Hotels Seeking Loan in Male

1. The business is a nonoperational hotel in the Maldives, located on the local island of V. Thinadhoo. - The planned establishment will have 13 rooms, a restaurant, a rooftop bar, and a lounge, catering to tourists visiting the Maldives. 2. Location and market: - The business is strategically located on a tourist hotspot island, offering scenic views and access to watersports, diving, excursions, and health and wellness retreats. - The target market primarily comprises tourists visiting the Maldives, positioning the business as a prime tourism destination. 3. Operational status: - Currently, 10% of the construction is completed, with full construction expected to be finished within a year after securing funding. - Business aims to offer accommodation, watersports, diving, excursions, and health and wellness retreats as its primary services. 4. Revenue model: - Business plans to charge MVR 2,700 per night for its 13 rooms, presenting a revenue model based on accommodation services. 5. The loan repayment can commence 6 months after the operation begins. 6. The company is registered, and the licenses, and approvals for operations will be obtained once the construction of the hotel is completed.

1. The business is a nonoperational hotel in the Maldives, located on the local island of V. Thinadhoo. - The planned establishment will have 13 rooms, a restaurant, a rooftop bar, and a lounge, catering to tourists visiting the Maldives. 2. Location and market: - The business is strategically located on a tourist hotspot island, offering scenic views and access to watersports, diving, excursions, and health and wellness retreats. - The target market primarily comprises tourists visiting the Maldives, positioning the business as a prime tourism destination. 3. Operational status: - Currently, 10% of the construction is completed, with full construction expected to be finished within a year after securing funding. - Business aims to offer accommodation, watersports, diving, excursions, and health and wellness retreats as its primary services. 4. Revenue model: - Business plans to charge MVR 2,700 per night for its 13 rooms, presenting a revenue model based on accommodation services. 5. The loan repayment can commence 6 months after the operation begins. 6. The company is registered, and the licenses, and approvals for operations will be obtained once the construction of the hotel is completed.