| Industry: | Tourism | Funding Type: | Debt |
| Maturity Stage: | Profitable | Year Established: | 1978 |
| Has Business Plan: | Yes | Revenue: | $1,000,000 - $4,999,999 |
| Forecasted Revenue: | $4.5 million at 80% occupancy |
Total Cost almost $9 million, 87 rooms, projected net profit year 1 $1.6 million
Founded in 1978 by Dutch investor, renovated and expanded over the years, the Summit Hotel enjoyed average occupancy rate of over 85%. See detail description of the hotel at its website: http://summit-nepal.com/
Customer Problem or Area of Opportunity
Nepal's major industry is tourism, with trekking in the Himalaya mountain and sight seeing in the Kathmandu Valley the principal attraction
Market
Visitors are predominantly from Europe, but increasing number from Asia as well as America
Sales & Marketing Strategy
Over 30 years of established reputation and market base will be promoted to new market in the U.S. and elsewhere through agents around the world
Management Team
Seasoned and long employed staff will remain in place
Next Steps
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