https://hladvisors.com/waterpark-feasibility-methodology/

Every waterpark or waterpark resort starts the same way — with a vision. Maybe a developer sees an underserved market, a hospitality group is chasing a new revenue stream, or a municipality dreams of an economic catalyst or a destination for its region. Whatever the origin, that vision quickly collides with a hard truth: ambition alone doesn’t secure financing, and enthusiasm does not guarantee returns. Before a single shovel breaks ground on a new indoor or outdoor waterpark, whether part of a resort or a standalone attraction, developers must first answer the question that lenders and investors will inevitably ask: can this project actually pay for itself? That answer requires more than optimism. Mortgage lenders and investors typically require a third-party feasibility study conducted by experts who specialize in analyzing waterpark and hotel developments, which is a critical analysis that evaluates whether the project will generate enough revenue, once built and operational, to justify its development costs.