Studium wykonalności
Service · Pre-investment analysis

Feasibility
study.
A decision based
on data.

Before key investment decisions are made, we verify whether the project makes sense – commercially, operationally and financially. We deliver reliable analysis at the early stage, when knowledge has the greatest value and a change of course is still possible.

A feasibility study is the stage at which an idea meets market, operational and financial reality. Carried out diligently and independently, it gives the investor something invaluable – the certainty that the decision to proceed with the project is informed and based on hard data. It is not a document for the drawer – it is a tool that helps avoid costly mistakes at a stage when a course correction is still possible without losing capital.

Our study is not a template. Every location, every property class and every target audience requires a different set of analyses. We work with developers buying their first plot for a hotel, with investors considering an expansion and with families inheriting a property. In each case the outcome is a clear recommendation – proceed with the project, modify the concept or revise the key assumptions.

Who we
most often work with.

Investors commission a feasibility study from us at different decision stages. The common denominator: the need for an independent analysis that answers the question – does this investment make sense, in this location, at this scale, at this moment in the market.

01

Private investor

You are considering your first investment in a hotel or apart-hotel. You need an independent analysis that will validate the idea against the market – before you sign the notarial deed or a contract with an architecture practice.

02

Developer

You are preparing a hotel project for financing or to bring in a branded operator. A Studio Alpina study is a document that holds up before a credit committee and in talks with brands.

03

Investment fund

You are analysing the purchase of an existing property or a stake in a greenfield project. You need an independent assessment of the market potential, operational health and realistic financial projections.

04

Property owner

You own a hotel or a plot with hotel potential and are considering an expansion, repositioning or sale. The study will help determine the most profitable path.

Zakres usługi

What exactly
our concept
our study.

We prepare every feasibility study individually for the specifics of the project, but the scope of work follows a set structure. This way you know exactly what you will receive at the outset and how long the collaboration will take.

  • Market and competition analysis

    Mapping of direct competitors and substitutes, analysis of the supply structure, identification of market gaps and segment trends in the property's area of operation.

  • Demand and property-potential assessment

    Analysis of tourist and business demand, seasonality, projected occupancy and potential ADR relative to the property's class and location.

  • Initial operational and financial assumptions

    Model assumptions for operating costs, staffing structure, GOP and EBITDA indicators, the ramp-up schedule and the break-even point.

  • Investment risk analysis

    Identification of risks – market, regulatory, operational and financial. Assessment of their impact on the project and recommended mitigating actions.

  • Recommendations on concept and scale

    Guidance on the optimal property category, number of rooms, F&B programme and additional functions in the context of the location and competition.

  • Recommendations on the hotel brand

    For branded projects – an analysis of the brands available for the location and class, brand requirements, contract models (franchise, management, lease) and a recommendation of the optimal path.

  • Conclusions and final recommendation

    An unambiguous recommendation – proceed with the project in its current form, modify the concept, revise key assumptions or withdraw from the investment.

Five stages,
one goal

We work according to a proven, predictable methodology. This gives you the comfort of planning – you know what happens at each stage and when you will receive the final report.

01

Brief and input data

Direction-setting meeting, defining the investor's goals and project assumptions, gathering the input documentation.

02

Market analysis

Study of the location, competition, demand segments and trends. Site visit where needed.

03

Modelling

Operational assumptions, cost structure, revenue projections, risk analysis and scenarios.

04

Recommendation

Synthesis of the findings, a recommendation on concept, scale and brand. Strategic conclusions.

05

Final report

A complete document for the investment decision. Presentation for partners or the bank where needed.

Concrete results
for your
investment decision.

A Studio Alpina feasibility study gives the investor certainty – not through optimistic projections, but through reliable, independent analysis. A document that protects against costly mistakes and strengthens your position in talks with financiers.

A data-based decision

Hard data instead of intuition. An independent analysis of demand, competition and financial potential – without emotion and optimistic adjustments.

A document for the bank

The study holds up before a credit committee. It meets financing institutions' expectations of pre-investment analyses.

A signal for the operator

Hotel brands require hard data in franchise or management-contract talks. The study opens those conversations.

30+ years of chain practice

We translate the standards of Marriott, Starwood, Vienna House and IHG 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

Projects
we have been
part of.

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 Indigo Kraków – Wawel
Hotel · Kraków
Hotel Indigo Kraków – Wawel
Hotel Solaris Toruń
Hotel · Toruń
Hotel Solaris Toruń
Saltic Resort & Spa Łeba
Resort · Łeba
Saltic Resort & Spa Łeba

The questions we
most often ask
us investors.

If your question is not on the list, write to us directly. Every project is different and we'll be glad to answer your specific situation.

Ask us
How does a feasibility study differ from a hotel concept?

The study answers the question “does this property make business sense” – it analyses the market, demand and financial projections. The concept is the operational translation: it defines the positioning, target audience, F&B model and functional programme. The study is the starting point, the concept its development.

How long does a full feasibility study take?

Most often 8–12 weeks, depending on the scale of the property, the availability of market data and the breadth of segments. The first weeks are input data and the site visit, the next ones modelling, the last the report and presentation.

Does the study guarantee the project will succeed?

No – no analytical tool does. The study drastically reduces the risk of a costly mistake at a stage when a correction is still possible. It shows whether the project makes sense under realistic assumptions.

Do you include a recommendation for a specific brand?

Yes. For branded projects we analyse the brands available for the location and property class, and compare brand requirements and contract models (franchise, management, lease). We also work with independent projects.

What do I receive at the end?

A full report with an assessment of the market potential, a competition analysis, initial operational and financial assumptions and an unambiguous recommendation. A digital document with usage rights.

Do you handle projects outside Poland?

Yes. We handle most projects in Poland, but the Studio Alpina team gained its experience in international chains. Working languages: Polish, English, German, 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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