Business case
Our client, a major player in the all-inclusive resort industry, engaged us to value the group in the context of the potential sale of a minority stake.
The all-inclusive resort industry is unique, making it hard to implement relative valuation methods. The difficulty in applying trading or transaction multiples lies in identifying the right comparable companies.
We performed a complete valuation of the company, using the discounted cash flow method. We estimated the company’s future cash flow depending on several scenarios, reflecting occupancy rates and openings of new resorts.