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Construction Project of Five-star Hotels in Dingyun, Guanling

(chinadaily.com.cn)
Updated: 2015-01-14

Project: Construction Project of Five-star Hotels in Dingyun, Guanling

Industry: real estate

Item classification: other

Construction Type: newly-built

Cooperation: sole proprietorship or joint investment

Introduction

Construction conditions

The newly-built Dingyun Railway Station, the closest one to Huangguoshu Waterfall, has increased the number of visitors sharply.

This project will build a high-end location, integrating catering, recreation and conference rooms, to meet the demands of a high-consumption group.

Industry conditions

Anshun is short of upscale hotels. Therefore it’s hard to satisfy the needs of government and business receptions.

Market prediction

The project will make economic sense in the short term.

Site selection and scale

Floor area: 53,333 square meters

Floorage: 25,000 square meters

Construction content

It will combine accommodation, catering and recreation, supported by exhibitions, shows, conferences and stores. The project covers a planning area of 80 mu and floorage of 25,000 square meters.

Financial index analysis

Gross investment: 480 million yuan ($77.44 million)

Attracted capital: 48 million yuan

Payback period: 4 years

Annual sales revenue: 600 million yuan

Annual return: 120 million yuan

Preferential policies

Provincial, municipal and county-level preferential policies

Contact information of the project’s owner

Name: Bureau of housing and urban-rural development of Guanling

Add: Bureau of housing and urban-rural development of Guanling

Contact: Chen Desheng

Tel: +86 13985319612

Contact information of the project’s service unit

Name: Investment promotion bureau of Guanling

Add: Investment promotion bureau of Guanling

Postcode: 561300

Contact: Bian Jiang

Tel: +86 853-7516002; +86 18984538099

Fax: +86 853-7516092