Hotel Management Company Investment Opportunity in Mumbai, India
Established | 10-20 year(s) |
Employees | 100 - 500 |
Legal Entity | Private Limited Company |
Reported Sales | USD 3 million |
Run Rate Sales | USD 3.6 million |
EBITDA Margin | 30 % |
Industries | Hotel Management |
Locations | Mumbai |
Local Time | 6:22 AM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- Operate a network of 80+ hotels with 4,300+ rooms across India under our own brand.
- The hotels we manage fall under the upscale / midscale segment.
- Sign 15-year management contracts with the hotels we manage.
- Currently have 105 hotel contracts signed of which we operate 82 with the operations for the remaining hotels expected to begin in the next few months.
- Charge the hotel owners in our network a management fee of 6% of the total revenue.
- The hotels we manage have a cumulative annual revenue of INR 450 crores.
- The hotel owners maintain the premises and are responsible for the payroll.
- We manage operations and marketing functions.
- Our management team has won over 200 awards.
- Pre-pandemic, our revenue consistently grew by 20% every year.
- Pre-pandemic the hotels under our management had an occupancy rate of 70% but that has now reduced to 56%
- In order to boost our revenue and expand margins, the firm intends to begin acquiring hotels which would allow it to then receive 100% of the revenue.
- Intend to raise capital to acquire distressed hotel properties which our management believes we can turnaround drawing upon our experience.
Hotel management services.
Office space in Mumbai, management contracts with 105 hotels across India, a deposit of INR 2 crores for the acquisition of one hotel, vehicles, computers, and office furniture.
5,500 sq. ft. owned office space in Mumbai.
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Earlier than 15 daysDirector, Ahmedabad, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business