TOTAL: 3.94 MM USD
Total sale of the hotel project which is currently under construction.
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 regarding tax 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
- Established conflict resolution mechanisms
* Note: Benefits apply when the current infrastructure is remodeled or expanded.
- # domestic tourists: 2,751,056
- # international tourists: 658,551
- Luxury hotel occupancy: 66.78%
- First hotel occupancy: 43.07%
- Luxury average rate: 86.42 USD
- Luxury average rate: 60.21 USD
- Revpar luxury: 57.7 USD
- First Revpar: 25.9 USD
Total: 8,333 m2
The property is located in the zone of Playas, which is a tourist paradise for its welcoming landscape and natural beauty, so it is considered one of Ecuador’s attractive destinations, with wonderful weather and close to all other cities; this makes it a destination frequented by tourists.
Hotel infrastructure under construction with the following distribution:
- Social and recreational area with two pools (children and adults) adjecent to the beach, restrooms and dressing rooms
- The hotel building is comprised of a ground floor, six upper floors with rooms, an open terrace and a basement
- Accessibility: the main access road is a primary street
- Utilities: water, electricity, telephone, internet coverage
Organic Code of Production, Trade and Investments.
- Province: Guayas
- Canton: Villamil Playas