Purchase a modern, newly constructed hotel that is strategically located in an active energy development areaThe Business
This four-star class hotel consists of an eight-story, 10,000 square meter building with 149 rooms that was built in 2006 and began operation in December that year. This hotel is of unique quality for the region and has no comparable competitor.
The hotel has a fitness center, restaurant with show-kitchen, conference halls, a business center and offices for short-term lease. The top floor has a 130-seat bar and a 180 square meter open terrace. Of the 149 rooms, 35 are suites, and five of them two-room suites. All rooms have modern individual climate control, multilevel security, heat detectors, sprinklers, modern phone and Internet lines, and satellite TV with 57 channels.
The hotel staff was western-trained, and an affiliation agreement has been negotiated with one of the world’s leading hotel brands (though the agreement has not yet been executed).
Market
The Hotel is located in the region’s capital, which is the base city for operations for many companies that are participating in huge offshore oil and gas projects. A number of oil companies and oil and gas services have regional headquarters in the city. Visiting contractors, management personnel and engineering, technical and service personnel provide a high demand for modern hotel facilities. As a result, the hotel has an international blue chip list of regular customers.
The Shareholders are interested to sell the hotel.
Sector: HospitalitySegment: HotelsRegion: RussiaFinancing Size: $20m to $50mContact: Charles Borden
Company: FinancePlusTelephone: +7 985 768 8505Email: [email protected]