Feasibility Analysis (or more concise position paper)
A thorough and objective report evaluating the potential success of a resort project from both market demand and financial performance perspectives. Contents are based on extensive field work. Includes a comprehensive report (+/- 250 pages) containing wide range of conclusions and recommendations, full supporting documentation, and a pro forma cash flow analysis addressing all variables relating to costs and revenues. Addresses:
- Go or no-go recommendation
- Product mix
- Number of units
- Bedroom configuration and floor areas
- Degree of ownership
- Use plan/reservation system
- Pricing
- Sales pace
- Amenities, services and owner benefits
- Consumer profile
- Market depth and market area
- Estimated financial performance
- Sales volume
- Product costs
- Operating costs
- Before-tax profit
- Implementation scenarios
Consumer Research
Includes: (1) Consumer Surveys to provide quantitative data for determining the degree of consumer interest in purchasing at a proposed project, the most appropriate pricing and product characteristics, and the type of consumer with the greatest propensity to purchase; and (2) Focus Groups to provide critical qualitative information. Informs on:
- Who they are
- Where they are
- How many there are
- What they want to buy
- What they are willing to pay