Proposed Hotel Development in Ibadan

Proposed Hotel Development in Ibadan B2MASTER 10:52 pm

Project Info

Client Private Developer
Skills Hotel Market Study & Feasibility | 2019

Project Description

Project Description

A Proposed Hotel Development which is been sponsored by an Ibadan based family. This involved the conversion of an old housing estate into Long Stay Hotel Resort. The hotel aims to attract business travelers visiting Ibadan, Oyo State.

The development  which is situated within the Bodija/ Agodi axis of  Ibadan city.

The project is managed and developed by Top-in-class personnel both from Nigeria and Overseas. The development of industries and commercial centres would make the Zone a destination for domestic and foreign  investors.

Action Taken

Brickstone was contracted to:

  • Market survey of the Ibadan city hospitality market for data collection narrowed down to contemporaries and neighbourhood competitors’ data.
  • Recommend appropriate transaction modalities and structuring and executing fund raising for the project.
  • Develop a Comprehensive Financial Model to communicate the financial viability of the project to investors.
  • Develop an Information Memorandum and Business Plan that would communicate succinctly the value proposition of the project to investors
  • Introduction of client to high networth individuals and potential investors.

Services includes the following