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Listing Id: 4258 Last Refreshed: 07/05/2019 13780 Views

HIGH RETURN 4 STAR HOTEL IN YOGYAKARTA, INDONESIA for SALE

Closed
Asking Price > S$5M
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Annual Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Full Time
Premise Size
193750 sqft / 18000 sqm

Business Details

Reason For Sale

Owner looking to consolidate and diversify business portfolio

Description


The word CAVINTON was derived from a medicine that provides peace and tranquility to the soul. With this in mind, CAVINTON HOTEL guests are pampered with amenities and activities that will provide peace and tranquility to their soul while staying at CAVINTON HOTEL. The CAVINTON Hotel Yogyakarta, is a 4 star hotel located near the Malioboro Tourist Area. The hotel provides 208 spacious rooms & suites equipped with ballroom & meeting rooms that can accommodate up to 500 pax and has state of the art meeting room equipment. A 15 minute walk to local tourist attractions make it a favorite among visitors.


Owner is selling to consolidate properties and diversify business portfolio. This property is profitable and has been operating as a 4 star hotel since 2014. It has a high occupancy rate of 70% and generates $2.5M in sales year over year.


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