Resort Business Plan Template
30 page business plan template & financial model
✅ Sections in Business Plan Template: Executive Summary, Business Description, Fund Usage, Industry Analysis, Marketing Plan, Organizational Overview, Operational Overview and Financial Plan. Format: Google Doc and Microsoft Word.
✅ Sections in Financial Model: Firstly you get 3 year anuual projection in the financial model and monthly breakdown for Cost and Revenue Tabs. The tabs that you get in Google Sheet or Excel File included are Dashboard, Income Statement, Cash Flow Statement, Balance Sheet, Revenue Monthly Breakdown, Cost of Goods Sold or Cost of Service Breakdown, Operating Cost, Non- Current Asset Schedule (which is used to calculate depriciation) and Graphs & Charts which can be copied to the business plan.
✅ 100% Editable in both Mac and Windows
✅ Detailed 21 Statement Financial Model
✅ Write a Plan in just 2 days!
✅ Video Tutorial
✅ Hands-on Support
Here is a Glimpse of the Executive Summary
The [Company Name] resort, founded by [Founder Name], is a luxurious destination offering a range of world-class amenities and exceptional guest experiences. Located in a breathtaking location, our resort provides a variety of services, including well-appointed accommodations, fine dining options, spa and wellness facilities, recreational activities, and event spaces for weddings and conferences. With a commitment to impeccable service and attention to detail, we strive to create unforgettable memories for our guests, blending comfort, relaxation, and adventure in a stunning natural setting.
Problem Summary: The desire for relaxation and stress relief, the desire for adventure and new experiences, the desire for a convenient and comfortable vacation, the desire for a romantic getaway, and the desire for business-related travel are all major issues that people face.
Solution Summary: The company provides guests with a one-of-a-kind location and natural surroundings, individualized and unforgettable experiences during their stay, a diverse selection of activities and amenities, as well as delectable dining options.
Industry Overview: According to the World Travel & Tourism Council (WTTC), travel and tourism contributed $8.9 trillion to the global economy in 2019. The WTTC predicts 3.9% annual growth from 2020 to 2030.
Highlights of the Resort Business Plan Template
Charts and graphs in the business plan are editable through the financial model. When you make changes to the spreadsheet then all the graphs and charts in the spreadsheet then these are automatically updated in the business plan. In addition, proper links have been provided in the business plan template in order to edit graphs or charts.
These are just some of the cover pages which you can use for your Resort Business Plan. It is easilty editable with a free Canva account. There are 33 cover pages to choose from and you can can change the pictures or writing.
Is Resort Business Plan Template Profitable?
We have analyzed these 3 factors in details in our financial model. Find out by playing with the numbers in the financial model. Edit the model with either Microsoft Excel or Google Sheets and see the magic! Don’t forget to check out the dashboard to summarize the projected financial performance.
Fund Usage Plan
You need to identify how you will use the funds. We already have a list of items in the financial model which can be modified and this chart will update automatically. This is mostly needed by investor or lenders as they want to know- why you need X amount of funds?
There are more than 21 financial statements in the resort business plan template. Here are just some of them and all the statements are editable from the spreadsheet or excel file. These statements are already pre-loaded with resort business related content. Also, you can add or remove anything based on your requirement.
Cash Flow Statement
The marketing plan will help you create a budget with appropriate promotional channels, brand management, target market segmentation, possible promotional tactics, etc.
You can remove or add more channels based on your own strategy. These are also mentioned in the financial model excel file which will help you identify the budget, customer acquisition cost and number of customers acquired from each of the promotional channels.
Possible promotional channel for your resort business. There are more channels in the business plan template.
✅Website: A well-designed and user-friendly website is essential. It serves as your online hub, where potential guests can learn more about your resort, view photos, check availability, and make bookings.
✅Social Media: Use platforms like Facebook, Instagram, Twitter, and Pinterest to share stunning visuals of your resort, engage with your audience, and run targeted advertising campaigns.
✅Email Marketing: Build a list of past guests and interested subscribers to send out newsletters, special offers, and updates about your resort.
✅Search Engine Optimization (SEO): Optimize your website and content to rank well in search engines, so potential guests can find your resort when searching for relevant keywords.
Legal Structure: [e.g. LLC]
Mission: “To provide our guests with an unforgettable and immersive escape, where luxury meets nature, and relaxation intertwines with adventure. We are committed to delivering exceptional hospitality, fostering memorable experiences, and preserving the environment while contributing to the local community’s well-being.”
Vision: “To be the premier destination for discerning travelers seeking a harmonious blend of opulence and nature, setting the standard for sustainable and responsible resort tourism. We aspire to create a haven where every sunrise is a promise of adventure, and every sunset whispers serenity, all while leaving a positive and lasting impact on our surroundings.”
✅Aim to boost your resort’s occupancy rates by a certain percentage over the next year. This can involve marketing efforts, pricing strategies, and improving guest experiences.
✅ Strive to improve guest satisfaction scores through feedback and reviews. Monitor online reviews and implement changes based on customer feedback.
✅Increase your resort’s visibility by expanding your marketing efforts. This might include social media advertising, search engine optimization (SEO), and partnerships with travel agencies.
As of 2021, the resort industry was a significant segment within the global hospitality and tourism sector, valued at hundreds of billions of dollars annually. Resorts offered a range of services, from accommodations to dining, recreational activities, and wellness services, catering to leisure travelers seeking relaxation and adventure. Key trends included sustainability initiatives, wellness programs, and a focus on local culture. The industry’s performance was influenced by economic factors and travel trends. For the latest statistics and trends in the resort business, consult industry reports and sources specializing in hospitality and tourism.
✅Sustainability Initiatives: Embrace eco-friendly practices, such as renewable energy sources, waste reduction, and sustainable sourcing, to attract environmentally conscious travelers.
✅Wellness and Spa Services: Enhance wellness offerings with spa services, fitness programs, and mindfulness activities to cater to guests seeking holistic relaxation and health.
✅Adventure Tourism: Develop adventure tourism packages, including hiking, water sports, and outdoor excursions, to attract thrill-seeking travelers.
✅Culinary Experiences: Offer unique dining experiences, including farm-to-table cuisine, cooking classes, and local food tastings, to appeal to food enthusiasts.
Target Market Segmentation
✅International Travelers: Target travelers from different countries seeking destination resort experiences, emphasizing cultural diversity and unique experiences.
✅Domestic Travelers: Attract domestic tourists looking for getaways within their own country, promoting convenience and local attractions.
✅Coastal Resorts: Focus on beachfront resorts for guests seeking coastal experiences, including sun and water activities.
✅Mountain Retreats: Cater to travelers interested in mountain and nature-based resorts, offering hiking, skiing, and scenic landscapes.
✅Urban Resorts: Appeal to city dwellers seeking urban escapes, emphasizing cultural attractions, shopping, and dining.
✅Couples and Honeymooners: Tailor packages and experiences for couples seeking romantic getaways and honeymoon vacations.
✅Families: Provide family-friendly amenities and activities to accommodate parents and children of various age groups.
✅Solo Travelers: Offer packages and activities for solo travelers looking for self-discovery and adventure.
✅Seniors: Create senior-friendly resort options, focusing on relaxation, wellness, and accessibility.
Total Addressable Market: TAM refers to the total demand for a product or service in a specific market. It represents the entire market size without any limitations, assuming there are no constraints or barriers to adoption. TAM represents the maximum revenue opportunity available for a product or service if it were to capture 100% market share. Let’s assume the global perfume market is estimated to be $50 billion annually. So, our TAM is $50B.
The Resort Business templates and financial model are an absolute game-changer. They’ve provided me with a step-by-step guide to creating a successful resort business. Highly recommended!
I’m beyond impressed with the Resort Business templates. They’re well-structured and incredibly detailed. They’ve given me the confidence to pursue my dream of owning a resort.
The Resort Business templates are a lifesaver. They’ve helped me organize my ideas and set clear goals for my resort. I couldn’t be happier with my purchase.
As someone new to the resort industry, these templates have been a godsend. The financial model is especially insightful and has helped me project my finances with precision.
Yeah but will this template help me get a loan?
Maybe. This mostly depends on your business idea, previous experiences, ability to provide collateral and relevant factors. This is a template for present your plan in the best possible way. In addition, the financial model helps to validate your business concept or your expansion plan. It’s kind of hard to provide more for just $49.
Is the payment secure?
Our payment is processed by Stripe so you can rest assured about your data privacy and security.
What is the refund or cancellation policy?
Due to the fact that templates are downloaded, we cannot give refunds.
Digital material is exempt from the 14-day return policy applicable to physical products. Because of this, our downloadable content are non-returnable. All sales are final. You can also check out the video in the product page to get an idea of contents of the template. This should help you get a clear idea on the features of the product.
However, we do value the customer experience and are accessible to assist you with any problems you may have while using our goods. If you have particular queries regarding our product, please use the chat box on this page or send an email to [email protected].
How can I edit the template?
Simple. If you are using Google Doc and Sheets then just make a copy in your own Google Drive. In case you are using Microsoft Office then Download the files and start editing.
What about support?
You can email us at [email protected] and we will respond in 24 to 48 Hrs. We offer in-person or email based support depending on your needs.
Every other reason for not buying....
❌ “But you can’t replace hiring a business plan writer to do this”
✅ This template costs $49 not $2,000. Also, you have more control over the writing process. The template is very specific so you will have relevant info in Industry Analysis, Financial Model and other sections. So, it will help you write the business plan at a fraction of the time and cost of the writer as the writer has to start from scratch.
❌ “I feel like just browsing online and using the free templates available online.
✅ Sure, if you wish to spend 4 weeks instead of 2 days to write a plan then please go ahead. Our research team found that free resources are very generic and does not offer fill-up and print facility. Also, you won’t get the specialized financial model from the free resources.
❌ But wouldn’t everyone’s content look the same?
✅ Nope. Our customers are smart and customize by adding their own images, logo, company description, etc.
❌ “But can you garuntee that I will get a bank loan using this?
✅ No, I cannot garuntee anything for $49. The purpose of this template is to make it easier and less time consuming for you to write a business plan.
Who developed this template?
Our templates are developed by CPAs, CFAs and Ex- consultants of BCG, Mckinsey, PwC and KMPG. Elma Steven is the Head of our Quality Control.
Can I validate my the prospect of my MVP using this?
Yes. The financial model will help you plug in price, unit cost, payables and other assumptions which will allow you to project the revenue, profit and other KPIs.