Hotel Investment Opportunity in Jaipur, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 110 thousand |
Run Rate Sales | USD 110 thousand |
EBITDA Margin | 40 % |
Industries | Hotels |
Locations | Jaipur |
Local Time | 6:12 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Business was founded 5 years ago with our first property being a backpackers hostel in Jaipur with a total inventory of 6 rooms. Since then we have opened an apartment hotel in the beach town of Daman, a heritage homestay in Jaipur, three premium boutique B&Bs in Udaipur with rooftop restaurants that are located in tourist hubs.
- In total, we have 50 rooms with rooftop restaurants in all properties, recreational spaces for our guests, and space for functions.
- Our expertise lies in leasing assets and revamping the property according to the modern travellers' needs.
- Our USP is offering best in segment facilities at the best rates keeping in mind the return on investment.
- We have catered to more than 15,000 travellers last year.
- The average occupancy rate of our hotels is 70-75%.
- Registered on online booking platforms such as booking. com, Tripadvisor, Goibibo, Makemytrip, Airbnb, Trivago, Expedia with consistently higher ratings of 8.8 / 10 and above.
- We are now actively investing money from company reserves to upgrade our technology platform. This includes re-development of our website and admin panel, setting up of in-house booking engine and property management system, and then development of mobile app supported on iOS and Android platform. This extensive upgradation is aimed at generating up to 40% our total business through direct marketing channels.
- Hotels are well maintained and leveraged by our well-trained staff who share the same attention to details as us.
- The business is ably managed by the 3 founders who have varied backgrounds and bring something unique to the team. The fact that everyone has a background in finance means that we have very carefully managed our finances over the years and that has ensured that we maintained a growth rate while keeping costs under control.
- One of the partners is an MBA graduate with experience as an investment banking analyst, 2nd partner is a Chartered Accountant with 5 years of experience in hospitality and 2 years of experience in audit.
- Having traveled across the world and throughout India has given us an opportunity to experience and analyse what are the best practices in the hospitality sector across the world. This has played a vital role in our team ensuring that we are able to provide our customers with the best possible experience during their stay with us. We also actively work on both negative and positive feedback in a manner that helps us improve and avoid making the same mistakes.
- We have received Traveller Review Awards for Three Years Consecutively from Bookings. com, Certificate of Excellence from Tripadvisor and Review Award from Goibibo.
- Business owns furniture, appliances, interiors, and miscellaneous items related to the business.
- Hotel chain with 50 rooms across Udaipur, Jaipur, Daman. Our accommodation facilities with standardised services include 8 Inch Thick Spring Mattress, Tea / Coffee Sets, Company Branded Toiletries, LED TVs, Air-Conditioned Rooms, Daily Housekeeping, Intercom Sets with Room Service, Concierge & Travel Assistance, 24x7 Reception / Front Desk, Tour Provisions.
- Rooftop restaurants in all properties providing veg & non-neg delicacies with options of A la Carte or Fixed Menu Meals. Guests also are given the option of In-Room-Dining.
- Small wedding functions of up to 50 pax with buffet and music.
- Recreational spaces for our guests in various parts of our properties.
Various physical assets and movable belongings including furniture and fittings.
1) One hotel in Udaipur on lease for 5 years - 4 floors - 10,000 sq ft.
2) One villa in Udaipur on lease for 5 years - 4 floors - 5,000 sq ft.
3) One hotel in Udaipur on lease for 5 years - 4 floors - 10,000 sq ft.
4) Family-owned property in Jaipur - 2 floors - 4,000 sq ft.
5) Hotel in Daman on lease for 10 years - 1 floor - 6,000 sq ft.
6) Serviced apartments on long term lease in North Goa.
-
Earlier than 15 daysVice President - Products, Online Payments, Jodhpur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysAdvocate, Lawyer, Jaipur, Individual Investor / Buyer connected with the Business