Premier Luxury Lodge — Appendices
The following key assumptions underpin the financial model and projections presented in this business plan:
Section 17 · Business Plan
Appendices
The following key assumptions underpin the financial model and projections presented in this business plan:
Appendix A: Glossary of Terms
| Term | Definition |
|---|---|
| ADR | Average Daily Rate – Average revenue per occupied room |
| B-BBEE | Broad-Based Black Economic Empowerment |
| CIPC | Companies and Intellectual Property Commission |
| CRM | Customer Relationship Management |
| DFI | Development Finance Institution |
| EBITDA | Earnings Before Interest, Tax, Depreciation & Amortisation |
| FF&E | Furniture, Fixtures & Equipment |
| GBCSA | Green Building Council of South Africa |
| IDC | Industrial Development Corporation |
| IRR | Internal Rate of Return |
| JSE | Johannesburg Stock Exchange |
| MBO | Management Buyout |
| NEF | National Empowerment Fund |
| NPV | Net Present Value |
| OTA | Online Travel Agency |
| PMS | Property Management System |
| POPIA | Protection of Personal Information Act |
| POS | Point-of-Sale System |
| RevPAR | Revenue Per Available Room |
| TGCSA | Tourism Grading Council of South Africa |
| TIP | Tourism Incentive Programme |
Appendix B: Assumptions Register
The following key assumptions underpin the financial model and projections presented in this business plan:
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Base year for financial modelling: 2027 (first full year of commercial operations).
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Average occupancy ramp-up: 45% (Year 1), 58% (Year 2), 68% (Year 3), 72% (Year 4), 75% (Year 5).
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Blended ADR commencing at R2,600 with annual escalation of 5%.
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Food and beverage revenue at approximately 15% of total revenue.
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Spa and wellness revenue at approximately 5% of total revenue.
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Staff costs at approximately 30–32% of total revenue (consistent with industry benchmarks).
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Food and beverage cost of sales at 28–32% of F&B revenue.
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OTA commission rates averaging 15–18% of bookings made through third-party platforms.
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Debt financing at prime rate plus 2% (estimated effective rate of 13.5–14.5%).
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Corporate tax rate of 27%.
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No capital gains tax or property revaluation included.
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Inflation (CPI) assumed at 5% per annum.
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Utility cost escalation assumed at 8–10% per annum.
Appendix C: Contact Information
| Detail | Information |
|---|---|
| Company | Premier Luxury Lodge (Pty) Ltd |
| Managing Director | Alexander Dlamini |
| invest@premierluxurylodge.co.za | |
| Telephone | +27 (0)11 XXX XXXX |
| Website | www.premierluxurylodge.co.za |
| Physical Address | Northern Suburbs, Johannesburg, Gauteng, South Africa |
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