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