1. Analyse
the reality
PHASE 1 - ANALYSIS
- Initial assessment & considered viability of project & destination:
- Demand factors
- Travel infrastructure and forecast
- Competitive positioning
- Benchmark selection
- Size guidelines
- Asset / Property assessment:
- Legal limitations and considerations
- Environmental factors
- Social factors
- Licensing assessment:
- Project layout
- Product categorisation
- Branded operation suitability
- Employment impact
- Financials & pre-feasibility study
- Public sector involvement:
- Public grants available for:
- - Tourism activities
- - Employment creation
- - Project development