PREMIUM HOTEL - BANGALOREIndias Silicon Valley

Contact Info:

email: behotels@gmail.com

4 star business hotel in Bangalore CBD

The hotel is promoted by a business group from Bangalore. The free

hold property (land and building), located on a prominent road in CBD

of Bangalore, very close to MG Road. The hotel is strategically located

between a upscale national hotel chain on one side and the proposed

super luxury towers on the other. The iconic Ritz Carlton Hotel is also

coming up half a kilometer away. The hotel building is an advanced

stage of construction with civil structure and services in place. Work on

the interiors has commenced with orders placed for early delivery to all

vendors. The hotel can be commissioned in 90 days. Requisite

approvals & licenses are in place. The aesthetically pleasing aluminum

and glass vertical structure is being a designed by a leading Bangalore

architect.

Property characteristics

Land Type : Free Hold

Location : Heart of Central

Business District, 200 m from

Metro Stn.

Built up area : 36,600 SFT Aprox.

Super-built-up area : 49,500 SFT

Aprox

Plot size : 12,000 SFT

Number of Floors : Ground + Six

floors

Room Inventory : 86

Room Types : Standard; Deluxe;

Suites

F&B options : Coffee Shop; Pan-

Asian, Indian & a lounge bar

Amenities : Modern Gymnasium

Meeting Space : Conference

room with 40 pax capacity

Parking : Foyer & Basement for

40 cars

Best location in Bangalore CBD

Premium Surroundings - luxury hotels, apartments, parks, shopping

Ready to open in 90 days

Multiple restaurant (F&B) options for increased revenues

Ready to open & generate revenues

Projections:

Annual Revenues = US$.

5.3m

EBITDA - US$ 2m

Offered at US$ 21 millionCBD BANGALORE

Projected Revenues (US$) Scenario 1 Scenario 2 Scenario 3

Occupancy % 75% 65% 70%

ARR $!140 $!129 $!140

Annual Room Revenue $!34,43,952 $!27,55,161 $!32,14,355

Food & Beverage Revenues $!18,94,173 $!15,15,339 $!17,67,895

Total Revenue $!53,38,125 $!42,70,500 $!49,82,250

EBITDA $!21,35,250 $!19,21,725 $!19,92,900

Grade A section of Bangalores CBD; located along side the best business hotel and the most premium hotel in Bangalore (Ritz Carlton under

development less than 1/2 km away)

Location is a hot spot for both corporate

entertainment offers tremendous potential for food

and beverage business with hotel offering 3 different cuisine & a bar

Neighboring premium business hotels allows for easy

premium pricing strategy

Growth rates in occupancy and room rates in Bangalore were a robust 15% over last 3 year

Conservative future growth rate is estimated at 8% for next 3 years

Can generate returns of ~10% annually along with strong asset appreciation

No regulatory hurdles - Hotels are FDI Compliant and international investors can buy & sell at will

Key Highlights