Keenjhar Lake Resort Project - Sindh Board Of Investment ...

14.3.1.2 Convention Centre
►
Convention centre assumptions are summarized below:
Category
Units
Capacity
(Persons)
Charges
in PKR
Basis
Occupancy*
Executive Meeting Room 5 10 6,000 Per booking 40%
Meeting Room 3 25 10,000 Per booking 45% - 50%
Large Ball Room 1 350 400 Per Person 20%
Small Ball Room 1 200 300 Per Person 25%
* Occupancy levels indicated for the first 6 years of operations only.
►
Food and Beverage charges:
„ Executive meetings rooms estimated at PKR 1,000 per person.
„ Others estimated at PKR 500 per person.
14.3.1.3 Golf Course
►
►
►
►
►
It is assumed that a total of 2,000 memberships will be sold over a period of 10 years commencing
after expiration of 1 year of the commencement of commercial operations.
One time membership fee of PKR 1.3m will be charged followed by a monthly subscription of PKR
2,000 per membership.
Facility usage is assumed at 1,200 persons every year, which is expected to grow at 5% per
annum.
The usage ratio for the club is assumed at 70% for weekends and 30% for weekdays.
Course fee and range fee would be PKR 800 and PKR 150 for weekends and PKR 500 and PKR
100 for weekdays respectively.
14.3.2 Cost Assumptions
14.3.2.1 Operating Costs
►
►
Operating costs include staff salaries, wages, insurance promotions etc.
While an accurate determination of such expenses at the Pre-Feasibility stage is not possible, an
effort has been made to factor these expenses into the feasibility on the basis of a share in
revenues.
68
Keenjhar Lake Resort Project - Project Information Memorandum