development recommendations, outlining key elements such as optimal room mix, facilities, and service offerings. The analysis provided a clear understanding of potential market positioning, ensuring the proposed hotel would cater to both business and leisure travellers while capitalising on its strategic location near one of the region’s busiest airports. Financial projections were included to help KAL Hotel Network make informed decisions regarding the project’s viability and investment potential.
Following the successful opening of the initial property, Horwath HTL was re-engaged to assist with the hotel’s expansion project. The team revisited market dynamics to assess the need for additional capacity and refined development strategies to enhance the property’s competitive edge. Recommendations focused on expanding facilities to include features that would appeal to larger groups and extended-stay travellers while maintaining the operational efficiency and service standards that had already established the hotel’s reputation.
The Grand Hyatt Incheon is now recognised as a premier airport hotel, providing exceptional convenience and luxury for international travellers. Horwath HTL’s expertise ensured that both the initial development and subsequent expansion were executed with precision, maximising the property’s potential and delivering long-term value for the client.
Project Location
Incheon, South Korea