Introduction
Top UK hotel management company is seeking investment funds to acquire a traditional 19th-century Victorian-style hotel located in one of the most picturesque areas of the country. Built on a 50,000 m2 plot of land, the hotel has a total of 145 rooms and offers a number of amenities. Gross yield for the first year is expected to be around 14%. What the management company suggests is a partial renovation that will contribute to an increase in profit by 7% within five years.
Additional Facts
- No of Bedrooms: 2 singles, 30 twins, 77 Doubles & 5 suites
- Meeting Rooms: 12
- 2019 Rev: €3,100,000
- EBITDA: € 0,45milllion
- Wedding organized in 2019: 75
- Leisure facilities: Gym, Pool, jacuzzi, steam room, spa
SWAT Analysis
- Strengths
- Close to City Center
- Good property for weddings and social events
- Nice grounds within the hotel
- Weaknesses
- Tired property and some areas need attention but an overall refresh is required
- Although close to City center not easy access to the center
- Opportunities
- The yield management system will be implemented
- More weddings and social events
- Introduce leisure groups
- Threats
- Underperforming city center hotels and as a result, they offer discounts to attract business. This has a knock-off effect on the hotel rate
Picture Gallery
Amazon Waverly 1
Amazon Waverly 2
Amazon Waverly 3