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Hospitality and Tourism International Consulting was founded by its current CEO, Wayne Troughton, in 2003 in order to service the strategic and operational needs of both public and private sector hospitality and tourism organisations. The tourism industry is an important factor in economic paybacks all over the world, and interested organisations often call for a market feasibility study to be carried out wherever there is a proposed new project within the industry.
HTYI Consulting has a number of expert consultants and other associates who together have extensive business and finance dexterity. They have extensive knowledge of the hospitality and tourism industry and have held major posts in important consulting companies. Between them they have carried out many a market feasibility study inside the industry, as well as completing numerous financial feasibility studies, market analyses, investment climate analyses, business plans and finance raising.
A feasibility study holds five major parts, namely studies of marketing, technical aspects, management, financial and social desirability. A market feasibility study always entails deep research and analysis in both supply and demand for the proposed new project. This lets us conclude the probable demand for the proposed development and to make recommendations in how to increase demand by modification of the proposal where necessary. We use recognized research organisations that understand the particular needs of the hospitality and tourism markets in the region of proposed development in order to draw up our market feasibility study for a particular project. Our studies provide both information and recommendations regarding all aspects of a given proposal. Contact us at +27 11 467 9760 for further information. |
