Feasibility Study:
In order to establish a project it is important to examine the economic feasibility.
A.A. Hotels carries out such studies.
An example outline for the establishment of a hotel feasibility study includes:
- Review of emerging trends in tourism for the coming years
- Overview of tourism in the hotel industry for the establishment of the hotel
- Examination of the rights of construction
- The hotel concept and the market segments of guests targeted to stay at the hotel
- Estimation of room and public areas size and number, as possible according to construction rights classified
- Estimation of hotel construction costs
- Research into competitors’ hospitality prices
Consulting services for hotels & tourist projects:
Marketing advice
Architects
Consulation for renovations
Consultation for operational efficiency
Advice for equipment purchasing
