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Ele Star Resort Hotel Hospitality
Empangeni, KwaZulu-Natal - South Africa

Ele Star Resort Hotel Hospitality Empangeni, KwaZulu-Natal - South Africa

Available: 5 yrs, 8 ms ago
Contact: Ele Star
0818669917

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User Since: 31/03/16
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Ele Star Resort Hotel Hospitality Empangeni, KwaZulu-Natal - South Africa

Description

Hotel Design:

Firstly I would like to introduce the project design,Our hotel will be a 5 star + designed with 320 rooms, 32 storey tall. It will be situated at old Alexandra Hotel site in the Durban point. The hotel will be connected to fun activities of uShaka Marine World such as; Dolphin Seeking, Car bumping, Rolar coaster riding, Sky diving, Water tube riding and many more. The hotel will have a luxurious presidential suite on the top floor, a private roof garden, private bar area with pool and Jacuzzi. A entire floor will be dedicated to the hotels restaurant, and another will be dedicated to the hotel convention facilities.
It will also have a pool boasting glass see through walls. Four floors of packing which means the customers wont be using any near by facilities.

Advantages & Disadvantages:

* Investors; Investors will be divided into different sections but will contribute equally. If a investor will be buying land they will send their money straight to the land owner instead of the contributions passing through a certain account of the hotel. Example: If 10 are divided to buy the land then the land amount will be divided into 10 meaning each investor will invest a certain amount with 9 of the other investors. If a investor is selected into buying material then he will send his contributions straight to the shop selling the material. In that case there will be no loss of contributions, if so. the collectors will be the ones to be blamed and be responsible for all return transactions.

 

Timeline:

*From February 2016 - Collection of member contributions will occur until May 2018

*June 2016 - Pre-construction planning will begin until May 2018

*February 2017 - Construction will begin until June 2019

*June 2019 - Hotel Opens

 

Structure:

Investors = 10% each ( R70 000 000 )

Hotel   = 60%    ( R420 000 000 )

( amount above ) buy land and build hotel


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