Luxury Hotel for Sale in Saint Petersburg, Russia

- 5-star hotel located in a prime location in Saint Petersburg which is managed by one of the world's leading hotel networks.

- Top performer in STR rankings by occupancy, ADR and RevPAR.

- Hotel has 130 rooms with rooftop terrace, fashionable restaurants, and underground parking.

- Both the building and the land plot are privately owned and are included in the sale.

- Pre-Covid average revenue was USD 10 million, EBITDA was USD 5 million. 60% was recovered in last year.

- In this year forecast, our revenue would be around USD 8.7 million and EBITDA will be USD 4 million.

- Company valuation is USD 47 million @ cap rate of ~9% and USD 4 million EBITDA.

- Physical assets includes land, building, furniture & fixture and interior set up.

Typical 5-star hotel services with restaurants and rooftop terraces.

Tangible assets: Land, building, furniture and interior set up.

Intangible assets: License, contracts with corporate customers, social media sites.

Owned 8,000 sq m property with 130 rooms.