buffalo_bill Posted July 25, 2009 Author Report Share Posted July 25, 2009 Very well . First let me say I am holding great respect for the Isaan people most of them working like the idiots for almost nothing in the burning sun . If I say lazy I mean their mai pen rai attitude which is counterproductive performing business activities . I am going to do this resort thing . Honourable members of this fine board may confirm that I have an attitude of supporting abstract ventures even if I do not understand at all what is going on , mostly I have been lucky in the past . This is going to be run under SIAM 2 on my private balance sheet . - I have sought legal advice on the project and asked a specialised company to deal with all paperwork , licenses and law issues involved , they will set up a Ltd showing Thai shareholders only , cost for this is very low .I realise the problem of the falang intruder . My current rough calculation includes donations to the local charity officials . I have been building in Portugal , conditions are same same . - The monetary side : I am not sure if the esteemed gentlemen reralise what I am finally talking about : these are motels at the roadside along the [color:red]HIGHWAY TO SISAKET[/color] and not as such short time places , although being used as such . There is none of them offering rates below 300 and that means no aircon and no hot water . I say again these establishemnts are all full at night as far as I could see . The trick would still be to finance as much as possible to let the bank have the joy once it goes down the drain . Apart from this , all spending is for hardware incl land , not for the license of a bar . - It is wrong to think that all Thais are idiots and will be too stupid anyway to run such a place . I have personally met most acceptable subjects during my field research , some of them even developed the agricultural side to remarkable success . This is not a complex hotel but the evolution of a single Thai household to maybe 20 of exactly the same type . New to me that Thais should be unable to clean a room of 15 sqm . For piece of mind : a member of the housekeeping of a certain BKK hotel might spend several months on site to train the crew. I have been thinking about this of course . They are happy to get rid of surplus staff during low season , unpaid leave . The places we visited mostly employ untrained staff like students and all sorts of part timers . - Location is of minor importance since the typical customer is the travelling salesman or punter on the way to his beloved one . There has to be a restaurant on site and a small shop . Many of these places are far away from the cities , nobody spends his holiday here . I think the idea is great Link to comment Share on other sites More sharing options...
shygye Posted July 25, 2009 Report Share Posted July 25, 2009 Will you be offering a thai360 discount? Link to comment Share on other sites More sharing options...
buffalo_bill Posted July 25, 2009 Author Report Share Posted July 25, 2009 Yes Link to comment Share on other sites More sharing options...
sanddawg1 Posted July 25, 2009 Report Share Posted July 25, 2009 Will you have barfinable ladies working at your new establishment???? :content: WHOOF, S1 Link to comment Share on other sites More sharing options...
CTO Posted July 25, 2009 Report Share Posted July 25, 2009 The restaurant part is good - many do that - I am still dubious it's used for hotel purposes other than 2 hour sections - what are the people doing who stay there? It is a good project - careful on cost of plumbing - and are they going to be aircon? That adds 15k at least just there Link to comment Share on other sites More sharing options...
buffalo_bill Posted July 25, 2009 Author Report Share Posted July 25, 2009 - what are the people doing who stay there? Nothing , they arrive late and leave early . Motel type of business . Link to comment Share on other sites More sharing options...
buffalo_bill Posted July 25, 2009 Author Report Share Posted July 25, 2009 Found the website of my main competitor , 100 %Taiwanese investment . www.starwellbali.com . Soon they will collpase due to the appearance of The BuBi Dorchester and Towers across the road . WTF it's all in Thai , they have an English website . Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted July 25, 2009 Report Share Posted July 25, 2009 Who is going to sell the condoms and lube? Link to comment Share on other sites More sharing options...
pasathai1 Posted July 25, 2009 Report Share Posted July 25, 2009 . www.starwellbali.com prices look reasonable, but overall looks like a boring palce to stay ( maybe for older folks) Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted July 25, 2009 Report Share Posted July 25, 2009 900 - 1500 baht - expensive for my taste. Link to comment Share on other sites More sharing options...
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