Hotel Investment Opportunity in Reykjavík, Iceland
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | C Corporation |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Hotels |
Locations | Reykjavík |
Local Time | 7:47 AM Atlantic / Reykjavik |
Listed By | Business Owner / Director |
Status | Active |
- A Hilton hotel business, based in Reykjavik, Iceland.
- The business is still in the pre-revenue phase.
- The land has been identified and we will be purchasing the land by next month. It is currently owned by a township in Keflavik.
- The hotel once constructed will have 300 rooms. We will also be constructing a hostel next to the hotel which will have 400 rooms.
- Hotel will also have a swimming pool, restaurant and theater hall.
- We expect to complete construction within the next 3 years.
- The hotel will be mainly for businesses purposes and conferences, but can also accommodate individual stay.
- The location is near the airport so we expect many bookings from air force personnel and tourists.
- Business does not currently own any physical assets.
Hotel will have 300 rooms, and hostel will have 400 capsules. Hotel will have swimming pool, restaurant, conference facilities and theater.
Land will be purchased from the township by next month. Area of the land to be purchased is still being decided.
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Earlier than 15 daysVP - Business Development, Los Angeles, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Tallinn, Investment Bank connected with the Business
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Earlier than 15 daysFounding Director/Chairman, Finance, London, Corporate Investor / Buyer connected with the Business