Resort Management Firm Raising Funds In Nainital
About Business
This hotel and resort management firm aims to become a leading one-stop hospitality solutions provider in North India’s travel and tourism sector. Founded by a team of seasoned and dynamic entrepreneurs, the company specializes in managing and marketing mid-segment hotels and resorts.
At present, it operates 5 leased properties across Uttarakhand’s prime tourist destinations:
- Nainital – 3 hotels with a total of 60 rooms
- Jim Corbett – 1 resort with 35 rooms
- Ranikhet – 1 hotel with 11 rooms
With an average occupancy of 50%, the company has built a solid operational base and brand presence.
Looking ahead, it is planning aggressive expansion into high-potential markets, including Delhi, Rishikesh, Haridwar, Mussoorie, and Goa, and is actively exploring hotels and resorts for acquisition and management.
Clientele type
The primary clientele consists of tourists, with bookings generated through the company’s website, third-party portals, and direct walk-ins.
Premises
All the properties are operated on a lease basis.
Asking Price Includes
The terms of the transaction will be finalized in discussion with the prospective investor.
Asking Price
INR 20.00 Cr
Minimum ticket size
INR 20.00 Cr
Reason
The founders are seeking the right investor to support further expansion.
Keywords
Business Tags
₹10 to ₹200 Cr
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