Cabo Verde Capital Inc (CAPV)

[Opportunity Strikes]

Not new news here, but good info. Potential on the rise, disregard all of the haters. Once we hit .05 we will have one less hater on the board. Soon!!
Tourism
•Major hotel brands have business terms agreed to start in Cape Verde due to the high occupancy rates of over 90%.
•Tourism numbers increased by 1550% in the last 15 years.
•Country growth will be heavily reliant upon the tourism sector.
•Forecasts for the next 10 years are for average annual growth rates of between 6% and 10% per annum to reach 1 million visitors. (White Bridge Hospitality 2011)
•Cabo Verde was listed 3rd in BBC’s ‘Lonely Planet 2011’ top destination guide.
•The port of São Vicente island will have a 19.8 million Euro investment to cater for Cruise Ships up to 309 meters. This pier will handle up to 148.000 passengers per annum.
•Cabo Verde and São Vicente in particular is poised to emerge further as a truly international high-end luxury resort destination.
•Wall Street Journal Market Watch announced Cabo Verde as top 10 mid-haul destination for 2011.

http://www.caboverdecapital.com/investors/tourism-flights/

Success stories:

- Riu Funana, Sal Island 500 rooms
- Riu Garopa, Sal Island 500 rooms
- Riu Karamboa, Boa Vista Island 750 rooms
- Riu Touareg, Boa Vista Island 881 rooms
- Sol Melia Tortuga, Sal Island 221 rooms
Sol Melia has 3 further resorts under project in Cabo Verde.

Occupancy rates of over 90% are achieved on average.
•The number of tourists that stayed in Cape Verde’s hotels in 2012 totalled 534,000 and for the first time exceeded the total population of the archipelago, which is estimated at 497,000 people.
•INE said that the number of guests in 2012 rose by 12.3 percent against 2011 and the United Kingdom was the source of the largest number of tourists.
•UK visitors, which accounted for 21.6 percent of the total, were followed by those from France (13 percent), Portugal (12.7 percent) and Germany (12.6 percent)