Hotel for Sale in Porto Alegre, Brazil
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | INR 9 crore |
Run Rate Sales | INR 7.8 crore |
EBITDA Margin | 31 % |
Industries | Hotels |
Locations | Porto Alegre |
Local Time | 5:49 AM America / Sao Paulo |
Listed By | Business Owner / Director |
Status | Active |
- With 4,944 sqm of built area on a 1,750 sqm land, the facility has 10 floors and 109 rooms (with the possibility of building 80 more rooms), 350 sqm restaurant, parking space, fitness centre, business centre.
- Hotel is located in a privileged location, practically at the entrance to Porto Alegre, has a distinction compared to competitors, considering that travellers especially vehicles do not need to walk more than 500 meters from the city entrance to the hotel. This is a preponderant choice for hosting.
- The hotel excels in the strategic positioning of an executive/family hotel with a focus on compatible rates for companies and accessible to families that come to the capital for reasons of leisure, health and education.
- Registered on almost every online booking platforms and we receive bookings from our own website also.
- Last year occupancy rate was approximately 66% and now the occupancy rate is around 40% and it has been steadily growing.
- Sales have dropped due to the pandemic and business is already picking up.
- Hotel is close to a company which foresees BLR $ 500 million investment. When the entire complex is ready, more than 181 thousand sqm will be renovated with areas for culture, leisure, gastronomy, tourism, business and events. The concept is inspired by docks from different parts of the world such as Barcelona, Lisbon, Genoa and Brooklyn.
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Earlier than 15 daysManaging Director, Delaware, Investment Bank connected with the Business
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Earlier than 15 daysOwner, Riyadh, M&A Advisor connected with the Business
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Earlier than 15 daysCEO, Curitiba, M&A Advisor connected with the Business