Tennessee Department of Environment and Conservation

Scope: Market Analysis, Financial Analysis, Investment Analysis, Contract Structuring Analysis

Services: Golf, Food and Beverage, Lodging, Retail

Issue: Tennessee State Parks needed to understand its options for operation of its resort portfolio, including self-management, management contract, and concession contract.

Process/Outcome: CHMGS market, financial, and investment analysis identified multiple options for future deal structuring. The analysis was used to support the Agency’s decision to continue self-management, but invest over $100 million in capital for redevelopment of its signature resorts.