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Nepal Tourist Hotel - established successful

Kathmandu, Bagmati, Nepal
Listing ID:142
Funding Amount Needed : $10,000,000
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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