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Hospitality Feasibility Reports and Diversification Options

A beautiful property or promising idea needs a commercially credible business model.

Heritage Hospitality Consulting helps owners assess hospitality opportunities before committing to development, refurbishment or a new operating model.

We provide feasibility studies, market assessments and financial modelling for hotel developments, historic properties, private estates and rural tourism projects in Scotland and across the UK and Ireland.

Explore what could work for your property

You may be considering boutique accommodation, self-catering cottages, cabins or lodges, an exclusive-use house, a wedding and events venue, or a wider hospitality offer.

We help establish which options suit the site, the market and the level of involvement you want as an owner.

What the Feasibility Report can cover

  •    Demand, customer segments, seasonality and relevant competitor benchmarks.

  •        Product options, positioning, service levels and indicative pricing.

  •       Revenue assumptions, staffing requirements and operating costs.

  •        Financial forecasts and sensitivity testing to show how changes affect viability.

  •        Phasing, operational requirements and the principal commercial risks.

  •      Recommendations on which options to progress, revise or set aside.

The depth of work is agreed around the development stage and the decisions you face.

We will work with your architects, planning advisers and other specialists where their input is needed.

What you receive

You receive a reasoned assessment of the opportunity, financial projections with clearly stated assumptions and practical recommendations for the next stage.

The work helps you compare options and understand what needs further investigation before investing.

It can inform discussions with advisers and funders, with specialist requirements agreed separately.

Options for continuing to work together to bring your plans to fruition

We can help develop the chosen concept and support commercial planning, positioning and preparation for opening under an agreed follow-on brief.

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