The Elephant Kraal has a competitive advantage over other tourism establishments in the area. It is the only establishment that offers full title to private lodge owners at a more reasonable price than its closest competitors. The hotel will have an advantage over the existing Jozini Tiger Lodge because it has both access to the Jozini dam and game reserve.
Tourists will not need to be transported distances to view game as is with the Jozini Tiger Lodge.
The success and failure of any tourist accommodation business to a large extent depends on the occupancy rate. The higher the occupancy rate the more profitable the business becomes. It is however important that the occupancy rate increases with time due to increased popularity of the tourist accommodation establishment
● Services, roads and electrical 90% completed.
● 2 full title units are completed and another 2 are under construction.
● 2 of the 72 hotel rooms are under construction.
● Tennis Ranch owns 3 farms and will have 100% shares in a built hotel consisting of restaurant, conference rooms, kitchen, boma and spa and 24 rooms.
● The hotel and rooms can be built out of the profit of selling the 48 hotel rooms and 16 full title stands.
● Profit from all sales and construction R39 520 000, rooms and land sales plus construction profit.
● Profit from game Tennis Ranch Property Pty/Ltd owns 20% of all game in reserve.
● The land is unencumbered and profits are available from the word go.
● The vast amount of land is the key for future growth in capital.
● Surrounding venues have a high occupancy rate, up to 90% all year round.
