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We are the luxury Ritz Carlton Hotel
The grand opening of the Ritz Carlton Tel Aviv will be in August of 2020
Our clientele will consist of businessmen and
affluent tourists
We will be located on the beach of Tel Aviv, just a few minutes from the city
Luxury is our top priority in serving our guests
We strive to:
1. Serve our guests lavishly
2. Build in best, most luxurious locations
3. Service quality through personal relationship
"Each Ritz Carlton should be equal or better than the other"
In following our budget planning, we hope to recoup building expenses within 15-20 years
Employees gather at the end of each day to discuss their achievements
We provide the highest standard experience for our guests
i. Location:
ii. Product
iii. Employees
We value:
Won the Malcolm Baldridge National Quality Award twice
DAN TEL AVIV
• “Give service beyond expectation”
ISROTEL – ROYAL BEACH TEL AVIV
• “Guarantee satisfaction – if there is a problem
we take care of it.”
Investigatory 50,000
Land Acquitsition Cost/Property 50,000,000
Intangibles 3,000,000
Financing Fees 10,000,000
Project Supervision 1,475,000
Construction 110,000,000
Testing 1,500,000
Professional Fees 500,000
Floor Coverings 3,000,000
Wall Coverings 1,000,000
Furniture 1,000,000
Decor & Accessories 6,500,000
Lighting 5,000,000
Swimming Pools and Equipment 1,575,000
Contracts 1,000,000
Equipment 5,000,000
Linen 1,000,000
Operating Supplies 500,000
Advertising and Promotion 1,000,000
Employee Recruitment and Relocation 450,000
Trash Removal 300,000
HILTON TEL AVIV
• “Feel at home while finding new experiences and discovering something different. Hilton sets the stage for your story.”
The operations cost for the first year will be 718,000,000.
Total: 210,550,000
Who will be Investing:
The pre-opening expenses will be 210,550,000.
We, the owners, will be investing 30 million each.
Total funding from investors is 718,550,000.
Total Planned Investment: 928,550,000
DAVID INTERCONTINENTAL
• “Warm cultural sophistication
meets Mediterranean sunset.”
By the third year we will make over $350,000,000 in sales.
We hope to increase revenue
15% annually.
We hope to grow 5% month by month, increasing as we become more popular and more of a regular for all of our customers' business travel needs.
Operating Costs of a Hotel:
• Peak Season
• Valley Season / Off Season
• Shoulder Season
$375 per room per night - $4,000 per room per night
We will give even better service than our competitor by:
- training our staff in hospitality, culture and language to make our guests feel at home.
- providing our guests with every need, no matter the expense, at the same time treating them with the respect of ladies and gentlemen.
- building customer loyalty by making our guests a part of the Ritz Carlton family.
- creating a luxurious experience that is more luxurious and sophisticated than our competitors could ever create.
What are their secrets to marketing strategy success?
Ritz Carlton sells and ensures the highest standard in elegance for those who travel around the world either for business or pleasure.
Tel-Aviv brings a cool contemporary elegance to a treasured ancient land with rich history.
This exquisite luxury Tel-Aviv hotel expertly blends the modern and the traditional for an exhilarating Israeli experience.
The Tel-Aviv Ritz Carlton offers many amenities that are unique to Israeli society.
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