Project Evaluation Luxury Hotel – Bernese Oberland, Switzerland
Overview: Horwath HTL was engaged by a Developer to conduct a market study to provide a project evaluation, development recommendations and financial projections for a luxury hotel redevelopment in the Bernese Oberland Region they considered to acquire. Upon completion, the hotel is envisioned to comprise 176 keys, including 54 apartments for sale and leaseback, Food & Beverage outlets and conference and spa facilities plus forest and farmland.
Solution: Horwath HTL Switzerland provided a full Market Analysis and Hotel Feasibility Study to determine if the proposed hotel is viable and economically feasible for the market at the proposed investment costs. After evaluating the current market condition and the competitive set, our team prepared an in-depth analysis of the proposed project that highlighted the best-case scenario as well as provided facilities recommendations and detailed financial feasibility. A project valuation completed the assignment.
Implementation: The project and our findings are currently under evaluation by the client.
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