Capital program due diligence including market study with financial projections, to support financing plan for capital improvements program. In connection with hotel manager’s capital improvements recommended for this destination “city center” luxury resort hotel in the heart of Cairo along the banks of the Nile River. An update to prior due diligence and feasibility report was completed for this major refurbishment project.
The hotel is located in downtown Cairo at Corniche El Nil Roda Island, Garden City, Cairo, Egypt.
Ayla Oasis | As global real estate consultants, we advised the master-planned resort project team for Ayala Oasis. We provided design review, leasing plan, tenanting alternatives, and entertainment programming for resort town center under construction. Focus on re-design and enhancement of the resort’s retail-entertainment village, to improve the shopper experience, retail leasing, length-of-stay, and placemaking appeal.
The development company’s business strategy is based upon establishing Aqaba as a world visitor destination. Aqaba is famed for serving as a location filming area for “Lawrence of Arabia. More recently, Aqaba was on the global map for EDM festivals as the location for the Distant Heat Festival in Wadi Rum (situated outside of Aqaba).
Al Anwae Trading Est. (Riyadh) | Due diligence consultants’ work as part of our global real estate consulting practice. The engagement involved a portfolio of existing Hyatt Regency hotels operating in Saudi Arabia, for potential portfolio acquisition by client. The due diligence report included an evaluation of competitive hotels, management contract review, and an analysis of each facility’s sales and operating history. One of the hotels (shown in accompanying photo) has since been re-branded as a Radisson Blu).
Departmental staffing and profitability and 10-year EBITDA projections were also prepared, as part of the work.