5 Stars Luxury Hotel For Sale

Business description

5 stars Luxurios Hotel in Paraguay. It's an excelent building with an stable occupation and sales and great potential.

Hotel Products:
- Moderate Rooms;
- Standard Rooms;
- Luxury Rooms;
- Premier Suites;
- Executive Suites;
- Wedding Suite;
- Presidential Suite;
- Additional Beds;
- MiniBar;
- Room Service;
- Telephones;
- Laundry/Dry Cleaner.

There are 2 excelent Restaurants ("Il Paglaccio" y "Cabaña La Pascuala"), a Lobby Bar, Breakfast Salon, Events' Organizations (the Hotel has 11 Salons including Convention Center), Catering for events, Hairdresser's, Massages, Gym, Play Room, Money Exchange, amenities, etc.

As Strong points of this Hotel we can mention several ones:

1) 24 years of service' experience

2) Excellent services' quality

3) 11 Conferences' rooms&Auditorium for events' organization

4) The size of the rooms (they are bigger than conventional Hotel rooms,they have more space which make the rooms more comfortables)

5) The Lobby's size is also a plus. It's big, comfortable, with different areas where people can sit and have a private chat, etc.

6) The Hotel is near Public Offices and State Buildings and all of them are Hotel's clients, just to hostage visitors, etc. or to held events at the Hotel Conferences rooms, etc.

7) Flexibility and capacity of the personnel to solve clients' requests has gain an excellent reputation among all the Hotels. The Hotel has a very personalized treatment with the guests

8)It's located in front of a Shopping Mall (owned by the owners of the Hotel)

9) Hotels around are of lower category and they don't mean a great competence. We can say that the Hotel has a cautive audience from the area where it's located.

Property information

Location:

The Hotel is located at the Centre of the city. It's near the State Offices, Public Buildings, shops, etc.
To be sorrounded by State Offices, etc. makes that when they need to rent a space for a Seminar or a special evento they only can think in this Hotel becouse is the most appropiate of the area, with the best service and style.

Other information

Expansion potential:

In its national market they have 4000 accounts not clients, becouse if we consider clients as individuals they have much more.
We could say their national potential always is a good one due to it's the biggest place in Asuncion where people can find good hostage and services as well as salons for seminars' organization, catering, etc. for hundreds of people. We heve been asking some clients and they told us they always choose them to have their companies' presentations or any event due to their services are excellent.
60% of the sales are repeated which speaks very well of them.

We could say that Foreign potential is good due to at the Hotel there are always different events, seminars, etc. which brings clients from all over the world.
Certain events, such as The Southamerican Football Confederation, Presidential Summits, Mercosur Congresses, etc., make that the Hotel keeps its occupancy with a good foreign potential becouse it's considered as an icon Hotel in Asuncion.

Competition / Market:

Their biggest competitor is Sheraton Hotel which is the industry leader

Reasons for selling:

It's a family business and they decided to change into another business. Two of the shareholders want to dedicate to different activities and the other two ones want to retire.

Contact the seller