Oberoi Hotels – Feasibility Study
Overview:
The Oberoi Group developed award-winning luxury resorts of the concepts and standards unseen before in India. Horwath HTL was given the privilege to conduct market and financial feasibility studies for uber-luxury resorts.
Solution:
Oberoi Group intended to develop iconic luxury resorts of type and scale unknown to the Indian landscape. Horwath HTL India carried out market and financial feasibility assessment for these luxury resorts in popular Indian tourist destinations – Agra, Jaipur and Udaipur. Horwath HTL India’s prior experience in these markets and within the luxury leisure segment were essential in best understanding the uniqueness and novelty of the proposed resorts while conducting the feasibility study.
Implementation / Status:
The Oberoi Udai Vilas, Raj Vilas, and Amar Vilas are successful iconic luxury properties in India today. Horwath HTL India’s Feasibility Reports and assessments were referred to by the owners and was an important basis for development of these properties.