Fanari Khaolak Resort This is a 90-unit Resort in Khaolak, Pungnga, South of Thailand.
LOCATION Khaolak’s long been known as a top destination for its’ natural beauty, beautiful temples, the coastal areas as well as the historic district. It’s only 80 kilometers or one-hour drive from Phuket International Airport. The subject property is a three-star plus resort that was fully renovated in 2011 and in 2014; the renovation consisted of a new lobby, upgraded all guests’ room, adding levee in beach front for safety and added the third swimming pool.
90 ROOMS (Courtyard and Seafront) 34 Deluxe Rooms (40 Sq. m)
34 Deluxe Bungalows (46 Sq. m)
22 Seafront Deluxe Bungalows (28 – 55 Sq. m)
PROPERTY DETAILS Food & Beverage: 140 seats Restaurant Plus 40 seats Beach Café
Fully Equipped Kitchens, Housekeeping & Employees’ Room.
Mini Mart, Courtyard and Tropical Garden.
Three Swimming Pools + 70 sunbeds.
Office and Full Hotel License # 32/2552
Land size = 7.5 Rais (11,500 Sq. meter)
BUSINESS The resort is adjacent to other brands such as Ramada Resort, Chongfah and Casa La Flora Resort that have somewhat higher Average Daily Rate (ADR) as compared to ours, thus leaving room for us to push for a higher room rates in the future. Currently, it’s operated by our own in-house team with about $1.5 million in annual revenue.
It’s an opportunity for new management and future development. The resort is well-maintained that’s attracted medium and family market world-wide. It’s rated as a top resort by Holiday (trip advisor) plus numerous awards from Go-Vacation, Aurinko, Booking.com, Agoda.com, Expedia.com and more.