Acquisition Opportunity

in
Hospitality & Leisure

February 2019
Hotels and Resorts

• Owner owns and operates three properties,

– a 101 room five star property in Poovar:,
– 44 room five star property in Kovalam : and
– a Bed & Breakfast Budget Hotel in Kovalam –
• All the hotels have the Auyerveda centre run by the Group is operated.
• The Promoter proposing a strategic sale of the 101 room Poorvar and 44 room- Kovalam
property
– The opportunity is very unique as there is little scope for any another hotel to be
constructed neraby
– The land is owned by the Hotels and is free hold land
– Vizhinjam Port being constructed by Adani Ports is within 10 kms from either hotels. This
oppurtunity provides the acquirer to enter a market where no new properties can be
developed
• The Acquirer may acquire either one or both the properties.
Poovar Resort

• 101 room, Five star resort,

• Pool villa: 6, Vaidyasala rooms: 8, Leisure villa: 9,
Estuary view: 24, Garden cottages: 15, Garden view: 39
• Estuary Rooms built in 2004, expanded from 2008-11
• At mouth of estuary at Poovar, Kerala, 32 kms south of
Trivandrum
• Occupancy 52%
• accessed through private road, built by the resort
(only guests of the resort have access to the road) or by
jetty (also owned by the hotel) from where the guests are
ferried
• Resorts owns 16 acres
• built on 13.60 acres, 1.40 acres is for the Jetty
• 3 restaurants (with bar), 1 banquet Hall, 1 board room, lawn
• full fledged ayurveda centre where treatment
ranging from one week to three weeks is provided to guests
• The Resort as a wedding destination
• Bridal Asia will be showcasing the resort as a wedding
destination in its publication
• Can be expanded by 100 rooms.
Kovalam Beach Resort

• 44 room five star hotel

• Sky suite: 1, Suite room: 3, Twin turtle
room: 4 and Standard room 36.
• Located at Kovalam, Kerala, 16 kms south of
Trivandrum
• sea facing and is a five minute walk from
the beach
• spread over 1.05 acres free hold land
• 60% occupancy
• 3 restaurants (with bar), 1 banquet Hall, and 1
board room
• Has the ayurveda centre,
• additional 20 rooms leased.
• located in the property adjacent to the
hotel and can be accessed from the hotel
• On a 25 year lease from the owners
(however a discussion will need to be
had with the owners to see if they would
be interested in continuing with the
lease post the transaction)
Thank You