Hospitality

Grant Thornton’s experience includes project conceptualisation, feasibility studies, financial valuations, strategic planning, strategy formulation, operation reviews and trouble shooting, operator selection and contract review/negotiation. Specific assignments include:

Peermont Global

Market feasibility studies for 10 proposed hotel developments or hotel extensions at various sites in South Africa and Botswana, including the proposed expansion of the Emperor’s Palace complex near the OR Tambo International Airport. These studies included an overall economic environment assessment, market demand assessment and competitor assessment. Recommendations were made on the appropriateness of each of the developments and the most appropriate size, standard, range of facilities and concept for the hotels and other facilities.

Accor Hotel

Market and financial feasibility studies for proposed hotels in several major cities in South Africa as well as Botswana and Victoria Falls, Zimbabwe.

Nelson Mandela Bay International Convention Centre

Compiled a feasibility study, marketing plan and institutional structure for a proposed convention centre in Port Elizabeth.

Multi-use precinct (Jabi Lake Precinct) in Nigeria

Comprehensive feasibility study to serve as the basis for the development strategy of a multifunctional mixed use property development in the Jabi district of Abuja, Nigeria. The project incorporates residential and commercial (leisure and retail) components.

Multi-use development in Salalah, Oman

Feasibility study for a proposed 200 ha multi-use development in Salalah, Oman. The proposed development included residential, retail, commercial and leisure developments.