HOLIDAY RESORT - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project
PROJECT DESCRIPTION
India is a booming hospitality market, yet it has minuscule contribution to the timeshare business model existing worldwide. USA alone comprises two-thirds of the global market. Though vacation ownership has been growing at a CAGR of 20 per cent for the last three-four years, and has become the reason for resort developments in India, the concept of timeshare is still not understood well enough here. There are a number of products in leisure real estate development where India has potential to embark on a growth journey. It is the timeshare concept that will take resort development in India to new heights and unexplored locales.
The market for timeshare models is huge, and more importantly, domestic traffic is adopting a lifestyle that supports the timeshare model. The customized leisure travel options in India are limited and therefore more circuits need to be developed, which can be done through resort development. Also, there is a need to address customers with consumer friendly policies, since vacation ownership resorts have potential to be developed in hills, beaches, wildlife zones, plantations and even health circuits. The interesting fact is that resort development is going to pilgrim spots as well. Therefore, we can look forward to three to four key products in this category; namely, traditional timeshare, condominium hotels, traditional fractional and private residence clubs.
Holiday resort business is very flourishing these days not only in India but it has brilliant prospects in all over world. The class of people and many people from higher and medium class like to take advantage of holiday resorts on many occasions.
After oil the world tourism is the largest single items of international trade today with the increase in education discretionary income and in leisure and paid holidays, travels that grown rapidly in recent years. Such magnitudes of increase are accompanied by pressure for facilities for increased numbers view thus holiday resorts become an integral part of tourism infrastructure of the country. In India there is a big gap of availability of leisure places. It can be clearly indicated that there is very good scope for holiday resorts in India due to increase of foreign and Indian tourists.
| Plant capacity |
Plant & machinery |
Working capital |
Cost of Project |
T.C.I |
Return |
Break even |
| 30 Room |
147 Lakhs |
- |
0 |
1239 Lakhs |
41.00 |
35.00 |
