Guest Houses Seeking Loan

- The land proposed to be used to construct the hotel or guesthouse is located in a prime area in the south region of Male. - A startup company right now is engaged in renting accommodations. - Seeking funds for a tourism startup business in the Maldives that provides combo hotel packages, transfers, activities etc.

- The occupancy rate of guesthouses is 80% throughout the year. - We are available on bookings. com, and Air BnB and we receive around 5-6 booking daily through the platform. - Guest house have 4 rooms in total. - The guest house has a small cafe where we serve food. - The financials mentioned is for both the guest houses together.

We are a locally owned village guest house and conference facility. Located in the beautiful Busamang village in the Salamaua Coastline of Huon District, the facility comprises an 8-men room accommodation facility, a 150-seater conference facility, and a recreational area at its epicenter. The facility provides not just accommodation but incorporates visits to clear waterfalls, sea exploration, bird watching, leatherback turtle observation, and last but not the lest taking a bath in the clear pristine waters of the Busama Coastline. The guest house sits on an ideal 150m x 200m land space and is surrounded by lowland forest vegetation and white sandy beaches. The facility was recently built to accommodate the ever-increasing demand for tourism activities in and around the Salamaua Peninsula of Morobe Province. Due to the increase in the demand for proper facilities, the management of the facility embarked on a mission to improve the facility through expansion of the existing facility to meet the growing number of visitors and tourists and to provide additional amenities such as proper latrine facilities, water supply, electricity, and other necessary facilities to give the tourist the experience of a lifetime. The guest house had its first lot of tourists who came to visit for the weekend. We also have day travelers who normally visit to spend the day at the beach or take a hike to the waterfall. Just within a span of three months heading into the Christmas and new year period, we had an influx of visitors who traveled in for holidays, however, we didn't have enough facilities to accommodate them. The current accommodation setting can only cater to 10 people.

- Hotel provides high-class services. - Our place gets more popular since our opening in 2016. - Each year we show the growth of clients by 30% total not including regular customers. - We have a good rating on Booking. com (9.5/10) plus many other websites. - So far we have a unique concept and no competitors from a general point of view of our services, location, comfort, etc. - Our sales and profitability have been impacted due to the prolonged war in the region.