Feasibility Study for a Budget Hotel with 138 rooms in Prague, Czech Republic

Client:
Private Investor

Brief project description:

An existing 138-room hotel in the centre of Prague is planning extensive renovations for the coming year. The owner has already discussed different concepts and positioning ideas for the renovation. Kohl > Partner has been commissioned to conduct a feasibility study to define the hotel's new concept and evaluate its economic viability.

Key elements of the project:

  • arrowboldModule I - Current situation and objectives
  • arrowboldModule II - Location analysis
  • arrowboldModule III - Market analysis
  • arrowboldModule IV - Status quo
  • arrowboldModule V - Development options
  • arrowboldModule VI - Strategic concept
  • arrowboldModule VII - Calculation of profitability