Hotel Drei Schwestern – Schaan, Liechtenstein
Overview:
A well respected local entrepreneur’s family intends to establish the Hotel Drei Schwestern, a hotel of international reputation, in their hometown Schaan. The business hotel shall comprise 145 keys, conference facilities and F&B outlets. Horwath HTL was engaged to support them with advancing their development project.
Solution:
Our services included the preparation of a Hotel Operator Memorandum and undertook the search and selection of the future Hotel Management Company by means of a tender. We provided the client with an in-depth analysis of the proposals that were received along with a detailed review of the bidding companies. Based on this documentation and on Horwath HTL’s recommendations, the client was able to choose the most suitable candidate for his project.
Implementation:
Vienna International Hotels was sourced to operate the future Hotel Drei Schwestern by way of a tender process; the hybrid lease contract is ready for signature. The search for an end-investor for this asset is now ongoing.