01| Luxury Boutique Hotel – 102 Rooms
102 Room (200 Bed) 4 *
This Exhibit is proposed based on a 102 Room (200 Bed) 4 * Luxury Boutique Hotel in the heart of the Addu City Maldives. This City Hotel is designed for the budget travelers who are looking for a more local experience combined with a premium luxury service similar to that of the resorts at a budget price.
- Reduced Development Cost ($ 18 Mil) compared to a 100 Room resort which would cost ($ 45 Mil +).
- The main infrastructure such as Water and Sewerage Systems , Roads, Staff Accomo, Electricity are already in place.
- 15 min Speed Boat ride from the airport
- Availability of Value adding services to guests from the surrounding resorts.
- No logistical issues and low cost of supplies and staff availability
- Monopoly of the market due to its Unique Concept
Project Details
IRR (Internal Rate of Return)
20%
Nominal Payback
6 Years
Looking for
Investor
Status of Business
New Project
Type of Business
Resort
Industry
Tourism