We are building a hotel and resort beside the famous Santiago Bay in Camotes Islands the third most tourist visited location in Metro Cebu (1st - Bantayan Island & Malapascua) (2nd - Moalboal and Oslob) which is the Second Largest Metro Region outside Metro Manila with a population of 4-6 Million People full of Call Centers and middle income people. Camotes Islands are only 2 hours away from any major Metro Cebu City (Cebu City - via fastcraft oceanjet Pier 1 City Docks) (Lapu2x City, Greater Mactan, Mandaue City - via fastcraft from Mactan Wharf) (Danao City, Lilloan, Consolacion - Danao Port). Camotes Islands receive an average of One Hundred Thousand Tourists Pre-Covid and most likely after Covid every year of which 80,000 are local tourist and 20,000 are foreign tourist (information supplied DOT R7) and the number of rooms currently available in Camotes Islands specifically Municipality of Poro and San Francisco 4,000 rooms only. Santiago White Sand Beach is also the Second Most visited location on the island right behind tuland diot islets and just above Lake Danao Fresh Water Lake. The number of rooms available in Santiago Bay is only about 500 only so their is a great need for rooms for tourists. For Context Santiago White Beach Hotel currently has 100% occupancy during weekends and peak season and 60% occupancy during weekdays thereafter with annual revenue of 1.2M to 1.5M per month, we base this on the fact that the owner of said resort Mr. Joel Formentera is DOT Chairman for Camotes Islands and has given this information to us as we currently own a 20 Unit Hotel and Zipline in Lake Danao, Camotes Islands. This is a great investment for anyone who wants a safe bet and good investment into the future. The hotel we are raising capital for is 48 rooms in the center of Santiago Bay and so Occupancy is expected to be high. We also are stable in our finances as we currently own and operate subdivisions in Camotes and Carcar City, Apartment Buildings in Cebu City right in the Center of its University Belt and hold the only hotel and zipline in Lake Danao Camotes Islands.
Start Date: 07 December 2020
End Date: 06 April 2021
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