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Company Description

Corporate Philosophy

Strategic Planning

Valuation

Economic Impact

Market Research

Feasibility Studies

Litigation Support

Tourism & Hospitality
Assignments

Implementation

Representative
Engagements

Tourism Estates

Tourism Industry Assignments

Hospitality Industry Assignments

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Arthur Consulting Group International is specifically geared to undertaking implementation assignments on behalf of its clients. Our philosophy is that tourism studies are not meant to grace the bookshelves of government offices but to serve as actual blueprints to guide action. We are, therefore, set up to shift smoothly from macro level planning to micro level assessment of individual projects. Once a project is identified and approved for implementation by the sponsors we can undertake the preparation of feasibility studies involving more precise evaluation of market demand, assessment of competition, share of market computations, and detailed income and expense configuration.

In the next step, we work with local architects and engineers to prepare conceptual land-use plans and architectural designs. These drawings can be used for quantity take-offs and thus to generate more precise capital cost estimates for the project as a prelude to detailed investment analysis. We prepare economic benefit/cost analysis for public sector projects and return on investment studies based on annual income forecasts arrayed against the initial capital costs of the project.

Based on benefit/cost analysis and/or return on investment computations we can refine the final project appraisal by taking into account the impact of leverage on project returns through the use of alternative assumptions relating to long-term debt/equity ratios used to finance the project. These refinements can also be used to generate pre-tax and after-tax cash flows likely to be generated by the project by allowing for tax depreciation and other fiscal and financial incentives available to the project.

In most project implementation assignments, several other steps need to be delineated in detail as follows:

• Sources of Funding
• Organizational Responsibilities
• Coordinating Mechanisms
• Evaluation Procedures
• Implementation Time Table
• Procedures Manual

In the implementation of programmatic, as opposed to project, recommendations, we have been able to provide detailed guidelines (including preliminary drafts of administrative or legislative regulations) as well as line-item budgets on such matters as zoning and environmental controls, inn-keeper liability, and service levels in different classifications of hotels. We can draw up detailed training programs including liaison with external institutions of higher learning as well as set up scholarship programs and obtain technical assistance from bilateral and multilateral aid sources.