Midmarket Budget hotel chain looking for O&M opportunities

By PawanKumar1
Posted On: 08 / Jul / 2021
0 643

Deal Details

Annual

Deal Type

Buy (Investor)
Maximum Loan

Industry

Hospitality
Charge

Deal Status

Active

Deal Description

A midmarket Budget hotel chain is looking for taking over O&M of 2-3 star (budget) hotels. Can provide some advance for renovation of the properties, if necessary to the property owner. Focused on for Tier 1 cities primarily. Opportunistic in Tier 2 cities and leisure destinations. Ownership remains with the property owner. Long lease agreements to be got into. Basic information to be provided along with google pin of the location to take things forward. Mandate from the property owner would be needed. Any number of properties can be looked at. Deal value provided is indicative

No Files Attached

Deal Value
₹ 79.9 Crore
Targeted Region
Americas

Revenue

2019-20
₹ 7.99 Crore
2020-21
₹ 7.99 Crore
2021-22
₹ 7.99 Crore
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