Need help?

Luxury Hotel for Sale in Muscat, Oman

Luxurious hotel with 310 rooms, 80-85% occupancy rate, and prime location in Muscat, Oman.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales INR 200 - 300 crore
Run Rate Sales INR 236 crore
EBITDA Margin 30 - 40 %
Industries Luxury Hotels
Locations  Muscat
Local Time 2:22 AM Asia / Muscat
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: INR 2670 crore (Native Currency: USD 312,000,000)
Reason: The hotel is primarily owned by the government, and it is the government's decision to sell. The pro... View More
Includes physical assets worth INR 180 crore
Documents
Business Overview
- Established luxurious hotel that serves international clients based in Muscat.
- The hotel has 310 rooms and other amenities which include 2 swimming pools, 1 child pool, a private pool bar, 3 bars, a spa, a kids' health club, retail stores, International restaurants, and 13 meeting rooms.
- The hotel maintains an occupancy rate of 80-85% throughout the year.
- The hotel is located in a prime location near the artificial islands in Al Mouj.
- The sales of the hotel have been comparatively low as the hotel industry is still recovering from the pandemic. However, we are recovering from the same.
Products & Services Overview
Number of rooms 310 rooms.
(85 upper rooms, 121 executive rooms, 60 deluxe rooms, 20 junior suites,
13 Deluxe Suite, 5 Grand Deluxe Suite, 2 Presidential Suite, 4 Disabled Rooms)
2 Swimming Pool, 1 Child Pool, Private Pool Bar, 3 Bar, Spa, Kids Health Club, Retail Stores,
International Restaurants, Spa, 13 Meeting Room.
Assets Overview
All the hotel assets which include furnishings, building and equipment.
Facilities Overview
The land area is 45 thousand sqm.
The built-up area is 61 thousand sqm.
The hotel is located in Al Mouj, Muscat.
Capitalization Overview
The total equity of this Hotel is spread between 8 Shareholders. All of which are government institutes and government pension funds.
Recent Activity
  • Earlier than 15 days
    Business Representative, London, Business Broker connected with the Business
  • Earlier than 15 days
    Founding Partner, Singapore, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
Frequently
Asked
Questions
  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more