8.4 / 10 · Established in 2019, 1 Franchisee currently, Headquartered in Dubai
|Format||Investment including Brand Fee||Brand Fee||Space||Staff||Exp. Monthly Sales||Profit Margin||Royalty|
|Palazzo Hospitality - 100+ Room Hotels (Seotra, Myde, The Appointment Hotels)||USD 2.7 - 82 million||USD 220 thousand||100,000 - 1,000,000 Sq Ft||400||USD 270 thousand||10%||4% royalty on gross sales|
|Format Name||Palazzo Hospitality - 100+ Room Hotels (Seotra, Myde, The Appointment Hotels)|
|Investment||USD 2.7 - 82 million|
|Brand Fee||USD 220 thousand|
|Space||100,000 - 1,000,000 Sq Ft|
|Expected Monthly Sales||USD 270 thousand|
|Royalty / Commission||4% royalty on gross sales|
About Palazzo Hospitality
Palazzo Hospitality manages and operates one of the most sought-after properties in the UAE, Palazzo Versace Dubai, bringing into hospitality the DNA of the famous Italian fashion house, this ultra-luxury hotel.
Located in Jaddaf Waterfront has constantly made headlines across the world, launching some unique projects in the industry.
Palazzo Versace Dubai was one of the first hotels in the GCC region to expand the e-commerce side of the business setting in 2022 the “Gift An Experience” platform, where guests could purchase hotel stays, dining or wellness experiences with the ease of a click.
The property has also introduced cryptocurrency payments and partnered with one of the world’s largest crypto exchange platforms, Binance.
We are now looking to expand the brand globally by franchising and are seeking franchise partners for our hotel brands (Seotra, Myde Hotels, and The Appointment Hotel).
Seotra - Ultra-luxury resorts for those seeking a serene holiday, Seotra hotels are right in the place the Earth meets the sea. Offering sophisticated pleasures on land and water, Seotra comes forward with incredible tailored experiences across the beach and nature.
MYDE Hotels - Featuring an artful visual language that stands as a global model for purpose-built lifestyle living, MYDE Hotels put their guests at the core of everything, providing legendary services, the most luxurious amenities, and state-of-the-art facilities. Accented with cutting-edge designs and over-the-top technologies, the guests will be immersed in a true lifestyle experience complemented by unique dining prepositions across all the properties. Classy, minimalistic touches define MYDE Hotels.
The Appointment - Putting hotels right in the heart of the destination, The Appointment features a wide number of facilities for business travelers, from proximity to financial districts to high-end meeting facilities, exceptional service, and effective workspaces. Adding sophistication and style, The Appointment caters to the most discerning tastes, making a business stay fine.
Products and Services
Seotra - Luxury hotels & resorts.
Myde Hotels - Featuring an artful language that stands as a global model.
The Appointment Hotels - Putting hotels right in the heart of the destination.
Preferred LocationsAsia, Africa, Saudi Arabia, South Africa, Tanzania, Uganda, United Arab Emirates, Ethiopia, Maldives.
How to get Palazzo Hospitality Franchise?
Step 1: Research your options.
Step 2: Select the hotel brand that aligns with your business goals.
Step 3: Create an LLC or a corporation.
Step 4: Arrange financing.
Step 5: Talk to the franchisor.
Step 6: Talk to members of your community.
Step 7: Create a business plan.
Connect with us through SMERGERS and we will guide you through the further process. Franchise partners can opt for the specific hotel brand they want to implement for their outlet.
What are some of the things we look for in a Franchisee?
The franchise partner should be financially and operationally capable. Should care about our brand and follow our brand guidelines.
Support you can expect from the company
We will support the franchise partner with location scouting, hiring, marketing and other operational requirements. Support will be through remote means and we can arrange for our support team to travel if required.
Earlier than 15 daysHead Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
Earlier than 15 daysIndependent Advisor, Dubai, Financial Consultant connected with the Business
Earlier than 15 daysGM, Cluj-Napoca, Financial Consultant connected with the Business
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- 700+ Investor Views
When was Palazzo Hospitality established?Palazzo Hospitality was established in 2019 in Dubai and is reported to have 1 Franchisee currently
What is the investment required to take up Palazzo Hospitality Franchisee?Investment required ranges from AED 10 million - 300 million depending on the format offered.
What is the space requirement for taking up Palazzo Hospitality Franchisee?Space required ranges from 100000 - 1000000 sq ft depending on the format.
What Franchisee formats does Palazzo Hospitality offer?Palazzo Hospitality offers 1 format, i.e Palazzo Hospitality - 100+ Room Hotels (Seotra, Myde, The Appointment Hotels).
How to get Palazzo Hospitality Franchisee?Step 1: Research your options. Step 2: Select the hotel brand that aligns with your business goals. Step 3: Create an LLC or a corporation. Step 4: Arrange financing. Step 5: Talk to the franchisor. Step 6: Talk to members of your community. Step 7: Create a business plan. Connect with us through SMERGERS and we will guide you through the further process. Franchise partners can opt for the specific hotel brand they want to implement for their outlet.