Hotel Investment Opportunity
The club type leisure retreat is a holiday destination with catchy architecture and natural atmosphere designed by and built under the supervision of world renowned Architect Geffrey Bawa.
The hotel is facing the wide beautiful Bentota Beach and comprises of 17 rooms with private balconies, luxurious bathrooms and separate living area etc.
It also has a Club Suite designed with “delicate interior gardens” whilst accommodating all modern luxuries and preserving the natural beauty of the location.
Holiday makers seeking quiet and relaxed atmosphere within close proximity to Colombo.
Special eye candy:
Wall drawings by Lucky Senanyake, suite is comprised of swimming pool including night lights, bar area, restaurant, large ponds and a large garden.
The current occupancy rate is 60%
Average room – US$150.
With the expected higher tourist arrivals, this is expected to improve up to US$180 in coming years.
It is expected that the hotel will operate in full capacity with 75% Occupancy rate.
Having an Average Room Rate (ARR) of Rs.35,000 for 17 rooms, the projected annual revenue of the hotel turns out to be Rs.162 million.
The Operating Expenses would be 30% of projected annual revenue, which is equal to Rs.48.6 million.
The expected Annual Gross Profit of the hotel is forecasted at Rs.114 million.
Company is currently zero leveraged (no debts nor interest payments).
Potential overseas and local investors could talk to the biz-friendly OSL Team for a complete presentation of the investment opportunity presented above.
|LOCATION :||Bentota beach (just 62 kilometers away from Colombo)|
|SECTOR :||Tourism & Hotels|
|OPPORTUNITY CODE :||VBS/OP/14072016/X-2|