ILE-ORI-IGI (TREE HOUSE)

ILE-ORI-OTA (ROCK HOUSE)

The New Resort in Pictures

ADEOJO INDIVIDUAL PACKAGE

JOMU INDIVIDUAL PACKAGE

LISA INDIVIDUAL PACKAGE

OWA INDIVIDUAL PACKAGE A Trip from Port Harcourt attracts Extra N40,000 for An Economy Class Round Trip

IROKO INDIVIDUAL PACKAGE A Trip from Port Harcourt attracts Extra N50,000 for a Business Class Round Trip

ADEOJO FAMILY PACKAGE

JOMU FAMILY PACKAGE

LISA FAMILY PACKAGE

OWA FAMILY PACKAGE A Trip from Port Harcourt attracts Extra N40,000 per adult for an Economy Class Round Trip

IROKO FAMILY PACKAGE A Trip from Port Harcourt attracts Extra N50,000 for a Business Class Round Trip

We prefer that you book in advance to secure a space

Arik Air is a Nigerian airline operating a domestic, regional and international flight network. It operates mainly from two hubs at Murtala Mohammed International Airport, Lagos and Nnamdi Azikiwe International Airport. The Airline operates over 100 daily flights carrying over 8000 passengers daily from over 25 destinations. ABOUT THE PARTNERS Located in Akure, the capital of Ondo State, Jojein Hotels and Resort is a place where hospitality is displayed beyond satisfaction. A family friendly destination with luxuriously furnished rooms & suites embellished with an African theme.

The primary target market population for Abuja, Port Harcourt and Lagos is assumed to be about thirty million (30,000,000) people. We are basing our projection on 1% of this population. i.e. 1% of 30,000,000people = 300,000people This has taken into consideration people below 22 years as well as aged citizens above 80 years. We do not also include the population of people from other South Western states like Oyo, Edo and Ekiti. For the first year, we have decided to set an annual target population of 10% of the 300,000 people. i.e. 10% of 300,000 people = 30,000 people If the project gets 30,000 guests in a 12 months, then it gets 2,500 guests per month i.e. 30,000 guests divided by 12 months = 2,500 guests Therefore, the average no. of expected guests per month = 2,500.

The project consists of five different packages for individuals. These packages are as detailed below: S/NPACKAGERATE PER NIGHT(N) 1IROKO300,000 2OWA250,000 3LISA150,000 4JOMU100,000 5ADE OJO75,000 TOTAL PACKAGES850,000 Our average rate per package is N175,000 per guest per day. i.e. 850,000 divided by 5 = 175,000 Therefore, our expected turnover per month = 2,500 guests X N175,000 = N437,500,000 Hence, Expected Annual Income = Monthly Sales X 12 months = N437,500,000 X 12 = N5,250,000,000

The sensitivity Analysis of the Annual Turnover of N5,250,000,000 Percentage SalesIncome 1005,250,000, ,937,500, ,625,000, ,100,000, ,575,000, ,312,500, ,500, ,000, ,500, ,500,000