Tourism Feasibility Studies
A feasibility study is a powerful tool or instrument to simulate the likely performance of a tourism project before it is developed. It gives an indication of the likely financial performance of a tourism project, highlights the major demand, supply, operational, and financial assumptions being used; the risks associated with these assumptions; and provides the foundation for the formulation of the business and marketing plan for the project. APPI and its principals have extensive expertise in undertaking feasibility studies for various tourism-related establishments in the Asia and Pacific Region.
Successful hotel feasibility studies conducted were for the Marco Polo Hotel, Davao City; the two Waterfront Casino Hotels in Mactan and Cebu City, and the Lagen Island Resort, Northern Palawan, in the Philippines. APPI also spearheaded the preparation of the market, conceptual, and financial feasibility studies for 6 tourism attraction and infrastructure projects (theme attraction, ecotourism villages, cultural site) as part of the Tourism Development Master Plan for Sichuan Provincial Government, in China.