TOTAL: 2 MM USD
Investor: 1.5 MM USD (74%)
Property: 0.5 MM USD (26%)
Recovery Time: 6 years
Joint Venture type of association to build the Guaranda Inn hotel.
Benefits for the investor
Through the signing of an investment agreement with the Ecuadorian government, recorded as a public deed, reception of benefits are guaranteed.
- Stability on incentives for up to 15 years, renewable once (maximum validity of 30 years)
- The company may request total or partial reduction of duties for any capital goods imported
- Exemption of foreign exchange taxes on financing operations
- Establishes conflict resolution mechanisms
- # domestic tourists: 75,953
- # international tourists: 3,605
- Hotel occupancy: 33.17%
- Average rate: 46.64 USD
- Revpar: 15.50 USD
Land: 3,996 m2 (Contribution of domestic investor).
Privileged location of the construction site with a 360o view dominated by the snowcapped Chimborazo; this would give a new perspective to the center of the country for the province’s socio-economic growth.
The facilities have:
- 42 rooms
- 1 meeting room
- Accessibility: the main access road is a primary street
- Utilities: water, electricity, telephone, internet coverage
Organic Code of Production, Trade and Investments.
- Province: Bolívar
- Canton: Guaranda, Amigo del Hogar Street s/n and Río Guayas Street, Chávez Parish in the La Humberdina area