For-sale: 3-star executive hotel in Malaysia, offering 100 well-appointed rooms and a central location.

- Executive boutique hotel, a distinguished 3-star hotel.
- Strategic location in Tawau Town.
- Offers seamless access to key attractions, government offices, financial institutions, and public transportation hubs.
- A range of 100 well-appointed guest rooms.
- Accommodation options include junior deluxe, superior queen/twin, deluxe twin, royal deluxe, executive queen with jacuzzi, court queen, court king, royal court king, family court, royal deluxe (triple sharing), suite super king with jacuzzi, and family royal court.
- Essential amenities in each room: Wi-Fi access, daily housekeeping, and maintenance services.
- Occupancy rates average between 40%-70%.
- Turnkey sale: inclusive of building, furnishings, and operational entity.
- Primary offerings: room accommodations, dining services, meeting and event spaces, spa and wellness services, online booking and reservations.
- Current occupancy at 50%.
- Clients: Business travelers.
- Sales improved after Covid-19.
- Possess food and tourism licenses.

3-star hotel in Tawau Town with 100 catering to business travellers.

- The hotel was built with the utilization of personal funds. - The business is operated by three directors who also serve as the hotel landlords. The majority shareholder holds a 35% stake. - The hotel buildings are currently financed through loans, with details available upon request.

Tangible Assets: - Property and Buildings: The physical structures comprising four contiguous 6-story buildings, including rooms, common areas, and amenities. - Furnishings and equipment: All furniture, fixtures, and equipment required for the hotel's operation, including room furnishings, lobby decor, restaurant equipment, and more. - Operating supplies: Inventory of essential operating supplies, linens, toiletries, and cleaning materials. - Vehicles: Any hotel-owned vehicles such as shuttle services, vans, or maintenance vehicles. - Land title: Ownership rights to the land on which the hotel is situated, as outlined in the land title documents. Intangible Assets: - Business name and brand: The rights to the hotel's name, brand, and associated trademarks. - Customer base: Existing customer relationships, client database, and guest loyalty records. - Operating licenses and permits: All necessary licenses, permits, and certifications required for hotel operation, including permits for lifts, fire safety, food service, and others. - Online rresence: Ownership of the hotel's official website and any associated social media accounts and email marketing lists. - Goodwill: The hotel's reputation, customer satisfaction, and overall brand image within the market. - Management expertise: Knowledge and expertise of the existing management team and staff, who are well-acquainted with the operation of the hotel.