Market assessment and financial feasibility study for Four Seasons Resort Hvar – Island of Hvar, Croatia

Overview
The Client is developing luxury resort which will be managed by a prestigious international hotel company – Four Seasons Hotels & Resorts. The resort should consist of 120 hotel rooms, 35 luxury villas, 80 apartment units and additional added value facilities.
Solution
Horwath HTL participated in the evaluation phase and gave technical support to the Owners in terms of market verification of the concept and assessment of potential market and financial effects. A year lated Client has requested an update of the expert opinion and feasibility calculations for the lending purposes.