Luxurious boutique hotel located in the city center of Yerevan with 80-100% occupancy rate.

- The hotel has established a strong presence on prominent booking platforms such as booking. com, Expedia, and Bronevik, indicating a proactive approach to marketing and distribution channels.
- The business has cultivated robust partnerships within the tourism industry, including strong connections with the Armenian Tourism Federation, touristic companies, a major Georgian travel company contributing to 40% of occupancy, and a Persian travel company accounting for 10% of occupancy.
- Additionally, the hotel has forged connections with Azimuth Airlines, leveraging these relationships to accommodate their staff during flight disruptions.

The hotel rooftop cafe and bar. It has 17 rooms, 5 floors, and a parking area in a total of 755.5 sq meters.
It is a working hotel, in only five months we accepted 2,000+ guests.
Located 1.2km away from a city center and near the metro station. 7 minutes walk away from the Republic Square.
Well established on Booking. com, Expedia, Bronevik.

The business is sole proprietorship. The business was established using a combination of personal savings and reinvested earnings from other successful ventures. This blend of funding sources underscores a strong financial foundation and a commitment to leveraging existing resources for new growth opportunities.

Tangible Assets. Real Estate: The land and the physical structure of the hotel itself. Furnishings and Decor: Beds, sofas, tables, lamps, artwork of famous local designers 10 paintings of artwork, and other decor items. Equipment: Kitchen appliances, cleaning equipment, boilers, HVAC systems, computers, and office equipment. Inventory: Food and beverage stocks, cleaning supplies, toiletries, linens, and uniforms, kitchen appliances and technology. Vehicles: Any vehicles owned by the hotel for guest transport or operational purposes. Signage: Exterior and interior signage. Renovation and Maintenance Supplies: Materials used for the upkeep of the property. Security Systems: Cameras, alarms, safes, and other security-related equipment. Intangible Assets: Brand Identity: The hotel's brand name, logo, color scheme, and other elements contribute to its unique identity. Goodwill: The established reputation and customer relationships that contribute to future income. Georgian travel company, who is our biggest collaborator, ensures 40% occupancy monthly. Azimuth airlines-20%, and the rest comes from the Booking. com or from our website. Operational Systems and Protocols: Proprietary systems for reservations, guest management, housekeeping schedules, and other operational processes, software. Licenses and Permits: Liquor licenses, operational permits, health and safety certifications, and any other legal documentation required to operate the hotel. Contracts: Existing contracts with vendors, service providers (like internet, TV, and maintenance services), and any ongoing event or corporate agreements, Georgian, Armenian and Persian travel agencies contracts. Website and Online Presence: The hotel’s website, domain names, and profiles on social media platforms or travel review sites. Intellectual Property: Recipes for signature dishes, custom-designed uniforms or decor elements, and any copyrighted or patented material. Customer Data: Information about past guests, loyalty program details, and guest preferences. Staff Expertise and Loyalty: The trained and experienced staff whose knowledge about the hotel’s operations adds value. (12 workers) Market Position and Network: Established presence in the local hospitality market, including relationships with local businesses, tourism boards, and other hotels.