Dolomites Hotel, Canale D'agordo, Italy

HOTEL CONSTRUCTION

Construction Date: 1979, Refurbishment Date: 2012, Land Plot: 3000 m2.

AMENITIES

Demand Generators: Near to Alpe Lusia/San Pellegrino Ski Area, built on Unesco World Heritage site. Facilities: Kitchen, restaurant, terrace, garden, private parking (large carpark), Separate 2-bed apartment for the family who operates the hotel.

ROOMS

Mix of Rooms: 1 bed (total: 3 rooms), double and triple rooms (total: 16) and family rooms (total: 4) Room Features: All rooms feature views of the mountains and are finished in classic, wooden chalet design.

LOCATION INFORMATION

Local Area Profile: Falcade is a village in the Belluno Dolomites. It is on the Venetian side of the Alpe Lusia/San Pellegrino Ski Area. Near to Centro Fondo Pietro Scola ski centre, which follows the well-known Piana di Falcade and is also set up for night skiing. There is a wide choice of amenities near the ski lifts and other activities besides skiing.

Transport Access: buses run regularly from and to the town, closest train station is in Belluno (45 minutes away), closest airports are Treviso and Venice.

Physical Attributes of property: Two buildings connected by restaurant.

OPERATING PERFORMANCE

Occupancy: average 1500 customers per year (considering only those ones sleeping in, plus all customers in restaurant). Seasonality: open 12 months a year, peak times; December to April and from June to September. Average Room Rates: 45 euro/night. Revenue Profile: Total Revenue - 300,000 Euros. Key Opportunities: Large commercial producer nearby, potential for installation of spa facilities.