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INTERNATIONAL PLAZA RESORT & SPA(TLC)

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    Posted: 02 Jul 2008 at 12:00pm
 




Hotel Condominiums: A Unique Ownership Opportunity:

• What is an Apart Hotel? Condo Hotel? Hotel Condominium?
A worry free combination of two elements:
• Full ownership of a vacation property with full resort facilities.
• Many apart hotels are situated in prime areas with high rental rates
• Fully furnished
• Ready to let
• Ready to use by the owner A full service hotel
• Each condominium unit can be rented as a hotel room
• Either by the owner or directly or through an independent program
• Access to all hotel facilities, maid service and all upscale services of the hotel
• Hotel condominiums are most successful in destination cities such as
Orlando, Las Vegas and New York that enjoy a consistent tourism
industry as well as a thriving economy

What does this mean to the Owner? Owners can:

• Purchase in areas previously ‘out of reach’ areas
• Receive rental income from their property
• Use the services of a first class hotel manager to remove the
traditional ‘hassles’ of buy to let property
• Take equity position in a commercial operation
• Use the property personally making the opportunity a choice of
lifestyle as well as an investment
 
International Plaza Resort and Spa: A Unique Hotel Condominium
• 1102 room property is already an existing and
successful hotel giving it a distinct advantage in
comparison to other projects
• The International Plaza Resort & Spa is being
transformed into a first class hotel condominium
and one of the most exciting real estate
opportunities today
• An unrepeatable property in terms of both size and
location
• Formerly the Sheraton World Resort
• Take advantage of a huge cash input into the
property by the Developer resulting in a unique 4
star standard hotel in the best location




Under construction directly across the street from the International Plaza Resort and Spa is Aquatica,
set to open early 2008.
Aquatica is anticipated to be the ultimate top of the line water playground enhanced by animal
attractions
Already in the Virgin Holiday Brochure for 2008



Aquatica is expected to attract up to 25,000 visitors per day
The closest accommodation to Aquatica is …..
The International Plaza Resort & Spa



QUEEN STANDARA:


INTERIOR FEATURES:

• Fully and luxuriously furnished – Asian fusion theme
• Air conditioned
• Full bathroom with tile and high end taps
• Luxury grade beds
• High thread count linens
• Kitchenette with microwave, cooker top and fridge
• Granite work tops
• Plasma screen TV
• Esoteric tap and sink features
• Bespoke wooden funiture including armoir and drawers
• Hard wood flooring on ground level units
• Carpeted upper floors
• Choice of King and sofa bed or Twin Queen size beds

International Plaza Resort and Spa
• Individual, fully furnished (apart) hotel condominium
properties
• Pre-launch pricing – from $175,000
• Peace of mind ownership
• A unique property with a world class management team
• A huge financial input into uplifting the property


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PRICING STRUCTURE PHASE 1:

The early reservation pricing below is for a limited time.
Act now to take advantage of this opportunity.

Building 9 1st Floor 2nd Floor
Pool View $199,500 $204,750
SeaWorld View $175,875 $178,500
Building 10 2nd Floor 3rd Floor
Pool View $202,125 $204,750
SeaWorld View $175,875 $178,500
Building 11 2nd Floor 3rd Floor
Courtyard $175,875 178,500
SeaWorld View $175,875 $175,875






 
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EXTERIOR FEATURES:

• Multi million dollar landscape package creating an oasis feel
• Lush, Balinese themed plantations
• Buddha gardens
• Private hammocks
• Cabana booths and gazebos
• Massage tables
• Water features and sculptures throughout the property

First Class Hotel Features and Amenities
• On site L'Espirit full-service spa
• Three expansive swimming pools amid a tropical landscape
• Lagoon pool with waterfall
• Future Trader Vic’s signature restaurant
• Various on-site casual dining options
• Pool side food and beverage service
• 24-hour security
• Multi-level lounge
• Complete fitness center
• Clothing and souvenir boutique
• Game room
• Concierge & 24-hour front and guest services desk
• Daily maid and room service
• Children’s jungle gym & miniature golf course
• Transportation to all theme parks
• Referral babysitting services
• Car rental and tour services
• Comprehensive business center
• Over 60,000 sq ft of flexible event / convention space

An Unbeatable Location
Situated on 28 acres of the most prime land in Orlando, the
International Plaza has incredible location:
• Within 1 minute of Sea World and Aquatica
• Within 3 minutes of Discovery Cove
• Less then 10 minutes from Disney
• Less than 3 blocks from the Orange County Convention Centre
• Less than 10 minutes from Universal Studios
• Within 12 minutes of the Orlando International
• Less than an hour to both coasts

The key to successful development and operation
of a hotel condominium is a balance between ……
Location,Value,World class hotel management
Well funded and experienced development company

A Superior Hotel Operator
Buena Vista Hospitality Group (BVHG)
• Orlando-based company
• 25 year history of successful hotel operation in Orlando
• Operate and part own the Buena Vista Palace inside Disney
• And 23 other countries throughout the world – UK, Spain, France,
Mexico, Canada, Turkey, Croatia, Ireland and more
• Partners in ownership of the property – dedicated to success of the project
• Developer of bespoke operation systems bringing success to all their
hotel properties
• Staffed by some of the finest management in the industry

A Superior Developer / Owner
Urban America
• New York based equity and fund management company
• Manage major pension funds in the United States
• Long history of property development
• Over $4.5 billion of assets under management
• One of the largest owners of commercial property in Florida
• Heavy investment in long term future of the International Plaza Resort
and Spa
• Creating a Flagship property for future expansion of the International
Plaza brand
• Chose a world class management partner in BVHG

UK vs USA Comparison:

• UK Apart
• Currently there are only 4 apart hotels under development
• This is likely to grow greatly over the next few years
• Example of best known comparison

Guest Invest
Location London
Room price: £299,000

International Plaza Resort & Spa
Location Orlando
Room price: £85,000

Local Market Comparison:

• Although the International Plaza Resort & Spa is unique in its size and location there are a few hotel conversions on offer to investors within the Orlando area. Here is a comparison:

Please bear in mind that the International Plaza is the largest hotel condominium conversion in the United States and will have a
larger commercial and amenities operation than any other.

Development name Legacy Grand Hotel
Location North International Drive, Orlando.

Construction type Conversion
Convention centre hotel? Limited
Vacation hotel? Yes
No. of rooms 399
Unit size @ 350 sq. ft
Price From $179,900
Leaseback 2 years
Quality rating 3 star
Development name Palomino Suites
Location Buena Vista area, Orlando
Construction type Conversion
Convention centre hotel? Limited
Vacation hotel? Yes
No. of rooms 123
Unit size @ 400 sq. ft
Price From $189,900
Leaseback 2 years + management fees + contribution of $10k to cover rental shortfall
Quality rating < 3 star

Local Market Comparison continued …
Development name Blue Rose Resort:

Location North Universal Boulevard, Orlando
Construction type New construction
Convention centre hotel? Yes
Vacation hotel? Yes
No. of rooms 1300
Unit size from 560 sq. ft
Price From $400,000
Leaseback No
Quality rating 4 star
Development name Palazzo Del Lago
Location Lake Brian Orlando
Construction type New construction
Convention centre hotel? Yes
Vacation hotel? Yes
No. of rooms 1215
Unit size from 480 sq. ft
Price From $480’s
Leaseback No
Quality rating 4 star

Florida and Orlando at a glance
• Over 50 million visitors in 2006/2007
• 12 month rental season
• Orlando is predicted to be the dominant market for hotel condominiums
• Shortage of hotel beds during both vacation and convention seasons
• Expanding Convention Centre visitors
• Convention Centre attracts over 5.8 million people per year and is the 2nd largest
in the USA – set to expand over next three years
• Over 1000 people per day permanently move to Florida
• Less than 60 miles from the beach from any place in the state
• Large number of Baby Boomer generation making Central Florida their home
• Annual average temperature of 70 degrees F / 21 C
• No State tax in Florida
• Massive expansion in medical research, hospital and  university   sector    
• Rapidly developing Downtown area
• Over 4,500 restaurants in theme park / convention centre area
• Over 95 attractions

Developer’s Leaseback
The Developer is offering a Worry Free Leaseback Programme
until 2010
This will assist new owners by providing nearly all costs during the early years of ownership
Whilst the hotel undergoes its transformation the Developer carries the cost of
ownership by offering:
A monthly payment towards mortgage, until Jan 1st, 2010
All Homeowners Association Fees until Jan 1st, 2010
All real estate taxes until Jan 1st, 2010
During the leaseback period the owner may use the property for two weeks per year

Rental Management Programme – 2010 onwards
After leaseback period owners may enter their property into a
volountary rental management programme operated by Buena Vista
Hospitality Group
The programme is designed to offer a controlled cost to the owner
and to maximise returns
All rentals shared equally through use of cutting edge hotel
management software
Owner may use the property whenever they wish

Total Value Savings per unit
• During leaseback until 2010
• Mortgage; $24,960
• Home Owners Association fees $9,528
• Real estate taxes $5,544
• Closing costs $5,550
• Total: $45,562
Assumed capital growth
over 2 year period @ 6% $22,866
30 days usage @ $189 per night $5,670
Total: $74,098
"This document if for illustration purposes only and has no contractual value"
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Post Options Post Options   Thanks (0) Thanks(0)   Quote roger2008 Quote  Post ReplyReply Direct Link To This Post Posted: 03 Oct 2008 at 9:51am
The hotel's main entrance faces the southern portion of Grand Army Plaza. Grand Army Plaza Resort is in two sections, bisected by Central Park South. The term spa is associated with water treatment which is also known as SPA Resort offering such treatment.
_________________________________________________________________________
http://www.workwear1.com/]Carhartt Clothes


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looking foeward to visit this!!
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It's really good time! Have an ideal Christmas;Star
an occasion that is celebrated as a reflection of your values, desires, affections, traditions.

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