Investment

TOTAL: 3.94 MM USD


Management Model

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.


Tourists

  • # 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


Property Information

Total: 8,333 m2


Project Details

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.


Technical description of the Project

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 and Utilities

  • Accessibility: the main access road is a primary street
  • Utilities: water, electricity, telephone, internet coverage


Regulatory Framework

Organic Code of Production, Trade and Investments.


Location

  • Province: Guayas
  • Canton: Villamil Playas