Real Estate Market Analysis, Development Programming, and Financial Feasibility Study for an existing small hotel and restaurant that was being redeveloped into a destination resort with villas, a spa, and a conference center. A detailed development proforma incorporating capex and opex was part of the study. 

The property has significant topography stepping down to and overlooking picturesque rice terraces. The architecture is a combination of larger main buildings, connected by funicular to more private rooms on stepped terraces, and private villas within the rice terraces.

The property is now open and operating and will become part of the Angsana Collection, which is a brand under the Banyan Tree Group. 

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Role: Brian Jennett led the market analysis and financial feasibility portions of the study for the redevelopment of this property. Design work was by colleagues at AECOM.