Hotel Europa – Minsk, Belarus
Overview: Operations Review, Potential Assessment and Acquisition Due Diligence of the 5-star Hotel Europe.
Horwath HTL Solution: Client has been approached to purchase the Hotel Europe in Minsk. The hotel is regarded as the highest category hotel in Minsk at present offering the most luxurious services and facilities. Horwath HTL was responsible for the review of the operation, and proposed changes to meet international brand standards, and prepare a financial analysis to support the decision-making for the acquisition of the subject hotel.
Status: Assignment completed in 2012, hotel is in operation