This hotel was finished in April 2005 and due to personal and family concerns the owners have decided to sell it though they have put a lot of effort to open it.
Location, identity and financial information available in full presentation
The location is fronting the Pacific Ocean northwest of Acapulco. Both Acapulco and Morelia are a few hours driving time from “the city. An area with family-run guest inns, luxury boutique hotels, condominiums, and vacation lodgings that overlook the bay and beaches as well as the homes, apartments, stores, shops, and businesses that makes up its thriving community. The location is a vacation resort area. The hotels and condominiums in The location along the main beach are mostly high-rises. Lovely luxury homes, condominiums and vacation accommodations also surround the golf courses and the marina as well as the hillsides and smaller beaches. From the Holiday Inn visitors have access to a wide variety of entertainment and amusement options.
Recent Weather Conditions and the Hotel
The hotel was not affected by recent hurricane season that destroyed other hotels and facilities in Mexico.
Business Strategy
The hotel’s business strategy is based on its access to information sources from Holiday Inn regarding tourism inflow to Mexico and on its direct marketing model. Direct marketing model seeks to identify market requirements in advance to allocate rooms and to approach customers offering a comprehensive service and custom-built amenities and facilities for businesspersons.
Market
Clients range from corporate executives to tourists. Sales and Marketing personnel is prepared to deal with reservations ranging from a single night to extended and multiple ones, and has the ability to quickly react to rapid market variations involving different customer characteristics such as age and groups. INFRA-STRUCTURE Employees: As of the date of this document the hotel had 105 employees. There are 6 officers in managerial positions, the rest in direct operations. The Company has never experienced a work stoppage due to labor difficulties and believes that its employee relations are excellent.
Hotel specifications
Commercial name: Holiday Inn The location
The hotel has all the permits and fulfills all the legal requirements for its operation.
The actual room mix is as follows:
1st floor: 13 Luxury rooms
2nd floor: 28 Luxury rooms
3rd floor: 28 Luxury rooms
4th floor 28 Luxury rooms
5th floor: 28 Luxury rooms
6th floor: 28 Luxury rooms
153 Luxury rooms
Hotel Services:
1 big swimming pool Kid’s area 2 restaurants (Main and Pool); 1 Gym 3 Bars (Main Bar; Lobby Bar; Pool Bar) 3 Ballrooms (up to 400) Business Center Meeting Rooms Convenience Store Travel Agency The average room measurements are: 31 m2 or 334 sq. ft.
PROPERTY
As of the date of this document the Company performed its operations in a property with a total area of 11,000 m2 or 11,840 sq. ft. – 0.27 acre
Insurance Policy
Domestic properties are covered by an insurance policy for US$10 million dollars.
Legal Proceedings
The Company is not subject to any legal proceedings.
Financial Statements & Marketing Plans
Plenty of information is available for any interested party upon the signing of a Non Disclosure / Non Circumvention Agreement.
PRICE: US $13,000,000
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