Overview: Owner representation for a boutique privately owned hotel.
Description of project: Initially Horwath HTL (South Africa) was asked to review a management agreement. The outcome of the review process resulted in Horwath HTL (South Africa’s) appointment as Owner Representative.
Overview: Valuation of a portfolio of properties.
Description of project: The portfolio of properties were located in various destinations on the mainland of Mozambique as well as the Mozambican Archipelagos of Bazaruto and Quirimbas and an additional property located in the vicinity of Victoria Falls in Zimbabwe.
Status: Rani Investments successfully negotiated a long-term strategic partnership with Minor Hotel Group.
Overview: Strategic and operational restructuring for mixed-use development.
Description of project: Review current operations and assist in identifying facilities which would enhance its hospitality offering in an effort to improve the overall project’s marketability.
Status: As a result of the strategic investment and improved operations, the future value of the development was enhanced.
Overview: Client was considering an investment into a mixed-use development. One of the elements incorporated in the mixed-use development was a 150-key hotel.
Description of project: Review the indicative financial projections and engage with Hilton Worldwide with regard to the underlying assumptions. Benchmarking exercise against known industry standards in order to confirm reasonableness projections. Review and provide feedback to Client.
Status: Under construction, due to open 2018.
Overview: Market Analysis & Financial Feasibility Study for St. Regis Mauritius Resort project.
Description of project: Horwath HTL’s South Africa-based office conducted a market demand analysis and financial feasibility study in order to provide the banking institutions further insight into the likely performance of the hotel development and therefore aid their decision with regard to extending debt financing to our Client.
Status: The St. Regis Mauritius Resort commenced operations in 2012.