Business Hotel

Business Hotel – Geneva, Switzerland

Key Service: Hotel Planning & Development
Location: Geneva, Switzerland
Product: Best Use Financial Feasibility Study

Overview:

Overview: Horwath HTL’s services rendered was to prepare a  Best Use and Financial Feasibility Study for a Business Hotel development project in  Geneva’s Organizations’ District. The client seeks complementing facilities to the existing property as well as optimized financial returns on the investment within a narrow set of parameters. Further, the client required assistance with the Interface List defining responsibilities of the owner vs. operator.

Solution:

Horwath HTL Switzerland prepared a full Market Analysis and Hotel Feasibility Study which included several scenarios in order to provide the best possible basis for decision-making. One of the proposed facility programmes was recently approved. Following the hotel operator selection, we reviewed and commented on the Interface List and helped to calculate CapEx reserves.

Implementation:

The sponsor and hotel operator are in the final stages of contract negotiations. Please check back about news on this project again, later.

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