Showing posts with label Tourism. Show all posts
Showing posts with label Tourism. Show all posts

Saturday, October 28, 2017

Why is tourism in Antarctica so expensive? Why don't they expand the tourist industry and decrease the prices?

Find me enough people who want to travel there and spend a few days to keep a 60-to-80 room hotel about 60 to 80% full on a daily basis at $1000–1500 per night (there'd be a lot of logistical factors to think about including snow removal, heat and electricity; none of which will be as attainable or as easy as it would be in a less desolate place with at least some infrastructure; before we even go there about vastly increased construction costs, so I'm not confident we could get the rates down even that low. . .); and perhaps we'll give a little more thought to putting a hotel there.



Until then, we're not making any big plans to go there for the same reason we don't want to build a hotel in Hell, or in some ISIS-controlled area of Syria, or in some small warlord-controlled town in Somalia or drug cartel-controlled village in Honduras, or in the middle of the Sahara Desert . . . because nobody wants to go there and there's no market for it.

Accordingly, anyone who does have a reason to go down there and spend a few days has to be able to bear the entire cost of what is required for them to stay (or survive) there . . .

Originally appeared on Quora

Wednesday, February 1, 2017

Hotels for sale: Quality Inn, Sneads Ferry NC (No longer available)

Image result for quality inn north topsail beach

Property offering


Listing broker: Jonathan Ruprai, Marcus and Millichap, via Loopnet
TripAdvisor reviews: Bubble score 4.0



Property website:

Quality Inn Sneads Ferry (Choice Hotels child site)


Asking price$3,800,000Given
Number of rooms68Given
Annual gross$1,241,000.00Calculated
Occupancy58Calculated
ADR$85.00Given
REVPAR$50.00Given
Room revenue multiplier3.06Calculated

The facility:

This facility was formerly a Holiday Inn Express.



Image result for quality inn north topsail beach


The market:

Even this property's negatives work in its favor.  This one is doing well even with a Quality Inn franchise, yet has some potential. It's in a beach resort area that has needed a hotel for a long time, but it's also near some demand generators so that you're not entirely dependent upon the beach resort.