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Project Feasibility
Launching or expanding a hospitality project requires careful consideration of multiple factors to ensure its success. At PHD Consulting, our Feasibility Service offers a comprehensive analysis to determine whether your project is viable from financial and operational perspectives. With over ten years of experience in the industry, we provide you with the insights needed to make informed decisions, minimise risks, and maximise returns.
We conduct in-depth market research to understand current demand, competitive landscape, and potential pricing strategies that suit your property’s unique positioning.
We help refine and develop a detailed product concept that aligns with your market goals, ensuring it resonates with your target audience and delivers a distinctive experience.
Our financial analysis includes investment cost studies, breakeven points, pricing schemes, revenue forecasts, and seasonality considerations, ensuring you have a clear financial roadmap for your project.
We assess manning needs, environmental constraints, and resource availability (such as energy and water) to ensure that your project is operationally viable and sustainable in the long term.
A well-structured project timeline is essential for keeping the development on track. We provide a comprehensive schedule to guide the entire process from concept to completion.
We develop an initial area plan to ensure the optimal use of space and resources, balancing aesthetics and functionality for maximum efficiency.
We offer insights into your project's legal and regulatory requirements, helping you navigate zoning laws, environmental regulations, and compliance issues to minimise risk.
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