Experienced hotelier seeking capital to launch 2 new corporate luxury hotels in Dhaka.

- Experienced hotelier seeking capital to launch 2 new corporate luxury hotels in Dhaka.
- The 2 hotels have already been constructed on promoter owned properties and expected to be commercially operational in the next 10 months.
- Both hotels are held under the same legal entity and will be corporate luxury hotels and will have 100 and 42 rooms each.
- The hotels are owned and will be operated by the promoter team under the franchise of a well-known international hotel chain.
- The franchise agreement is valid for 24 years with an expected annual royalty payout of 6.5 - 7%
- Have invested significantly to ensure that the hotels are post-COVID friendly hotels with state-of-the-art IT and safety standards.
- Payback period for both hotels is expected to be 6 years.
- Promoter has 22 years of experience operating a family-owned 42 year old well-established hotel in Dhaka.
- The existing hotel run by the promoter has an annual turnover of BDT 8 - 10 crores, EBITDA margins of 35%, 150 employees, and a pre-COVID occupancy rate of 75%
- Images attached are pictures of the actual construction and artist impressions.

2 corporate luxury hotels with restaurants, gyms, spas, swimming pools, banquet halls, bars, and parking facilities.

2 land and 2 buildings with a total footprint of 1,37,000 sq ft.