Presentation on Business Investor Pitch
Added on 2020-06-06
11 Pages1053 Words40 Views
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BUSINESS INVESTOR PITCH
PRESENTATIONSlide 1Slide 2Forsyth Travel HistoryFounded by Julia and Tim Forsyth in 2015Sells self-catering apartments at StoratetApart hotel in FloenTim is a Search Engine Optimisation Expert Julia handle the position of Sales Manager FORSYTH TRAVEL Slide 3Current Business Overview 12LuxuryApartments25StandardApartmentsWeeklybasissalesRunoperations46weeksayear1
In July 2015, as the tourism sector begun experiencing political turmoil and uncertainty due to brexit vote, couple decided to establish Forsyth Travel. Floen is an attractive suburb of Bergen on the West Coast of Norway. Slide 4Current Financial PerformancePrice2014201520162017Luxury 1625195021002225Standard 57562559057501000200030002014201520162017Price of Luxury and Standard Apartment from 2014-2017Luxury Standard The price for Luxury product shows a regular increase but at declining rate so as toachieve revenue targets. Over the years, price charged for the Luxury apartment rose becauseof rising market demand in the sector. However, price for Standard apartment decreased since2015 due to less demand.Slide 5Current Business SalesApartment sold2014201520162017Luxury 1625195021002225Standard 57562559057501002003004005006007008009002014201520162017Number of Luxury and Standard Apartment sold from 2014-2017LuxuryStandards Occupancy rates 2014201520162017Luxury88.77%94.20%96.01%100.00%Standards 78.26%76.52%75.22%73.91%Historical results evident that rising demand for the Luxury apartments bringssubstantial growth in the total sales of luxury apartments per week. It shows a continuousincrease over the period till 2017 stated that more number of buyers are demanding luxurious2
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