South Island Tourism Hotspot Hotel BusinessListing: #HC00092
About this Business for sale in Central OtagoSouth Island Tourism Hotspot Hotel Business
This near-new, large hotel is presented in pristine condition and has the added stability of being part of one of the world’s leading hotel groups, which has over 9,200 hotels across 80 countries.
This very impressive 4-level hotel, superbly located for every tourism purpose and every visitor group, with every option on the doorstep – skiing, boating, adventure tourism, golfing etc. The hotel boasts guests from both domestic and international sources and enjoys a very significant business and corporate market.
This large hotel offers a selection of accommodation options, with suites ranging from studios, through to 1,2 and 3 bedroom apartments, to capture all level of guest requirements. Amenities include a very well equipped fitness centre, a purpose-built ski dry store and an on-site award-winning café.
- Mouth-watering income
- Lengthy lease
- Minimal staff required
- Amazing growth region
- Minimal management hours required
- Maximum lifestyle opportunity
- World class tourism destination
We expect this very substantial and significant accommodation business to be purchased by an astute investor who can appreciate the long term advantages of being involved in an industry that will come back stronger than ever once the border restrictions are lifted. The occupancy of this property has a higher percentage of domestic guests than overseas tourists.
Make no mistake – opportunities to buy into such an exclusive listing, do not come around very often.
Note: Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.