Stuart Billmeier
bronx, NY (USA)
Role(s):
Holiday Inn and Suites
Find More Startups
Startup
Location:
bronx
Industry:
Hospitality
Year Founded:
1986
Number Employees:
INVALID
Description:
It is a Holiday Inn and Suites. The 2 million dollars would go for the downpayment. The cost of acquiring the hotel will be approx 6.5 million. It has 201 rooms, 7 meeting rooms with over 4,000 sq/ft. It is located right off the interstate, yet it doesnt even have a sign up. Even with the lack of proper advertising it still is able to maintain a average daily occupancy rate of 58.6%. Any investment would be made into my company and therefore would not be limited to this one hotel. As my company grows so will your investments. If you would like any more information about me or this hotel please email me at (URL removed). Partnerships welcome