Financial Schemes Essay

When the question of growth a tender project at Puerto Penasco, Mexico has arrived, we would suggest that rather than going for handed-down time share or new mixed use hotels, we should generate the energies towards create a condo. The most important feature for advocating a Condominium is because this concept is already very popular in bank areas of Mexico. Tourists from across the world come present to take the experience of beach liquidation which is rather non possible in mixed use hotels.Financial Advantages of a Condominium over other forms trammel capital investment initially introductory of all, the marrow of capital invested in a Condominium is lesser than that of other handed-down hotel forms. Hotels usually are occupied by the tourists at crest months only. aside from that time, they eer face lack of tourists which ultimately head in loss of revenue.Renting the shoes at non peak months The Condominium could be rented to students and other people apart from the tourists during the non peak months and hence it in a sand gives guarantee to the owners for a similar notes flow across the year. Disadvantages to the other schemes It could be very well noted hither that at times Condominium could stick out the advantages to classic hotels in terms of hospitality and high life. The tourists often feel that the Condominium could not provide the room service and the luxury that the time share hotels could provide.This is true to an consummation that the Condominium does not beat the traditional hotels in terms of luxury. The reason wherefore we have chosen a Condominium over other forms of hotels is because least insecurity involved in this project. As the amount of capital invested is least, the chances of losing money are less. Apart from that, we are also ensuring smooth and uniform revenues across the year. References Puerto Penasco Retrieved on 4th August, 2010 from website http//www. puerto-penasco. com/