Luxury Hotels Seeking Loan

The hotel is strategically located in Wadi Musa, a gateway to the world-renowned archaeological site of Petra, Jordan. - Has been recognized for its exceptional service, having ranked among the top 14 hotels in Jordan on TripAdvisor, showcasing a strong track record of customer satisfaction. - The hotel is currently undergoing renovations, which are expected to be completed within 45 days, enhancing the overall guest experience and facilities. - Due to this, we have been non-operational for 8 months, hence current monthly revenue figures have not been updated. - It boasts 17 rooms and has gotten the approval to reopen it as a 3-star hotel. - Post-renovation, the hotel's rooftop restaurant will expand its seating capacity from 40 to 70, allowing for greater guest accommodation and dining experiences. - The hotel provides a range of services including comfortable hotel rooms, local food and drinks, and entertainment facilities, catering to various guest preferences. - While operational, the hotel has maintained an occupancy rate of 60-70%, - Typically achieves a healthy EBITDA margin of approximately 55%, reflecting its operational efficiency and profitability potential. - The business has the necessary registration document which includes all the approvals to run the business in Jordan.