Big Bear Lake Hotel
Welcome to the introduction of the Big Bear Lake resort hotel renovation project. This project is located in the famous tourist destination of Big Bear Lake, California, which receives over 3 million visitors annually. We plan to upgrade and renovate the existing 27-room hotel, and add a new specialty restaurant, landmark building, gift shop, and weekend activity marketing to increase overall profitability.
Overview of the Big Bear Lake Hotel Renovation and Expansion Project
1
Hotel Location
The project is located in Big Bear Lake, California, just 2 hours from Los Angeles, a renowned four-season tourist destination. It is situated in the center of Big Bear Lake.
2
Project Scale
The hotel occupies 1.03 acres (about 6 mu in China), with the current hotel having 27 rooms, which are planned for a comprehensive upgrade and renovation.
3
Development Plan
In addition to the hotel upgrade, there are plans to add a specialty restaurant, landmark building, gift shop, and to launch weekend activity marketing.
Hotel Renovation Project - Exterior Facade Renovation
Basic Room Layout Unchanged
The hotel has a stable operating income, with an annual turnover of $400,000 to $500,000.
Exterior Renovation and Upgrade
New Feature 1: Trout Burger Restaurant at Big Bear Lake
The restaurant offers delicious trout burgers, attracting many visitors to come and try them. The interior of the restaurant is mainly made of wood, creating a warm and comfortable atmosphere. The walls are adorned with trout models and pictures, showcasing the unique theme.
New Feature: Specialty Gift Shop
Souvenirs
Local specialty souvenirs attract many visitors to make purchases, such as hats and t-shirts with the Big Bear Lake logo.
Mineral Specimens
Offering unique mineral specimens from the Big Bear Lake area, such as crystals and stones, as special souvenirs.
Revenue Source
The gift shop becomes an additional revenue stream for the hotel, enhancing the overall profitability.
New Feature 3: Big Bear Lake Landmark Building
The hotel will add a new Big Bear Lake landmark building, creating an attractive photo spot. Visitors can take photos next to the building, enhancing the hotel's visibility and appeal.
Data Analysis: Revenue Source Analysis
Landmark Building Check-in
Attracts tourists to take photos, increases hotel occupancy rate, 27 rooms, annual revenue of $480,000, net profit of $360,000
Specialty Restaurant
Average consumption $15, covers 10% of tourists, annual revenue of $4.5 million
Gift Shop
Average consumption $10, covers 10% of tourists, annual revenue of $3 million
Weekend Activities
Attracts an additional 5% of tourists, annual revenue of $780,000, average consumption of $5 per person, weekend outdoor barbecue, open-air cinema, etc.
Investment Return Summary: Total annual revenue of $8.76 million, net profit of $3.88 million, return on investment of 80.83%, expected to recover the investment in 3.24 years
Visitor Data Analysis - Official Data for Big Bear Lake
3M
Over 3 million visitors to Big Bear Lake
Visited year-round
300K
3 million visitors drive 10% conversion
30 million visitors dine and check-in at hotels
Of the estimated 3 million visitors, 10% (about 300,000) will be precisely directed to hotels, with an average spend of around $15 per person. This means that approximately 300,000 visitors per year will directly convert into potential hotel customers.
Natural Advantages of the Great Bear Lake Area - A Mature Tourist Destination
Year-round Tourism
Winter skiing, summer water sports, hiking, fishing and other tourism activities support local economic growth.
Stable Visitor Flow
Annual visitor volume of over 3 million, covering winter ski visitors, summer outdoor adventurers, and vacationers.
Sustained Growth
The Great Bear Lake tourism market has been steadily growing, with over 20% growth in the past 10 years, and high return on investment.
Business Model: Hotel Upgrade
Modern Renovation
Improve room comfort and competitiveness, attract more high-end customers.
Facility Upgrades
Add smart access control, pool area, SPA area, and other amenities to enhance the customer experience.
Management System Optimization
Introduce automated management systems to optimize operating costs and improve customer satisfaction.
Business Model: Specialty Restaurants
1
1
Local Signature Dishes
Offer local signature dishes such as trout burgers and yak burgers to attract visitors to try them.
2
2
Seasonal Themes
Incorporate seasonal events, such as Christmas-themed restaurants and summer outdoor BBQ night markets.
3
3
Unique Dining Experience
Create landmark architecture, becoming a popular spot for social media photos, to increase social media exposure.
Business Model: Gift Shop and Weekend Activities
Specialty Souvenirs
Establish a souvenir shop selling local specialty products such as handicrafts, commemorative t-shirts, custom postcards, etc. to increase average order value.
Themed Events
Organize weekend themed events such as outdoor movie nights, yoga classes, music festivals, etc. to increase visitor dwell time and additional spending.
Marketing & Operations Plan
Online Promotion
Social media marketing (Instagram, TikTok, Xiaohongshu)
Collaborate with Travel Bloggers & KOLs
Attract more visitors
Google & OTA Booking Websites
Increase hotel visibility
Offline Channels
Official Tourism Promotion Cooperation with Daxionghu
Cooperate with the local tourism bureau to promote Daxionghu hotels and surrounding attractions.
Establish Cooperation with Local Travel Agencies & Hotels
Collaborate to launch tourism packages to attract more visitors.
Special Events & Holiday Promotions
Such as the winter skiing season and summer water activities, to attract visitors to experience them.
Project Site Photos
Project Site Photos
Current Operating Prices for Project Hotels
