Villa 101 Oceanfront Villa "Villa Nalamu" |
|
Actual Results |
Actual Results |
Forecasts for the next three years |
|
Year to 30/06/06 |
Year to 30/06/07 |
2007/08 |
2008/09 |
2009/10 |
|
| Average Rate (net of VAT & HTT) |
499 |
470 |
|
487 |
501 |
516 |
| Revenue nett of VAT & HTT |
118,791 |
98,215 |
|
107,063 |
114,285 |
121,843 |
|
|
|
|
|
|
|
| Charges |
|
|
|
|
|
|
| Room incentives |
1,428 |
1,254 |
|
1,320 |
1,368 |
1,416 |
| Vouched breakfast |
7,710 |
6,690 |
|
6,960 |
7,200 |
7,440 |
| Daily Servicing |
17,990 |
15,610 |
|
16,240 |
16,800 |
17,360 |
| Utilities |
6,500 |
6,502 |
|
6,500 |
6,500 |
6,500 |
| Management |
3,564 |
2,946 |
|
3,212 |
3,429 |
3,655 |
| Overheads |
10,600 |
10,602 |
|
10,600 |
10,600 |
10,600 |
| Credit card Commission |
1,188 |
982 |
|
1,071 |
1,143 |
1,218 |
| CPI Cost increases |
0 |
2 |
|
1,800 |
3,600 |
5,400 |
|
48,980 |
44,589 |
|
47,703 |
50,639 |
53,590 |
| Gross Operating Profit |
69,811 |
53,627 |
|
59,360 |
63,645 |
68,254 |
|
|
|
|
|
|
|
| FF&E/Sinking Fund |
4,752 |
3,929 |
|
4,283 |
4,571 |
4,874 |
| NLTB Rent |
3,267 |
2,701 |
|
2,944 |
3,143 |
3,351 |
| Insurance |
2,800 |
2,800 |
|
2,800 |
2,800 |
2,800 |
| Body Corporate/ barstock developments |
0 |
2 |
|
2,141 |
2,286 |
2,437 |
| MGR Incentive fee |
5,236 |
4,022 |
|
4,452 |
4,773 |
5,119 |
| Net profit |
53,757 |
40,173 |
|
42,740 |
46,072 |
49,673 |
|
|
|
|
|
|
|
| Paid Room Nights |
238 |
209 |
|
220 |
228 |
236 |
| Promotional |
19 |
14 |
|
12 |
12 |
12 |
| Occupied Room Nights |
257 |
223 |
|
232 |
240 |
248 |
|
|
|
|
|
|
|
| Occupancy % Paid |
65% |
57% |
|
60% |
62% |
65% |
|
|
|
|
|
|
|
| ROI based on $895,000 selling price. |
6.0% |
4.5% |
|
4.8% |
5.1% |
5.6% |
|
| Overheads include but are not limited to gardening , security, upkeep, IT, administration, accounting and management staff, marketing and promotion |
| Value of 8 weeks owner occupancy at rack rate approx $40,000. |
| Actuals for 2006/07 are actuals to May 2007 with forecast for June based on held bookings |
|
|
