Novy Arbat Marriott Hotel, Moscow, Russia – Moscow, Russia
Overview: Market and Financial Feasibility Study, Acquisition Due Diligence and Valuation for the Novy Arbat 32 mixed-use development.
Horwath HTL Solution: Client was considering the acquisition of a mixed-use property, which includes the recently opened Marriott Novy Arbat Hotel in Moscow.
Horwath HTL has been requested by the potential buyer to provide an acquisition due diligence support, market and financial feasibility study and valuation of the hotel and other relevant components of the development.
Status: Assignment completed in 2014, hotel opened in 2015