chapter 8 investment feasibility and phasing this describes the basis methodology adopted by consultants for forecasting demand tourism especially winter that focuses primarily on skiing envisaged earnings from projects emanating developmental initiatives proposed developing dayara bugyal as a ski resort of international standards analysis financial these ventures potential success any ultimately healthy return are main considerations encourage private sector participation in venture order type based area region general requirements were worked out various infrastructural other major tourist destination during winters hill station summers have been presented chapters 4 5 quantitative studies also revenue must be sound mathematical model takes into consideration sensitivity to variables affect it understood such would give only