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Mashroo3k Feasibility Studies tourism sector Residential and hotel building

Residential and hotel building

Study request

The project idea is defined as a residential and hotel building that includes furnished hotel apartments, where all the equipment and supplies are provided in the building apartments, including furniture, modern electrical and electronic devices, and all types of furniture, and they are designed with the latest designs and decorations in the world of tourism, in addition to providing various services through the use of advanced, highly efficient technology. The services of the residential and hotel building project are: (furnished housing – meeting rooms – a sports club for men and another for women – a swimming pool – recruiting specialized workers – cleaning and ironing clothes – a health club – a restaurant), and the project targets multiple sectors: (tourists – businessmen – state employees – individuals – expatriates).

Capital

rate of return

Recovery period Fourth year

Project Description

Project Description

Mashroo3k Company for Economic Consulting undertakes the task of preparing a feasibility study for a residential and hotel building project, which involves analyzing and studying the size of the target markets and their need for the project’s services, including: (furnished residential accommodation – meeting rooms – a men’s gym and a women’s gym – swimming pool – recruitment of specialized labor – laundry and ironing services – health club – restaurant). The project offers its services at the highest level of accuracy and quality, relying on a trained and professional team with experience in the tourism sector. Additionally, the project provides services at competitive prices compared to industry competitors and adheres to global standards in service delivery. The growth in target markets compels the project to capitalize on this demand due to its high demand rates. The project also aims to create new investment opportunities, provide job opportunities, support economic growth, generate good cash flows and returns, and achieve high-quality standards, making it a vital project for the target market.

Project services

Project services

  • furnished accommodation
  • Cleaning and ironing clothes
  • swimming pool
  • Meeting rooms
  • Health club
  • A gym for men and another for women
  • Restaurant
Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 10 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
    Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
  • The company’s geographic reach spans 35 countries across all continents.
  • Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
  • Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
  • Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
  • With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.
  • Project features
  • Study Contents
  • Sector Indicators
  • The Project is an Investment Opportunity
مؤشرات القطاع
  • Operating furnished apartments with the best equipment.
  • Creating new investment opportunities with good returns.
  • Make a good return for the entrepreneur.
  • Employing the workforce and improving their economic and social level.
  • Achieving good returns, cash flows and added economic value.
  • Optimal use of resources and assets.
  • Achieving a high level of quality.
  • Maintaining a competitive price level enables the project to obtain its target share.
  • Contribute to covering part of the increasing demand for tourist accommodation services.
Executive Summary
  • About the project
  • Financial Indicators
  • Rationale for the project
  • Government investment incentives in the project field
  • Target Markets
  • Project indicators and final results
Study of project services/products
  • Project description and all its products/services.
  • Project advantages and production requirements.
Market size study.
  • Understanding distribution channels.
  • Consumer behavior, preferences, and tendencies.
  • Competitors’ products or services, along with their strengths and weaknesses.
  • Market nature and its characteristics.
  • The demand size for the offered product or service.
  • The available share of the target market.
  • The optimal marketing strategy.
Risk assessment study.
  • Risk identification.
  • The impact of risks on the project.
  • Risk prevention methods.
Technical study
  • A detailed description of the project’s products, expected production capacity, and determination of investment costs.
  • Determining the required electricity and water capacity.
  • Determining the project’s labor requirements.
  • Determining the project’s requirements.
  • Calculating construction and building costs.
  • Calculating the total capital
  • Determining the annual operating costs.
  • Determining the amount of working capital.
Financial study.
  • Total investment costs required for the project.
  • Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
  • Determine the expected annual revenues of the project in light of the specified operational capacities
  • The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
  • The project’s financial indicators and sensitivity analysis.
Organizational and administrative study.
  • Project workforce.
  • Organizational structure.
  • Job responsibilities.
المشروع كفرصة استثمارية

The tourism sector is one of the vital pillars forming the backbone of the Saudi economy, contributing to job creation for Saudi citizens, improving infrastructure, and developing all logistical services. Under the Vision 2030 initiative, Saudi Arabia aimed to revitalize this sector by opening its doors to tourists from around the world, including launching electronic tourist visas for citizens of 49 countries, issuing over 440,000 tourist visas by March 2020.

The Kingdom aspires to attract approximately 55 million international tourist visits and 45 million domestic visits, aiming to create one million jobs for citizens and increase the sector’s contribution to the GDP to 10%.

Here are the key indicators of the sector according to the latest statistics:

  • 27,480,972 total number of foreign visitors to the Kingdom.
  • Around 690 entertainment events held.
  • 8,499 archaeological, heritage, and historical sites registered in Saudi Arabia.
  • 70.2% average hotel occupancy rate.
  • Domestic tourists spent 248,752,006 nights, with expenditures exceeding 53,162,627,159 SAR.
  • International tourists spent approximately 188,040,603 nights, with expenditures surpassing 100,806,082,413 SAR.
 
مؤشرات المشروع
  • The volume of tourism spending increased from 130.5 billion riyals in 2015 to 164.6 billion riyals in 2019, an increase of 26%.
  • Tourist spending in the GCC exceeds $81.1 billion, with Saudi Arabia alone accounting for 39% of this spending.
  • The number of nights spent by tourists in the Gulf Cooperation Council countries is approximately 303.2 million nights; Saudi Arabia’s share of these nights is 173.9 million nights, equivalent to 57.4% of the total number of nights.

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