4 Star Hotel/Resort , West Africa. - CAMHKB

The project sponsor owns a substantial site on the West Coast of Cameroon and is considering developing a quality hotel. The proposed scheme includes an internationally branded, quality hotel with 189 guestrooms, comprising 177 standard rooms and 12 suites spread across nine floors. With the hilltop location, even rooms on the lower floors will have sea views. Rooms facing away from the Atlantic will have inland views over the forests and greenery in the surrounding regions as well as the 18-hole golf course. The project also includes four apartments for hotel staff, one restaurant with a capacity of 138 people, a banquet hall for up to 200 people, and an additional function room for up to 80 people. There will be a ground floor swimming pool. The landmark establishment of the proposed project will be the rooftop bar and lounge as well as the rooftop infinity pool and spa with fitness facilities and treatment rooms. The project comes with a feasibility study showing the project to be very competitive, profitable, and capable of making loan repayments.
USD Year 1 Year 2 Year 3 Year 4 Year 5
Turnover
$4,298,879
$4,921,762
$5,503,772
$5,724,204
$5,920,170
EBITDA
$3,548,061
$3,921,657
$4,233,273
$4,270,994
$4,274,387
%
33.1%
31.9%
30.7%
29.8%
28.9%
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