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    Bec BLR Hotel Summary 672010

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    beresearch
    The document summarizes a 4-star business hotel opportunity located in the heart of Bangalore's Central Business District, less than 1 km from the upcoming Ritz Carlton hotel. The 86-room hotel is located on freehold land and is 86% complete, with civil works and services installed. The hotel can be commissioned within 90 days and is expected to generate annual returns of around 10% along with strong asset appreciation, given Bangalore's robust hotel market growth rates of 15% over the past 3 years. The strategically located property has potential for food and beverage businesses to cater to both corporate clients and leisure travelers in the area.

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    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Bec BLR Hotel Summary 672010

    Uploaded by

    beresearch
    40 views2 pages
    The document summarizes a 4-star business hotel opportunity located in the heart of Bangalore's Central Business District, less than 1 km from the upcoming Ritz Carlton hotel. The 86-room hotel is located on freehold land and is 86% complete, with civil works and services installed. The hotel can be commissioned within 90 days and is expected to generate annual returns of around 10% along with strong asset appreciation, given Bangalore's robust hotel market growth rates of 15% over the past 3 years. The strategically located property has potential for food and beverage businesses to cater to both corporate clients and leisure travelers in the area.

    Original Description:

    2-page flyer on the Bangalore Business Hotel Proposal

    Original Title

    Bec Blr Hotel Summary 672010

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    The document summarizes a 4-star business hotel opportunity located in the heart of Bangalore's Central Business District, less than 1 km from the upcoming Ritz Carlton hotel. The 86-room hotel is located on freehold land and is 86% complete, with civil works and services installed. The hotel can be commissioned within 90 days and is expected to generate annual returns of around 10% along with strong asset appreciation, given Bangalore's robust hotel market growth rates of 15% over the past 3 years. The strategically located property has potential for food and beverage businesses to cater to both corporate clients and leisure travelers in the area.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    40 views2 pages

    Bec BLR Hotel Summary 672010

    Uploaded by

    beresearch
    The document summarizes a 4-star business hotel opportunity located in the heart of Bangalore's Central Business District, less than 1 km from the upcoming Ritz Carlton hotel. The 86-room hotel is located on freehold land and is 86% complete, with civil works and services installed. The hotel can be commissioned within 90 days and is expected to generate annual returns of around 10% along with strong asset appreciation, given Bangalore's robust hotel market growth rates of 15% over the past 3 years. The strategically located property has potential for food and beverage businesses to cater to both corporate clients and leisure travelers in the area.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    4 Star Business Hotel in Bangalore CBD

    JULY 2010 CALL FOR OFFER PRICE

    Located in the heart of the


    CBD - less 1Km from
    upcoming Ritz Carlton
    Location hotspot for
    corporate entertainment &
    leisure - tremendous
    potential for F&B
    Strong asset appreciation
    potential - asset in CBD
    Operational in 90 days with
    all permits and approvals

    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 an upscale national hotel chain on one side and a 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.

    Contact: Vishnu Das Property Overview


    Cell: +91 97409 31340
    Email: behotels@bigearcapital.com Land Type: Free Hold Room Types: Standard; Deluxe;
    Location: Heart of Central Suites
    Property#: 10916 Business District, 200 m from 1 Coffee Shop, 2 Restaurants, 1
    Metro Station Lounge bar
    Built up area: 49,500 SFT Amenities: Modern Gymnasium
    Number of Floors: Ground + Six Meeting Space: Conference room
    B I G E A R floors (40 people)
    C A P I T A L Rooms: 86 Parking for 35 cars
    Bangalore Market Overview
    CATEGORY ARR
    Growth rates in occupancy and room rates in Bangalore were a robust
    5 Star Rs. 14,450 15% over the last 3 years

    4 Star (Premium) Rs. 7,500 Bangalore has year round room demand from business clientele with
    stable business throughout the year

    Bangalore has 116 hotels of all categories and about 103 serviced
    apartments in the city, with a total supply of about 11,137 rooms with
    LOCATION DISTANCE
    hotels accounting for around 9,111 rooms with service apartments at
    around 2,020 rooms
    Airport 35 Kms
    Premium Hotel experienced an average occupancy of approximately
    58% and ARR of Rs. 7,500
    Metro Less 1 Km
    Key Highlights
    Indiranagar 5 Kms Grade A section of Bangalore’s CBD; located along side the best
    business hotel and the most premium hotel in Bangalore (Ritz Carlton
    under development close by
    UB City 2.4 Kms

    Location is a hot spot for both corporate entertainment and leisure.


    Electronics City 15 Kms Offers tremendous potential for food and beverage business with hotel
    offering 3 different cuisines & a bar

    Whitefield 17 Kms Neighboring premium business hotels allows for easy premium pricing
    strategy

    Growth rates in occupancy and room rates in Bangalore were a robust


    Contact: Vishnu Das
    15% over the last 3 years
    Cell: +91 97409 31340
    Email: behotels@bigearcapital.com
    Conservative future growth rate is estimated at 8% for next 3 years
    Property#: 10916
    Can generate returns of ~10% annually along with strong asset
    appreciation

    B I G E A R No regulatory hurdles - Hotels are FDI Compliant and international


    C A P I T A L investors can buy & sell at will

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