
Tourism Investment Advisory Services
Tourism investments combine property development, operating performance, customer demand, financing and long term asset value. Navigator supports investors, owners and management teams in evaluating new developments, acquisitions, renovations and repositioning projects across the tourism and hospitality sector.
Our experience covers city and resort hotels, boutique and all suite hotels, integrated resorts, villa developments, serviced apartments, marinas, spas and wellness facilities, golf courses, water parks, visitor attractions and mixed use tourism developments. We work on both greenfield projects and existing tourism assets, supporting investment decisions from initial concept and feasibility assessment through due diligence, financing and transaction completion.
Core Hotel Investment Services
Our services include
Rapid Hotel Investment Review
An independent preliminary assessment of a proposed hotel acquisition, development or renovation. We review the location, concept, competitive positioning, capital expenditure, operating costs and commercial assumptions, and develop a streamlined financial model to identify investment risks and potential returns.
Hotel Investment Readiness
We prepare hotel owners and developers to approach investors, lenders or prospective purchasers with a credible and properly documented investment proposition. The assignment may include the business plan, financial model, valuation rationale, funding requirement, investment structure, investor presentation, investment memorandum and data room.
Hotel Valuation Studies
We assess the commercial and investment value of hotels, resorts and accommodation businesses using operating performance, projected cash flow, comparable transactions, capital requirements and return expectations. Valuation studies support acquisitions, disposals, financing, shareholder negotiations, investment decisions and strategic planning.
Hotel Acquisition Due Diligence
We undertake buy side hotel due diligence for investors, purchasers, family offices and financial institutions considering the acquisition or financing of an existing hotel, resort or hospitality business. The review examines commercial positioning, historical performance, revenue quality, operating costs, management capability, capital expenditure requirements, financial forecasts and material investment risks.
Hotel Feasibility Studies
We assess whether a proposed hotel, resort, villa development or accommodation concept is commercially and financially viable. Our work integrates destination and market analysis, competitive positioning, concept assessment, pricing and occupancy assumptions, development costs, operating requirements, financing and investment returns.
Hotel Business Plans & Financial Models
We develop integrated business plans and financial models for new and existing hotels, acquisitions, renovations and repositioning projects. The work translates the hotel concept and operating strategy into revenue, staffing, expenditure, cash flow, financing and investment return projections.
Navigator’s hotel investment assignments have ranged from approximately € 920,000 to more than € 1 billion. This breadth allows us to assess individual hospitality businesses, major resorts and integrated tourism developments with the level of analysis appropriate to each investment.
Planning a Tourism or Hotel Investment?
Tourism investments require an integrated assessment of market demand, development costs, operating performance, financing, management capability and long term asset value. We work directly with investors, owners and management teams to structure the assignment, test the investment proposition and identify the commercial and financial issues that affect profitability and overall viability.

Rapid Hotel Investment Review: 8 Suite Greek Island Hotel
Client Confidential | Greece | 2022
Rapid investment due diligence for a proposed eight suite Greek island hotel, identifying major differences in capital expenditure, operating costs and EBITDA that led to a fundamental reconsideration of the investment case.
Rapid Hotel Investment Review: 80 Room City Hotel, Athens
Client Confidential | Athens, Greece | 2022
Rapid commercial, operational and financial review of an existing 80 room, 3 star Athens hotel, including acquisition analysis, capital investment planning, financial modelling and development of a mixed use repositioning strategy.
Rapid Hotel Investment Review: 190 Room Beachfront Hotel in Rhodes
Client Confidential | Rhodes, Greece | 2022
Rapid commercial, operational and financial review of a 190 room, 4 star beachfront hotel, including historical performance analysis, renovation planning, a five year turnaround strategy and support for the proposed sale to Greek and international investors.
Greece Sithonia Hotel Sale: Investment Advisory
Client Confidential, 2016
Greece Evia Hotel Sale: Advisory and Investment Promotion
Client Confidential, 2016
Greece Santorini 5* Hotel Resort Sale
Client Confidential, 2013
Greece Epidavros Hotel Feasibility Study
Client Confidential, 2011
Greece: Porto Syros Integrated Resort Feasibility Study
Client Confidential, 2010-2011
