Ozarks Lakefront Glamping Resort
Scope of Work
Horwath HTL was approached to provide independent expert advice and ascertain the feasibility through a detailed market and financial evaluation of a proposed 40-key lakefront glamping development on The Lake of the Ozarks.
Description of Project
The project is proposed to be developed on an 18-acre site with 2000 feet of lake frontage. Horwath HTL was engaged to guide the developer on the site layout, accommodation type, facilities and amenities. The findings and recommendations therein were provided to the project architect as the basis for the masterplanning of the site. In addition, we performed a market feasibility study for the project. The results of this work were included in the developer’s investment opportunity memorandum. This was a benchmark project as there are no glamping developments in the greater Lake of the Ozarks area. Furthermore, there is only limited comparable properties serving both the Kansas City and the St. Louis markets.
The client is obtaining finance and looking to Horwath HTL to conduct an operator selection process when financing is closed.