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Investment Opportunity: Casablanca Hotel

The Palace Project presents an investment opportunity in a 5-star hotel located in downtown Casablanca, established in 2003, with a strong reputation in the hospitality market. The hotel features 156 rooms, multiple dining outlets, and significant revenue predictability from contracts with major airlines, ensuring a 75% occupancy rate in 2024. The transaction involves the sale of 100% of the company's shares, backed by a solid operating history, low debt levels, and potential for expansion.

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lamiaamhairir123
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8 views1 page

Investment Opportunity: Casablanca Hotel

The Palace Project presents an investment opportunity in a 5-star hotel located in downtown Casablanca, established in 2003, with a strong reputation in the hospitality market. The hotel features 156 rooms, multiple dining outlets, and significant revenue predictability from contracts with major airlines, ensuring a 75% occupancy rate in 2024. The transaction involves the sale of 100% of the company's shares, backed by a solid operating history, low debt levels, and potential for expansion.

Uploaded by

lamiaamhairir123
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

PALACE PROJECT – Strictly confidential

Activity
An investment
opportunity in the - Corporate 5* hotel built and founded in 2003, premium location downtow Casablanca,
- Notoriety on the hospitality market / High level hospitality expertise
capital of a unique - Central and strategic location / Highly qualified teams
company - Personalized management of your events / Complete accommodation offer
- Diversified catering offer
- 156 Rooms including 16 suites and 1 royal Suite
- 5 F&B outlets : International restaurant / Franchise illycoffee / Bar Lounge / Morroccan
An investment Restaurant / Rooftop
- 8 Meeting rooms with different capacities and 1 ballroom (Capacity 300 Pax theater style)
based on a return in - 1 Spa, Hammam and fitness center at 7th floor
- Room division revenue 64% of total revenue
a mature asset with - F&B revenue 32 % of total Revenue
high predictability - Mice activity represents 20% of Total revenue
- 50% of Occupancy daily garanteed with 3 main contracts (Saudia airlines, Egyptair and
of turnover, results Etihad Airways)
and a solid balance - Main Clients : Crew / Corporate / Travel Agencies / Governement
- Occupancy of 75% in 2024 with an average rate of 1050 MAD
sheet - More than 5 Millions Mad invested in CAPEX over the last 2 years Financial Data
- Superficy of approximatively 14 800 m² built / land of 1632 m²
60 000,00 54 333,53 30%
48 881,73 27% 48 757,67
Investment Thesis 50 000,00 25%
36 797,05
The transaction - Management team with high level of expertise
40 000,00
19% 20%
consists of the sale - Premium Location Casablanca 30 000,00
15%
- Good litter capaicty 14% 14%
of 100% of the 20 000,00
- Strong visibility on revenue with 3 years contract with crews
10%
- Solid operating history with growth on revenue and profitability 10 000,00
company's shares - Low level of debt
- 5%
owned by one - Possibility of extending the hotel on a piece of land of 787 m² with 10 levels
2019 2022 2023 2024
(approxiamtively 70 additional rooms) -10 000,00 0%
family - Credit agreement with banks for a financing of 100 Millions Mad without interest for
potential renovation within the framework of the Caphospitality program Total Revenue % Growth EBITDA Adjusted

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