This person owns a 4 ⭐️ beach hotel in a sub Saharan African country
300 rooms,
About $150 a night on average.
This person owns a 4 ⭐️ beach hotel in a sub Saharan African country
300 rooms,
About $150 a night on average.
Even if we only assume they break even, the property in itself should easily qualify as a multi-millionaire asset.
So yes. Unless they are about to go bankrupt millionaire seems a very safe bet.
Depends how much free time one has. If they can leave it running without much effort then it becomes passive income. Meaning 100% you are rich. Anyone who can earn passive income in my opinion is rich.
Sub Saharan? Who would go there? Especially with temps rising all over Earth. Who would even go outside of their air-conditioned room to venture into the desert?
Opinion
5Opinion
Not necessarily. Operating costs are always massive.
Not sure. It depends on occupancy and also debt to asset ratio and there can be other factors.
Yes, such a person would be rich
4 star? Or for star for Sub-Saharan Africa?
No...
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