Modele operacyjne i biznesplany
Service · Financial modelling

Developing operating
models and
i business plans.

We build operating models and business plans tailored to the property and the investor's business goals. Reliable analyses and financial projections that become a solid basis for the decisions that follow – in design, operations and finance.

A hotel business plan is not a document for the drawer – it is a roadmap for the investment. We build models that account for market realities, the property's specifics and the owner's goals. It is an operational and financial working tool, meant to give the investor certainty before a decision on financing, construction or acquisition, and then to serve as a point of reference in day-to-day management.

Our business plans are created in dialogue with the client. We work iteratively – once the assumptions are gathered we present a base model, discuss every cost and revenue line, and calibrate the scenarios. The final document contains not only the numbers but their full justification – so that you can defend every assumption before the bank, partners or a future operator.

Who we
most often work with.

We prepare business plans both for greenfield projects and for existing properties – in processes of acquisition, expansion, repositioning or securing financing. The common denominator: the need for a document that holds up substantively in talks with financing institutions.

01

Private investor

You are preparing a hotel project for financing. You need a business plan that meets the bank's expectations while being a genuine decision-making tool for you.

02

Developer

You are running a hotel project with a view to selling it after commercialisation. A Studio Alpina business plan is a document that also works in due diligence and in talks with buyers.

03

Fund / Family office

You are analysing a hotel as an asset class. You need a model that lets you compare scenarios, estimate ROI and IRR and define an exit strategy.

04

Property owner

You manage a hotel and are considering refinancing, expansion or a partnership with an operator. The business plan provides the hard data on which to base the conversation with the bank.

Zakres usługi

What this service includes.

We prepare every business plan individually – for the property class, location and business goal. The scope of work follows a set structure, so you know exactly what you will receive.

  • The property's operating model

    Assumptions on staffing structure, pricing policy, segment mix, F&B strategy, marketing and sales – matched to the type and scale of the property.

  • Revenue and cost forecast

    A multi-year forecast of revenue (Rooms, F&B, Other) and operating costs in the USALI format. RevPAR, ADR, GOP and EBITDA indicators.

  • Profitability and ROI analysis

    Profitability indicators – NPV, IRR, payback period, return on equity. Sensitivity analysis on the key assumptions.

  • Financial scenarios

    Three variants – optimistic, base and pessimistic. Identification of critical points and analysis of how market changes affect the project's outcome.

  • Investment and operating cash flow

    A full cash flow over a 10-year horizon – from capital expenditure, through the ramp-up period, to full operational maturity.

  • Presentation support

    We support you in talks with the bank, fund or potential operator. We will defend the model's assumptions before a financing institution.

Five stages,
one goal

We build financial models iteratively, in constant dialogue with the client. This gives you the comfort of verifying the assumptions at every stage.

01

Input assumptions

Brief, input data, project parameters, the investor's expectations and business goals.

02

Base model

Building the operating and financial model. A first version of the projections – for joint review.

03

Calibration

Iterations – calibrating the cost and revenue assumptions, refining the scenarios.

04

ROI indicators

Profitability analysis – NPV, IRR, payback. Sensitivity analysis on market variables.

05

Report and presentation

The final document, a narrative report, support in talks with the bank or partner.

Real results
for your
of the investment.

A Studio Alpina business plan is not a template – it is a document that genuinely works for the investor: in talks with the bank, in operational decisions and in negotiations with a future operator.

Realistic projections

Every cost and revenue line is anchored in the realities of the Polish market and in chain benchmarks – without optimistic adjustments.

Three scenarios

Optimistic, base and pessimistic. You know where the critical points lie and how the project will behave under different market conditions.

A document for the bank

The business plan meets the expectations of credit committees. We support the presentation of the model and answer the financier's questions.

30+ years of chain practice

We translate Marriott, Starwood, Vienna House and IHG benchmarks into the realities of the Polish market – without corporate templates.

30+
Years of experience in the hospitality industry
22+
Projects delivered
7
Advisory areas
4
International chains in the team's CV

Examples from practice.

We have supported a dozen or so properties in Poland with strategy and concept – from boutique city hotels to large leisure resorts. Below are three examples in which the concept stage proved decisive.

Hotel TreMonti Karpacz
Hotel · Karpacz
Hotel TreMonti Karpacz

Repositioning and offer optimisation for a property with an established market position. Adjusting the standard to the expectations of the wellness and MICE segments.

Hotel Bergo Szklarska Poręba
Hotel · Lower Silesia
Hotel Bergo Szklarska Poręba

F&B strategy and concept for conference and event spaces. Optimising the ratio of commercial space to BOH.

Dolina Charlotty Resort & Spa
Resort · Poland
Dolina Charlotty Resort & Spa

Implementation of chain standards in the Polish market environment. Operational audits, procedure calibration and support for line teams.

The questions we
most often ask
us investors.

If you cannot find the answer to your question – write to us directly. Every project is different and we'll be glad to answer your specific situation.

Ask us
How does a business plan differ from a feasibility study?

A feasibility study answers the question “does this project make business sense”. A business plan goes a step further – it builds the full operating and financial model on which the conversation with the bank, the budget decisions and the property's operating strategy are based.

Do you include pessimistic scenarios?

Yes. Every business plan contains three scenarios – optimistic, base and pessimistic. We show how the project behaves under falling occupancy, pressure on ADR, rising staff costs or rising interest rates.

Is the model adapted to the bank's requirements?

Yes. Most of our business plans are built with the financing process in mind. The model meets credit committees' expectations – it accounts for DSCR, debt yield, the cost of debt service and repayment schedules.

How long does it take to develop a business plan?

Most often 6–10 weeks. The first 2–3 weeks are gathering assumptions and analysing input data, the following weeks are model building, iterations and scenario calibration. The final stage is the report and presentation sessions.

What exactly do I receive?

A complete financial model (Excel) with editable assumptions, a narrative report with a profitability and risk analysis, and a presentation for the bank or partners. All with usage rights.

Do you handle projects outside Poland?

Yes. We handle most of our projects in Poland, but the Studio Alpina team gained its experience in international chains. We work in Polish, English, German and Italian.

Let's talk about your project.

Every hotel project begins with a conversation. Tell us about your needs – we'll reply within 24 hours.

Hotel – widok zewnętrzny obiektu

Let's start
with a conversation.

Every project begins with a conversation. Write to us or give us a call – we reply within 24 hours.

E-mail
hello@studio-alpina.pl
Emanuele Dalnodar
+48 606 942 200
Izabela Plucińska-Dalnodar
+48 500 117 575

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