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Can A 200m Naira Hotel Generate 80 Net Per Anum (434 Views)
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Educationalserv: 6:04pm On Jun 08 |
Person with hotel business or Airbnb experience can a Investment of 200m I. Hotel generate 80m net per Anum ?
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cantiride2: 9:31pm On Jun 08 |
200m naira hotel getting a return of 80m seems to be very high.A lot of expenses to factor such as salaries,electricity,maintenance and other miscellaneous expenses.Also how many rooms does the hotel have?what kind of location is the hotel situated?Does it have a club,bar,gym to attract revenues from those streams.
3 Likes |
Sp33i: 7:18am On Jun 13 |
Educationalserv: I have a solid biz initiative and proposal. How can i get it across to you ? |
Educationalserv: 9:41am On Jun 13 |
Sp33i:no be only Solid na Solidified take your proposal to the bank 2 Likes |
Sp33i: 9:52am On Jun 13 |
Educationalserv: Wow. Is this how elites ought to behave ? Isn't it you who created a thread publicly calling for ideas ? Anyways, your loss. |
Educationalserv: 9:59am On Jun 13 |
Sp33i:I no Loss anything . Person wai dey be Pharmaceutical products dealer na him you wan give ideas you no serious |
Sp33i: 10:00am On Jun 13 |
Educationalserv: You posted threads calling for ideas to which i responded to. Our education should make us open and not closed. Openness leads to new ideas, new ideas creates new mental pathways and possibilities we may be completely shocked about. This is why we get educated. To be perpetually open to new ideas and prospects.. Nonetheless, it's your loss again i emphasize. I no kuku broke. My threads confirm it |
Educationalserv: 10:02am On Jun 13 |
Sp33i:can a 200m hotel Generate 80m net ? That the question !no body calls for any ideas and I don't need you ideas Question is straight forward |
Sp33i: 10:03am On Jun 13 |
Educationalserv: No chizy, build your hotel in peace. Enjoy mate |
Educationalserv: 10:05am On Jun 13 |
Sp33i:I Assure you ! I dont need your business ideas take your Hunting somewhere else and don't derail the Thread |
Educationalserv: 10:08am On Jun 13 |
Sp33i:Enjoy your farm .wetin concern me with Farms |
Sp33i: 11:06am On Jun 13 |
Educationalserv: Sir, please it's okay. I have left you in peace since a while ago |
EMIOMOADEOYE: 11:58am On Jun 14 |
Educationalserv: It's not that simple. What kind of hotel is it? Where is it located? You biggest headache in the hospitality business is power. That is what will take the biggest chunk of your overhead. |
Educationalserv: 12:04pm On Jun 14 |
EMIOMOADEOYE:Middle income Environment hotel room goes for 35k in the location . My entry price will be 28k then Litmum solar systems for energy source and Band A grid electricity |
EMIOMOADEOYE: 12:18pm On Jun 14 |
Educationalserv: Ok...so at 28k per night.... You're looking at 80m/12 months = 7M per month approx 7M / 28k = 250 nights per month (means you need to sell 250 nights per month to hit 7M) 250nights/ 30 days = 8.33 (means you need to sell 8.33 night stays per day to hit that target) So if you have sufficient space for 10 rooms and you can fill that 10 rooms every night, you should hit 80M per annum .....THEORETICALLY As you may have noticed, this is an extremely simplistic breakdown that does not factor a lot of things. As an investor, you probably know how to fill in the blanks and make yourself a much more realistic projection. But this forms a basis for you to decide if this is viable or not. Can you conviniently fill 10 rooms everyday? What about 20, 30, 40...... ![]() |
Educationalserv: 12:24pm On Jun 14 |
EMIOMOADEOYE:looking at 50 percent Capacity of the 20 Rooms then other ing business like Restaurant income can be use as over head While the Room sale become net income . |
EMIOMOADEOYE: 12:46pm On Jun 14 |
Educationalserv: Possible. But you need to have a water-tight plan. The Food and Beverage aspect of your business is a very fertile ground for staff theft and wastage. Infact, if your plan is not solid enough, staff fit build house on top your business oo That's an entire business of its own. So make sure that you have that part locked down. Same goes for your consumables and store items. A viable alternative is to outsource some aspects. Stuff like Sharwarma, Suya, Asun etc....all those other side attracting. Operators will simply pay you ground rent. That can bring you additional foot traffic especially for your beverages. |
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Power From Human Waste Could Light Millions Of Homes – UN University
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