8 / 10
 Muscat

For sale: 4-star hotel near airport with 70+ rooms and corporate tie-ups with major airlines.

Key Business Facts
Yearly Sales USD 940 thousand
EBIDTA Margin 10 %
Industries Hotels
Locations  Muscat
Business Overview
- Business operates a 4-star ten storied airport business hotel.
- Hotel has a built-up floor area of about 8,000 sq. m with 70+ rooms.
- Have amenities like a gymnasium, bar, restaurant, and spa.
- Hotel is built on a land parcel of 2,000 sq. m.
- Staff consists of 80+ highly experienced professionals.
- We have corporate tie-ups with all major airlines.
- Buyer will get the legal entity, land, and hotel building with all its assets.
- Reported sales of OMR 10 million are pre-Covid figures.
- The hotel was not operating last year due to the 4-month long lockdown in Oman.
- We suffered a huge drop in sales due to the slowdown in the tourism and aviation sector.
Products & Services Overview
4-star hotel, 70+ rooms, specialty restaurant, spa, gymnasium, pool cafe, bar, and shisha cafe.
Assets Overview
2,000 sq. m. land is worth OMR 700,000 and the hotel building is worth OMR 4.8 million. All the assets owned by the hotel will be transferred as well.
Full Sale
Asking Price: USD 14.3 million (Native Currency: OMR 5,500,000)
Reason: The hotel owners wish to concentrate on another venture.
Includes physical assets worth USD 14.3 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp