Success Story: Project Pandora - Ecohotels in Spain

Financial and management consulting company “Finetic Consulting” has successfully completed its participation in the project Pandora to create a network of eco-hotels class 4 stars in the Canary Islands and other regions of Spain with a total investment budget of more than 25 million euros. The project initiator had a preliminary agreement with a potential investor willing to invest in the project about 12 million euros when the project will reach Seed stage.

What was done:

  1. Creation of the Project Concept: “Finetic Consulting” started from scratch by intervening in the presentation of the business idea proposed by the Project Initiator. The company developed and formalized a comprehensive Project Concept, defining the strategy and direction.
  2. Site search and clearance: A site for the first hotel has been searched and a preliminary contract has been signed.
  3. Competition among architectural firms: A competition was held among Spanish architectural and design firms, which resulted in the signing of a contract with the winner. This ensured a high level of professionalism in the architectural part of the project.
  4. Estimate and roadmap:** A preliminary project estimate and implementation roadmap were prepared.
  5. Financial Model and Roadmap: Finetic Consulting has developed a sophisticated Financial Model that takes into account many variables and aspects of the project. Scenarios are provided 6 years in advance to predict cash flow, profit and loss, and provide visualization for investors.
  6. Negotiations with local authorities: Successful negotiations were held with the local authorities of the island to agree on the architectural design.
  7. Selection of a law firm: A law firm was selected to contract and coordinate the project with local authorities.
  8. Preparation of presentation materials: Presentation materials on the project that attracted the investor’s attention were prepared.
  9. Assisted in drafting an agreement with an investor: Assisted in drafting an agreement between a funder and an investor.

 

Results:

– Fulfillment of conditions for successful Investment: “Finetic Consulting” completed its participation in the project only after full fulfillment of all requirements of the client.

– Creating a Successful Business Model: Our efforts have helped develop a sustainable business model that ensures high profitability and customer satisfaction.

– Strengthening Partnerships: We established strong partnerships with architectural firms, law firms and other contractors, which ensured the successful realization of the project.
 

Results:

The Pandora project is a vivid example of how the joint efforts and professionalism of Finetic Consulting have led to the successful realization of ambitious business ideas.

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