Market and financial feasibility study for Valamar Collection Resort Pical – Poreč, Croatia
Key Service: Hotel Planning & Development
Location: Poreč, Croatia
Product: Feasibility study
Overview
Former 2-star hotel will be reconstructed into one of the largest 5-star resorts in Croatia. It will consist of hotel with cca. 500 keys, more than 10 F&B outlets, Wellness and Spa center on more than 2,000 sqm, and MICE facilities. Project represents one of the largest investments in tourism in Croatia in last 10 years.
Solution
Horwath HTL made an assessment of market and financial potential for the purpose of obtaining financing.