Projects

Luxury Hotels

Alrov is a developer, owner and operator of 5 star luxury hotels that are characterized as leading properties in terms of location, architecture and design, standards and management.

Alrov Luxury Hotels is a leading collection of hotels that provides a refined, proficient and personal hospitality experience. The hotels combine prime locations, unique heritage, luxurious design and contemporary environments for international and local communities.

Alrov strategy is to expand its luxury hotel portfolio by acquiring landmark heritage assets in major cities with strong tourism demand.

Expansion Strategy:

  • The company's international expansion strategy is purchasing hotels in major cities in Western Europe and NY City
  • Preferred locations include cities with strong hotel rooms' demand market with further upside potential, both in terms of ARR and % Occupancy

The key criteria are as follows:

  • Major European cities and New York city with strong tourism demand
  • Landmark buildings situated in prime positions
  • Focus only on luxury 5 star hotels category
  • Each hotel branded independently and managed by Alrov Management Company
  • Focus on top quality environment and service to ensure unrivalled guest experience
  • Establish a recognized and professional team of both real estate development and hotel management

Opportunities Include:

  • Properties with more than 100 rooms
    • Existing hotels
    • Hotels conversion projects
    • Prime sites
  • Residential components is a plus