Hotel Management Business Investment Opportunities in Bangalore

- A young hospitality company engaged in the fast-growing boutique hotel & resort segment. Currently, we are venturing into hotels & restaurant management services. - Have a team of professionals each with over 20 years of experience in the hospitality industry. - Our current revenue model is under the outright lease model, we take charge of the operations from day-to-day activities, in-house restaurant, spa management to sales and marketing for a monthly rent paid to the hotel owner. - We have two hotels budget-friendly hotels under our management as of now. We pay a total monthly lease rent of INR 7,00,000 to the owner. - Each hotel has 40 rooms with a price range of INR 1,500 to INR 2,500 per night. - Due to Covid-19, the occupancy rates have fallen to 30% to 40% from 70% and we have seen a drop in our revenues.

- We are a hotel management company that is currently managing a hotel in Bangalore. - The hotel has 32 rooms as well as additional facilities like a restaurant and banquet hall. - We have taken the hotel on a management contract for 7 years. While the hotel is under our management we pay the hotel expenses and a negotiated ROI to the owners and keep the remaining amount as our profit. - Have an occupancy rate of 55% and we are looking to increase it this year since it's still only been a year of operations. - Hotel has a 4.2 star rating on its Google page with over 194 reviews. - Promoter has over 20 years of experience in the hotel management industry. - Company is now looking to sign a management contract on another hotel in Bangalore. - The new hotel that we will be managing has 40 rooms as well as a restaurant. - This property would also be taken on a management contract for 7 years.