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Feasibility Analysis for an Ecotourism Hotel in Costa Rica

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La Fuerza Feasibility Analysis Introduction 3 Summary Of The Concept 3 The Destination 5 Key Points of the Innovative Idea 5 1 MARKET ANALYSIS 6 1.1 Industry Age, Size, and Growth Rates 6 1.2 Industry Trends and Changes 6 1.3 Industry Structure 7 1.4 Market Characteristics 9 Market Segmentation: 9 Ecotourist Profile: 10 2. COMPETITIVE ANALYSIS 12 2.1 Major Competitors (direct, indirect, future) & Market Dominance 12 2.2 Bases of Competition in the Industry & Degree of Rivalry 13 Local Competitors – 13 International Competitors – 14 Other Competitors - 14 2.3 Self-perception of Competitors 15 Local Competitors— 15 Other Competitors- …show more content…

Is there anything more rewarding than a fish or a lobster at dinner that you caught earlier in the day in the sizzling sun by the splashing waterfall? The concept aims at attracting a niche target market of people living in the city, whose age ranges between 35 and 60 years. Due to the exclusivity and exquisiteness of the concept, a high-income, white-collar market would be favorable. Marketing would be sought through word-of-mouth, actually believed to be the swiftest and most effective. Guests would be given the chance to engage in activities like fishing, farming, gardening, reading, swimming, etc. Note that these will not be imposed, nor will they be used in a promotional tour package, but they will be made available to those willing to experience the richness of the earth and the mystery of its waters, in an effort to release stress and bring back inner peace that is believed to have been long lost with modern times. The location of the resort would be ideally located in the dense forests of Costa Rica on an exclusive location targeting a mainly North American market. In addition, due to the relaxed ambiance of the product, employees would be trained to meet the needs of this niche market with utmost informality in order to stay in line with this green concept. A warm, relaxed, friendly, and even courteous, attitude would be expected from the beginning of the experience. The secret is not to make the guest feel like he/she is in yet another business,

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