Luxury Hotel in City Center
Description of the Project
The Project is situated at the prime intersection of Jianye District, Qinhuai District and Yuhuatai District in Nanjing and is in close proximity to historic landmarks including the Gate of China and Qinhuai River. The Project is part of a mixed-use complex comprised of luxury residentials, commercials and offices, with a total above-ground construction area of 220,000 square meters. The total gross floor area of the Hotel Project alone is about 30,000 square meters. With unparalleled geographical advantages and superior surroundings, the Hotel Project is poised to become an unequal iconic luxury hotel in Nanjing, one of the most vibrant tourism, commerce, finance and trade centers in the Yangtze River Delta.
Scope of Work
Horwath HTL was approached by the client to prepare the market and financial feasibility study for the Project including site analysis, market analysis, hotel positioning and best-use facilities recommendations, project utilization rates, operating cash flow and investment returns projections. In addition, Horwath HTL also supported the Hotel pre-opening and OS&E procurement process.