Meno Mojo Beach Resort has owned property on Gili Meno for over 12 years. As the popularity of the Gili Islands has grown in recent years so has our desire to invest more, particularly in Gili Meno. In 2016, we opened our first boutique resort, Kura Kura, which is located in the main Harbour area of the island. We also sold investment apartments in this development and all investors are pleased with the progress and the R.O.I. achieved to date. The first year of any new development is tough and we returned the guaranteed 10% to our investors, the second year, this year, we have already achieved a 10% return with another two quarters to come. Occupancy levels are increasing and room yields are on the way up due to the increased demand. We constantly work on growing our network of agents focusing on travelers to Bali that have not yet found Gili Meno. There are many opportunities to constantly increase the occupancy levels.
Our first 18 months of operating Kura Kura has also lead to the development of another important resource, OUR TEAM. We employ people mainly from the Island and also Lombok and after a natural process of selecting the right people and of course the right people selecting us, we now have a very dedicated team that is well trained and committed to making our resort highly recommended. Comments made by guests on sites such as booking.com, trip advisor and others are extremely complimentary and a credit to our team. Please view our website www.kurakuragilimeno.com
Meno Mojo, located less than 600 metres from Kura Kura, is our next adventure and we feel strongly that the synergies of both companies will make the investment potential very attractive to prospective Meno Mojo buyers. We have the experience with construction on the island, we have a solid team that will integrate with new Meno Mojo personal and we have what we believe to be the “ best location on the island “. Meno Mojo will be an iconic resort, a warm and friendly destination where our guests can experience the ultimate island escape.
References are available on request.