Holiday Inn Ixtapa - WynnDcorp · 2011. 10. 19. · Ixtapa-Zihuatanejo, Guerrero. C.P. 40884,...

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Website: www.wynndcorprealty.com Email: [email protected] Fax: 770-783-8358 1780 Setzer Cove Road, Maggie Valley, NC 28751 Professional Affiliations: National Association Realtors – North Carolina Association Realtors Haywood County Board of Realtors – Haywood County MLS – Resort & Recreational Specialist Worldwide Recreation & Resort Sales Council – Real Estate Cyberspace Society – REBAC WynnDcorp Realty Email: [email protected] Phone: 828-926-5060 Holiday Inn Ixtapa 5 Star Luxury Hotel – new in 2005 Excellent upside Av. Paseo del Palmar, esquina Agua de Correa Ixtapa-Zihuatanejo, Guerrero. C.P. 40884, Mexico EXECUTIVE SUMMARY This document is for private distribution only and it contains confidential information not to be disclosed to third parties. GENERAL Holiday Inn ® Ixtapa is one of the newest 5 Star De Luxe hotel in Ixtapa, Mexico, an enjoyable destination. This hotel was finished in April 2005 and due to personal and family concerns the owners have decided to sell it though they have put a lot of effort to open it. Ixtapa is located on La Costa Grande of the state of Guerrero fronting the Pacific Ocean about 240 kilometers (144 miles) northwest of Acapulco. Both Acapulco and Morelia are about 4 hours driving time from Ixtapa and the greater area of Zihuatanejo. Zihuatanejo is a town with family-run guest inns, luxury boutique hotels, condominiums, and vacation lodgings that overlook the bay and beaches as well as the homes, apartments, stores, shops, and businesses that make up its thriving community.

Transcript of Holiday Inn Ixtapa - WynnDcorp · 2011. 10. 19. · Ixtapa-Zihuatanejo, Guerrero. C.P. 40884,...

Page 1: Holiday Inn Ixtapa - WynnDcorp · 2011. 10. 19. · Ixtapa-Zihuatanejo, Guerrero. C.P. 40884, Mexico. EXECUTIVE SUMMARY This document is for private distribution only and it contains

Website: www.wynndcorprealty.com Email: [email protected] Fax: 770-783-8358 1780 Setzer Cove Road, Maggie Valley, NC 28751 Professional Affiliations: National Association Realtors – North Carolina Association Realtors Haywood County Board of Realtors – Haywood County MLS – Resort & Recreational Specialist Worldwide Recreation & Resort Sales Council – Real Estate Cyberspace Society – REBAC

WynnDcorp Realty Email: [email protected] Phone: 828-926-5060

Holiday Inn Ixtapa

5 Star Luxury Hotel – new in 2005 Excellent upside

Av. Paseo del Palmar, esquina Agua de Correa

Ixtapa-Zihuatanejo, Guerrero. C.P. 40884, Mexico

EXECUTIVE SUMMARY

This document is for private distribution only and it contains confidential information not to be disclosed to third parties.

GENERAL Holiday Inn ® Ixtapa is one of the newest 5 Star De Luxe hotel in Ixtapa, Mexico, an enjoyable destination. This hotel was finished in April 2005 and due to personal and family concerns the owners have decided to sell it though they have put a lot of effort to open it. Ixtapa is located on La Costa Grande of the state of Guerrero fronting the Pacific Ocean about 240 kilometers (144 miles) northwest of Acapulco. Both Acapulco and Morelia are about 4 hours driving time from Ixtapa and the greater area of Zihuatanejo. Zihuatanejo is a town with family-run guest inns, luxury boutique hotels, condominiums, and vacation lodgings that overlook the bay and beaches as well as the homes, apartments, stores, shops, and businesses that make up its thriving community.

Page 2: Holiday Inn Ixtapa - WynnDcorp · 2011. 10. 19. · Ixtapa-Zihuatanejo, Guerrero. C.P. 40884, Mexico. EXECUTIVE SUMMARY This document is for private distribution only and it contains

WynnDcorp Page 2 of 5

Website: www.wynndcorp.com Email: [email protected] Fax : 770-783-8358 1780 Setzer Cove Road, Maggie Valley, NC 28751 Professional Affiliations: National Association Realtors – North Carolina Association Realtors Haywood County Board of Realtors – Haywood County MLS – Resort & Recreational Specialist Worldwide Recreation & Resort Sales Council – Real Estate Cyberspace Society – ICI World

Ixtapa is a government-planned vacation resort area. The hotels and condominiums in Ixtapa along the main beach are mostly high-rises. Lovely luxury homes, condominiums and vacation accommodations also surround the golf courses and the marina as well as the hillsides and smaller beaches. From the Holiday Inn visitors have access to a wide variety of entertainment and amusement options. Please visit the hotel’s website for additional information: Watch Video

RECENT WEATHER CONDITIONS AND THE HOTEL The hotel was not affected by recent hurricane season that destroyed other hotels and facilities in Mexico.

BUSINESS STRATEGY The hotel’s business strategy is based on its access to information sources from Holiday Inn regarding tourism inflow to Mexico and on its direct marketing model. Direct marketing model seeks to identify market requirements in advance to allocate rooms and to approach customers offering a comprehensive service and custom-built amenities and facilities for businesspersons. MARKET Clients range from corporate executives to tourists. Sales and Marketing personnel is prepared to deal with reservations ranging from a single night to extended and multiple ones, and has the ability to quickly react to rapid market variations involving different customer characteristics such as age and groups.

INFRA-STRUCTURE Employees: As of the date of this document the hotel had 105 employees. There are 6 officers in managerial positions, the rest in direct operations. The Company has never experienced a work stoppage due to labor difficulties and believes that its employee relations are excellent. Hotel specifications Commercial name: Holiday Inn Ixtapa The hotel has all the permits and fulfills all the legal requirements for its operation. The actual room mix is as follows: 1st floor: 13 Luxury rooms 2nd floor: 28 Luxury rooms

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WynnDcorp Page 3 of 5

Website: www.wynndcorp.com Email: [email protected] Fax : 770-783-8358 1780 Setzer Cove Road, Maggie Valley, NC 28751 Professional Affiliations: National Association Realtors – North Carolina Association Realtors Haywood County Board of Realtors – Haywood County MLS – Resort & Recreational Specialist Worldwide Recreation & Resort Sales Council – Real Estate Cyberspace Society – ICI World

3rd floor: 28 Luxury rooms 4th floor 28 Luxury rooms 5th floor: 28 Luxury rooms 6th floor: 28 Luxury rooms 153 Luxury rooms

Hotel Services: 1 big swimming pool Kid’s area 2 restaurants (Main and Pool); 1 Gym 3 Bars (Main Bar; Lobby Bar; Pool Bar) 3 Ballrooms (up to 400) Business Center Meeting Rooms Convenience Store Travel Agency

The average room measurements are: 31 m2 or 334 sq. ft.

COMPETITION Based on location, room-price likelihood and quantity of rooms (in alphabetical order):

Hotel NH Krystal Hotel Radisson Hotel Fontan Hotel Barcelo Hotel Continental Plaza Presidente Intercontinental

PROPERTY As of the date of this document the Company performed its operations in a property with a total area of 11,000 m2 or 11,840 sq. ft. – 0.27 acre INSURANCE POLICY Domestic properties are covered by an insurance policy for US$10 million dollars.

LEGAL PROCEEDINGS The Company is not subject to any legal proceedings.

FINANCIAL STATEMENTS & MARKETING PLANS Plenty of information is available for any interested party upon the signing of a Non Disclosure / Non Circumvention Agreement. PRICE: US $13,000,000

CONTACT:

David Wynn, Broker, RRS, RECS, CPS, ABR WynnDcorp Realty International

Send Email

Alternate Email

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WynnDcorp Page 4 of 5

Website: www.wynndcorp.com Email: [email protected] Fax : 770-783-8358 1780 Setzer Cove Road, Maggie Valley, NC 28751 Professional Affiliations: National Association Realtors – North Carolina Association Realtors Haywood County Board of Realtors – Haywood County MLS – Resort & Recreational Specialist Worldwide Recreation & Resort Sales Council – Real Estate Cyberspace Society – ICI World

Phone: 1-828-926-5060

Financial Pro-Forma Review of the financial information and comparsion to the city average occupancy and average room rate strongly indicates this hotel is seriously under performing for it’s potential. At the per key cost of $84,926, excellent upside opportunity awaits.

HOLIDAY INN MEXICO Room Revenue Pro-Forma Year Rm. Rev. Occupancy ADR # Rms

Actual Subject 2008 $1,678,410.00 55.00% $84.00 153 Ixtapa City Average 2008 74.60% $150.00

Subject Pro-forma at City Average $6,249,055.50 74.60% $150.00 153

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Financial InformationAll information herein has been provided by Seller / Accountant

Holiday Inn31-Dec-08

Income - Expense information MXP USD

RevenuesRooms 16,784,095.33 $1,678,409.53F&B 6,746,658.51 $674,665.85Phone 55,668.22 $5,566.82Laundry 23,174.33 $2,317.43Special Events 0.00 $0.00Other 9,265,633.12 $926,563.31

Revenue Total 32,875,229.51 $3,287,522.95

Operative Costs

Sales Cost 1,900,310.58 $190,031.06Employment 4,180,651.12 $418,065.11Departmental 1,750,538.36 $175,053.84Energy 3,006,472.22 $300,647.22Maintenance 1,942,353.64 $194,235.36

Operative Costs Total 12,780,325.92 $1,278,032.59

Administrative Costs

Administrative 4,781,828.11 $478,182.81Sales 3,536,241.52 $353,624.15IHG Fees 824,570.27 $82,457.03Fees 0.00 $0.00Insurance & Bonds 266,868.91 $26,686.89

Administrative Costs Total 9,409,508.81 $940,950.88

Total Expenses 22,189,834.73 $2,218,983.47

Total Revenues 31,866,212.45 $3,186,621.25

Operational Profit / (Loss) 9,676,377.72 $967,637.77

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WynnDcorp Page 5 of 5

Website: www.wynndcorp.com Email: [email protected] Fax : 770-783-8358 1780 Setzer Cove Road, Maggie Valley, NC 28751 Professional Affiliations: National Association Realtors – North Carolina Association Realtors Haywood County Board of Realtors – Haywood County MLS – Resort & Recreational Specialist Worldwide Recreation & Resort Sales Council – Real Estate Cyberspace Society – ICI World

BROKER DISCLAIMER

The information included herein has been provided by third parties and is not verified, or guaranteed for accuracy or correctness by WynnDcorp.

WynnDcorp Real Estate and Business Brokers, David Wynn, Broker believes that the information included herein is correct and accurate but it is not guaranteed. This presentation is offered subject to change, errors, omissions, change in price, prior sale, or withdrawal without notice. There may be additional information available from other sources. We do not warrant the suitability of the offering or property for any particular purpose and do not assure of any future business venture. A history of successful operation does not guarantee future success. Purchasers are hereby advised to consult with their advisors. Watch Video

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IxtapaVacation

Two vacations in one!Pamper yourself at one of Ixtapa's worldclass resorts and stroll the cobblestone

streets of Zihuatanejo only 4 miles away.

Ixtapa lies in the foothills of the Sierra Madres, surrounded by tropical forest and gorgeous whitesand. Much of the action centers around the classy, modern Ixtapa hotel district where you willfind first class shopping, restaurants, nightlife and some of Mexico's most enticing beachfrontresorts.

This is a place where first-time visitors tend quickly to become regulars, where new-comersscheme about how to make it back here and stay longer. Tropical, white sanded beaches are linedwith coconut palms where you can water ski and parasail, hang out on a hammock with a book,snorkel with the many-colored fishes and watch spectacular sunsets at the close of every day.

Championship golf courses are close by, or rent a bike and follow the path to the laid back fishingvillage of Zihuatanejo, just about four miles away. Its seaside cafes, intriguing native markets andseaside promenade, coupled with centuries of tradition, make this area a joy to explore.

The sixteen miles of glorious Pacific coast provide ample water sports from surfing to deep-seafishing. Ixtapa offers the visitor a stretch of more intense and wild surf along Playa el Palmar, it'smain beach. Visitors will find excellent snorkeling spots a short boat trip away at Isla Ixtapa.

With over 25 dive sites from reefs to wrecks, scuba lovers will find plenty of action. Inland you canfind white water rafting, hiking and a zip-line canopy tour, or you may simply want to relax andenjoy a romantic getaway and excitement.

http://www.uapt.com/Ixtapa/ixtapa.html 1/4

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Ixtapa Mexico

http://www.advantagemexico.com/ixtapa/[7/4/2009 4:34:33 PM]

Loading...

IxtapaZihuatanejoKnow Before YouGo. ReadReviews fromReal Travelers.www.TripAdvisor.com

ZihuatanejoVillasXiguacan premierluxury condosWaterfront, full-ownershipwww.xiguacan.com

ZihuatanejoLuxurious, 2bdrms, pricereduced Greatviews BeachSleeps 6www.aviewofthesea.com

IxtapaMexicoIxtapa is usually spoken inconjunction with Zihuatanejobecause the two cities areonly 4 miles apart.Zihuatanejo is an areatargeted by the Mexicangovernment for touristdevelopment . . . but as there was undeveloped beach a few miles away,Ixtapa was born as a destination whose close proximity links it toZihuatanejo.

When choosing a hotel, you should remember that Ixtapa is themanufactured tourism area, while Zihuatanejo has great views of the bayand retains its Mexican fishing village flavor. In other words, Ixtapa ismade up of beaches, hotels, and a shopping strip with its back to theSierra Madre mountains. As previously stated, however, both of thesedestinations are spoken as one because they are so close to each other,you don't have to choose one over the other . . . Just decide which oneyou want to spend most of your time in.

From the Airport :

The Ixtapa-Zihuatanejo airport is located 7 miles south of Zihuatanejoand a taxi will run you around $15 to $20 USD depending on yourdestination. You will also find a ticket counter near the baggage claimarea which sell seats on minivans (Colectivos) that will transport peopleto their hotels in Ixtapa and Zihuatanejo for around $4 to $7 USD.

By Bus :

There is a bus station in Zihuatanejo across from the IMSS hospital onPaseo Zihuatanejo. Tickets are cheap and the busses are far better thananything you will find in the US (speaking of the first class busses). FromMexico City the trip is 9 hours, from Puerto Vallarta 12 to 13 hours, andaround 4.5 from Acapulco.

Ixtapa MexicoTravelPhotos,Customer

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Ixtapa Mexico

http://www.advantagemexico.com/ixtapa/[7/4/2009 4:34:33 PM]

Las BrisasIxtapa HotelInstant onlinequotes for the LasBrisas Hotel inIxtapa, Mexico.ResortVacationsToGo.co

Ads by Google Ixtapa Tourism Ixtapa MX Merida Hotel Ixtapa Travel

Web www.advantagemexico.com

Ratings &Reviews. Saveon Travel toIxtapa.www.Expedia.com

Ixtapa | Ixtapa Attractions | Ixtapa Hotels | Ixtapa Restaurants | Ixtapa Weather

Mexico | Acapulco | Aguascalientes | Campeche | Cancun | Chihuahua | Cozumel | Ensenada | Guadalajara | Guanajuato | Huatulco | Ixtapa |La Paz | Los Cabos | Manzanillo | Mazatlan | Merida | Mexico City | Monterrey | Morelia | Oaxaca | Playa del Carmen | Puebla | Puerto Vallarta |

Queretaro | San Cristobal de las Casas | San Luis Potosi | Tijuana | Tulum | Zacatecas | Zipolite

© 2008 Advantage Mexico all rights under copyright reserved : Ixtapa Mexico

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Photo Tour of Zihuatanejo Guerrero Mexico - Great Photos of Zihuatanejo & Ixtapa

http://www.zihuatanejo-ixtapa.com/phototour1.html[7/4/2009 4:29:48 PM]

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ESPAÑOL NEWS! Local General Info Saturday 4 , July , 2009

Zihuatanejo Photo Tour - Page 1

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Welcome to the Zihuatanejo PHOTO TOUR pages! If you have a photo ofZihuatanejo, Ixtapa or any of the surrounding communities and you'd like to see ithere please submit it to us at [email protected]. Please includeyour name so we can give you credit for the photo.

*NOTE - Please give the images time to load. Photo enlargements will open in a new window. You can close thatwindow when finished viewing the photo. This page will still be here.

An aerial view of Zihuatanejo Bay, with Majahua beach and Ixtapa to the left of the Bay.

The Zocalo, or Town Square which is locatedfronting the town beach in downtownZihuatanejo.

CLICK ON IMAGE TO ENLARGE

Other view of the Zocalo, downtownZihuatanejo.

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Photo Tour of Zihuatanejo Guerrero Mexico - Great Photos of Zihuatanejo & Ixtapa

http://www.zihuatanejo-ixtapa.com/phototour1.html[7/4/2009 4:29:48 PM]

CLICK ON IMAGE TO ENLARGE

View from the beach of local seafoodrestaurants. A nice place to relax in theshade with a drink and watch the localfisherman bring in their catch of the day.

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CLICK ON IMAGE TO ENLARGE

View from town beach "Playa Principal" in downtown Zihuatanejo.

Our local fisherman launching their boat

CLICK ON IMAGE TO ENLARGE

Bay and pier of Zihuatanejo

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Photo Tour of Zihuatanejo Guerrero Mexico - Great Photos of Zihuatanejo & Ixtapa

http://www.zihuatanejo-ixtapa.com/phototour1.html[7/4/2009 4:29:48 PM]

CLICK ON IMAGE TO ENLARGE

Take a walk along our boardwalk called"Pase del Pescador" to the pier

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A typical local cafe along the boardwalk

Artisan market along the boardwalk

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