Situation
A group of land investors with holdings in a very popular mid-west water park and tourist destination were interested in developing a vacation ownership and fractional resort. With no prior experience in vacation ownership sales, they contacted PVG to help them create the business plan to move forward with the development and sale of these properties.
Solution
PVG provided a full array of services including:
- Feasibility Studies
- Amenities Recommendations
- Financial Projections
- Use Plans
- Sales and Marketing Plan
- Capital Planning
In addition to providing planning and advisory services, PVG took an active, hands-on role by interfacing with the local county planning commission and other resources to move the project forward quickly and efficiently.
Impact
Within three months, the plan was complete. The client was successful in obtaining all of the necessary entitlements to begin construction and sales and marketing efforts. In addition, this client has engaged PVG for additional services to help them identify and acquire a joint venture partner.