Renovating 1 Star Hotel To 2 Star Hotel In Makkah


Opportunity to renovate existing 1 Star hotel in Makkah to 2 Star hotel (280 keys) to cater the rising demand from religious tourists

  • Expected investment size of USD 3.4 Mn
  • Investment IRR: 19%
  • Payback period: 7.1 years
  • Opportunity to consider different operating models – FDI with 100% ownership or joint venture with local private sector player(s)