General Description

This excellent 2-star hotel enjoys an enviable location in the heart Kato Pafos, the main of the touristic area of the city of Pafos. Currently, the hotel is organized in 10 front Stores, 5 Studio Apartments, 11 One-Bedroom Apartments, and 4 two-bedroom apartments. All the apartments have spacious areas that can guest additional bedrooms.

Required improvements based on the analysis of Amazon Investments Hotel Management Department:

  • As per the 2018 government legislation for hotels that encourages the construction sector in Cyprus by allowing to build additional square meters on the same plot, the hotel can easily receive the approval from the Cyprus Tourism Organization to change it to a 3-stars hotel or Boutique hotel which will have the following
  • Change the Outdated interior design
  • The hotel offers investors prospective value-add upside through refurbishment, as well as the potential for operating upside through the introduction of professional hotel management.
  • Improvement of energy consumption, ventilation, and cooling capabilities.
  • Optimized room layouts and reduced the floor footprint.
  • Rebranding by focusing on updated market data.
  • Training of existing staff to improve customer service and consequently customer satisfaction (building a loyal clientele). Employ Russian and English native speakers.
  • Focus on prices more than occupancy rate in order to improve the average daily rate (ADR)
  • Run segmented and focused digital marketing campaigns
  • Implementation of pricing strategies such as upselling, cross-sale promotions and complimentary offers

Profitability Ratios:

Why cooperate with us

As experienced owners and operators of renowned hotels around Europe, we can guide you effectively through the whole process of acquiring your own hotel. Our dedicated team has huge expertise in the provision of consulting services to existing and potential hotel owners. Through sophisticated analysis, we can identify management and general operational inefficiencies. We boast access in closed databases providing us with valuable insight into the market and our competitors. Our analysts can prepare sophisticated feasibility studies tracking the profitability end detecting financial prospects. Our negotiation team can utilize its connections within the banking system to help our clients to ensure financing from Banking institutions.

Communicate with us

This property is handled by Mrs. Inna Ivanona (EN/RU). You can communicate with her on the phone: +357 26 600 688 or send her an e-mail to [email protected]

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