Hotel van Oranje
Key Service: Hotel Planning & Development
Location: Noordwijk, The Netherlands
Product: Feasibility Study
Office: The Netherlands
Horwath HTL was asked to perform a feasibility study and determine the investment value for Hotel van Oranje in Noordwijk after renovation. The study contains analysis of the market, both supply and demand. Furthermore, the concept is described in detail after renovation. To determine the likely future value of the renovated hotel, a financial analysis was carried out. Historical results were analysed, and the results of the market study were included in the expected results of the hotel in the first five years after renovation. The Horwath HTL Netherlands team is fully licensed to prepare such valuations.
This project was carried out to establish the feasibility of the renovated hotel and to provide an investment value.