Eco-Tourism Revenue Model
Latvia Market Analysis
Pricing
- Low Season: €80-100/night
- High Season: €120-150/night
- Average: €100/night
Occupancy
- Year 1: 30% (110 nights)
- Year 2: 50% (183 nights)
- Year 3+: 60% (219 nights)
Revenue per Cottage
- Year 1: €11,000
- Year 2: €18,300
- Year 3+: €21,900
Cost Structure
- Operational: 40-50% of revenue
- Maintenance: 10-15% of revenue
- Marketing: 5-10% of revenue
Profit Margins
- Net Profit: 40-50% of revenue
- Year 3+ per cottage: €9-11K profit
Full eco-tourism analysis coming soon.