Hangtime Hostel is located on the sand swept shoreline of Weligama bay, in the south of Sri Lanka. As a pioneering surf and yoga inspired boutique hostel, Hangtime provides both private and dormitory style accommodation. Hangten, a chic restaurant and bar sits on the rooftop overlooking the waves. Yoga, surfing, great food, good coffee, and a good time await anyone visiting the hostel.
Silk Road Research was requested to conduct a comprehensive business valuation on Hangtime Hostel. To arrive at a fair and accurate valuation, the team made a locational analysis, conducted an in-depth risk assessment of all stakeholders, and developed a financial model to project revenues and expenses. This indepth analysis provided the Directors with a full understanding of their asset’s potential.
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