Hotel Investment Opportunity in Gulhi, Maldives
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 30 - 40 thousand |
Run Rate Sales | USD 390 thousand |
EBITDA Margin | 10 - 20 % |
Industries | Hotels + 1 more |
Locations | Gulhi |
Local Time | 3:35 AM Indian / Maldives |
Listed By | Business Owner / Director |
Status | Active |
- Have catered to 200++ customers since inception. Our target customer base is tourists from South Asian and South-East Asian countries.
- We have now formed partnerships with 9 resorts and 25 guest houses across the Maldives.
- We have a strong online platform in order to increase sales.
- Promoter has 1 year of experience in the industry.
- The investor will get the stake in the travel agency for the investment made.
- We have a huge growth rate compared to last year as we have new arrivals from India for quarantine and our partnering properties are over booked for the next 3 months. Our valuation is based on current demand.
- During 2019 and due to the Covid pandemic and border closure we were affected badly. And with Covid, the resorts changed their payment policy where we have to pay immediately and the Bank of Maldives changed their policy on travel agencies payment portal. With these changes we haulted our operations across the nation. But we were taking local (where our business is located) bookings.
- Before the pandemic closure our demand was overloaded within a short period of time. Within 2 weeks we have acquired more than 20 resorts and 15 local hotels as partners. Also, we acquired more than 150 bookings within 12 days.
-
Earlier than 15 daysCOO, Hotels And Resorts, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Travel & Tourism, Colombo, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Tour Operators, Berlin, Individual Investor / Buyer connected with the Business