How quickly can your Eco Tent investment become profitable?
As a basic guide if you charge $150 per night then your investment is paid off after just 150 nights of occupancy. 150 nights equates to your tent being occupied just 40% of the year. Imagine the returns as your properties occupancy surpasses this minimum example!
What nightly rate can you charge?
We’ve used $150 per tent, per night as an example but did you know that travellers are willing to pay between $250 and $600 per night for eco accommodation depending on the facilities and level of luxury!
So, your return on investment will depend on your product’s location, surrounding environment and how up-market you make your accommodation, facilities and offerings.
What is your running costs?
In terms of running costs and operational cost there are really a few factors. 1. What does it costs to service a room 2. Ongoing maintenance of the tent 3. The speed of building and the costs associated with installing a tent and 4. Payback period on the loan.
Maintenance costs are minimal. The preventative maintenance schedule includes the checking of all fastenings and fixings, the tightening of the inner tent ceiling and that’s about it.
ROI calculator disclaimer: This is a model, not a prediction. Amounts and repayment periods are estimates only, actual amounts may be higher or lower. Results are based on information you have provided and do not take any other circumstances into account.