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Cusco Peru 70 Unit Hotel Project Four Star What is Cuzco? Cuzco, has become the stop over city to view the famous Machu Picchu Ancient Ruins. The large amount of museums and churches have become Cuzco in the most important tourist to center of Peru. Gateway to Machu Picchu Cusco is one of those rare places -- perhaps like Bali, Katmandu, or Prague -- that seems able to preserve its unique character and enduring appeal despite its prominence on the international tourism radar. One of the New 7 Wonders Machu Picchu Peru, is reported to be among the leaders in the New 7 Wonders contest, which has just surpassed the 45 million vote mark, according to the organizing body -the New7Wonders Foundation. Other sites that are reported to be among the leaders are: the Acropolis (Greece), the Chichen Itza (Mexico), the Roman Coliseum (Italy), the Eiffel Tower (France), the Great Wall of China, and Petra (Jordan). South America for Visitors Top 10 Most Visited South American Attractions - 2006 1) iguazu Falls, Argentina and Brazil 2) Cartagena, Colombia 3) Machu Picchu, Peru 4) Devil's Island, French Guiana 5) Nazca Lines, Peru 6) Angel Falls, Venezuela 7) Cuzco, Peru Where airport is located- Machu Picchu is a 3 hour train ride from Cusco 8) Lake Titicaca, Peru and Bolivia. 9) Mendoza, Argentina 10) Cities from Space Bustling City Abundant Night Life Downtown Cuzco Beautiful City Domestic and Foreign Tourism Growth In Cusco Year 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Domestic 347,668 405,560 417,040 380,532 369,339 339,333 357,812 340,544 324,428 342,030 343,359 478,669 519,898 Foreign 148,963 283,065 394,079 465,596 460,569 524,985 676,947 734,103 683,483 677,197 710,139 1,105,957 1,309,752 TOTAL 496,631 688,625 811,119 846,128 829,908 864,318 1,034,759 1,074,647 1,007,911 1,019,227 1,053,498 1,584,626 1,829,650 Official data from the department of tourism- Cusco 2006 Foreign tourism 1,101,494 2006 Domestic Tourism 405,045 Total 1,506,539 Over 500,000 come from the USA and Europe but there is no major franchise hotels except Best Western * See spreadsheet for Tourism in Cusco categorized by country The top rated hotels in Cusco are: The Monasterio ( 5 star) Libertador (4 star) Novotel ( 4 star) There are a few good 3 star hotels but the majority 2 to 3 star hotels are in average condition to US standards. Competition Hotel Monasterio Four Star Room Information122 units Prices$435 deluxe double; $520$1150 Rates include breakfast buffet minibar, hair dryer, safe Competition Libertador Palacio del Inka 4 star Room Information254 units Prices$185 deluxe double; $215$350 suite. Rates include taxes In Room Amenities A/C, TV/VCR, fax and dataport in some units, minibar, hair dryer, sfe Competition Novotel Room Information 99 units Prices $118-$186 double. Rates include taxes and breakfast In Room Amenities AC, TV, minibar, hair dryer We are looking into some of the We plan to build following franchises:87 rooms The average occupancy rate for the Department of Cusco in 2006 was 65% for a 4 star Hotel Your Return Estimate: at a low $130 Avg. per night for a 70 room hotel at 65% occupancy the estimated net profit of the hotel is: 1,419,433 (see spreadsheet for a detailed analysis) 30% share stays in the company. We are offering a 4% ownership, of the remaining 70%, per every 100,000 invested For example: 1,419,433 x 70% = 993,603 x 4%= 39,744 , which in this case equals to a 39% annual return on your investment Expedia Below are the December rates from expedia for the top hotels. ( Dec. is the slowest month of the year in Cusco) Monasterio $ 330 Libertador $ 205 Novotel $ 130 Site Location Two blocks Away from main plaza Cuzco 1 Site Left side Right side Cuzco 2 Site Cuzco 2 Site
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