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SVANETI
Object reference
Income-oriented development (income from the operation of the facility).
4x-stage:
Concept (available), search for an investor, construction and operation.
1. Essence of the project
A hotel for a ski resort 50 km of ski slopes, operates from December to April and individual and group tours from May to October and the entire winter period. Virtually no seasonality. In the city of Mestia (the capital of Svaneti) there is an international airport and 460 km to Tbilisi. The object is located 10 km from Mestia and 2-3 km from the first line of the cable car (to be built) or 12 km to the 2nd line.
2. Conclusions about the demand for the property, supported by objective data
Hotels only in Mestia 25 km from the first line of the cable car. To date, there are simply NO hotels in the immediate vicinity of the slopes! After the pandemic, the demand for domestic tourism has increased.
3. Information about competitors and your advantages over them
Virtually no competitors today! There is only one serious hotel in Mestia (the prices are very high), but there are many relatively cheap guesthouses.
4. The cost of the project
42 rooms and 3 cottages; (the number of rooms can be increased at the stage of planning).
2* = $3,500,000 3* = $5,500,000 (4* = $8,000,000 5* = $12,000,000)** 4* or 5* hotel is a separate issue, if the investor wishes.
Our proposal is the creation of a 4* level hotel but for $6,500,000.
5. Ways to get profit from the implemented project
Renting rooms, renting cottages, a restaurant, a long bar (long bar), a night bar - a night club-disco 3 days a week Friday, Saturday, Sunday, spa services, a gym, a souvenir and clothing store, game services (billiards, table tennis , slot machines), rental of skis and equipment, bicycles, rental of transport: ATVs, snowmobiles and cars, tours in Svaneti. Gatherings for athletes, international competitions, corporate conferences, symposiums (outside tourist seasons). The total workload is up to 120 people, possibly up to 130 people, 42 rooms and three cottages.
6. Payback period
Prices are indicated without high and low season
Quadruple room 80$x8 rooms=640$. 2 local simple 100$x32 rooms=3200$, improved 150$x2 rooms 3x local=300$.
cottage 6 local 300$ x3 = 900$. total 640+3200+300+900 =5040$ per day
restaurant one-time meals (dinner or lunch) - 120 people x $35 = $4200 per day
Income per day $ 9240 (excluding equipment rental, bar, one-time loading of the restaurant, shops, transport, tours). Prices, averaged, excluding seasonality, peak and low loads. That is, at least + 10%. = $ 10164. Night club: Work-Friday, Saturday, Sunday. Loading 120 people, maximum 150. Minimum income $ 30 x 120 people = $ 3600 per week x 4 = $ 14400, Work only during the ski season 6 months, total $ 86400. These are the minimum incomes in these calculations.
$10,164 x 365 days = $3,709,860+86400=$3,796,260 per year, with 100% occupancy payback up to 2 years (1 year and 9 months).
30% occupancy = $1,138,878 payback 5.7 years.
40% occupancy = $1,518,504 payback 4.2 years.
60% occupancy = $2,277,756 payback 2.9 years (pessimistic scenario).
70% occupancy = $2,657,382 payback 2.5 years (optimistic scenario).
Calculations without taking into account corporate events, banquets, congresses, weddings, conferences, sports events. It does not include income from the sale of alcohol and liquor. For example: the cost of 1 liter of wine is 15 GEL = $5. The cost of 150g glass of wine in a restaurant is 7 GEL. The minimum profit under the pessimistic scenario is 30 GEL = $10 profit. 100 people, one glass per day x 7 GEL = 700 GEL x 219 days = 153 300 GEL per year = $ 54,000.
7. Costs
100,000 gel = $35,000 per month salary of 60 staff. Working capital per month 100,000 GEL = $35,000 (food, fuel, inventory, repair kits, consumables for dry cleaning, washing, cleaning, replacement of broken equipment, communications). $820,000 per year.
8. What profit will be received by the investor
Under the most pessimistic scenario of 60% occupancy, the company's annual income will be $2,277,756 +54,000 alcohol = $2,331,756 per year, expenses $820,000 per year. Net profit $1,511,756. The return on investment will be in 4.3 years. Given the construction time of 1.5 years, the full return on investment will be in 5.8 years. At the same time, the minimum capitalization of the company will be $8,000,000. For the next 10 years, the company's annual profit will be at least $1,511,756. -
Under the optimistic scenario of 70% occupancy, income 2,657,382+ 63,000 alcohol = 2,720,382 – 820,000 expenses = $1,900,382 net income. Return on investment 3.5 years, taking into account the construction of 1.5 years in 5 years. For the next 10 years, the company's annual profit will be $1,900,382.
9. Drawings & documents
10. Restaurant lounge panorama
11. Restaurant lodge panorama
12. Courtyard panorama
Innovations and technologies.
We are well aware that all the conditions listed below are necessary for a comfortable life support of the hotel, but for optimal service and its wide specter in modern reality it is impossible to do without innovative technologies. In our opinion, cloud technologies, green energy, energy-saving technologies, conditions for providing comprehensive communication services via social networks, direct Internet access, will allow customers to have not only comfortable living conditions and work remotely, but also create real competition for many hotels and not only in Georgia. What needs to be provided for this:
- Structured cable network (lines, cabinets, sockets, switching equipment)
- Hotel telephony (office and guest)
- Hotel television, including interactive and pay TV systems
- Control system of electronic locks of the hotel
- Internet access in the hotel (including Wi-Fi)
- Hotel accounting programs: hotel management systems (PMS), restaurant and Spa management system (POS); ERP systems: calculation and storage systems, accounting and financial systems
- Acquiring in a hotel.
- The website of the hotel, and its management.
- Online booking systems for hotels.
- Computing facilities: servers, computers, restaurant terminals.
- Video surveillance of the hotel.
- Access control and accounting systems (ACS) of the hotel.
- Energy saving of the hotel through:
energy management, the use of intelligent energy-saving devices and energy-saving devices
- Installation of heat pumps, the heat pump is the primary energy supplier.
- Use of solar energy, solar panels.
That is, we divide it into six main sections:
1. Structured cable networks to ensure the operation of the hotel.
2. Servers, computers, terminals, peripheral equipment used directly to work with guests.
3. Servers, computers, peripheral equipment necessary for the functioning of the hotel's computer network itself, hotels that are not directly related to the operation of accounting systems.
4. Cloud management of the hotel and the presentation of this service.
5. Use of the STAR LINK system on the territory of the hotel (free of charge) for uninterrupted provision of all types of Internet communication services. But having at the same time a backup dedicated fiber-optic Internet channel.
6. Permanent and for securities double backup power supply.
7. Installation of heat pumps and solar panels.
All of the above conditions will really allow us to consider our hotel as environmentally friendly.
This will allow us to enter the top eco-friendly hotels in the world.
