Acquire the only quality hotels in an important port city and free trade zoneThe Business
Two operating hotels are on offer in the Baltic Sea port city of Ventspils, Latvia. These are the only hotels that offer this level of quality in Ventspils. There are no 4-star or 5-star hotels in the city.
The first hotel is a business hotel located two kilometers north of the city center in a business district. It has 53 rooms ranging from single to luxury in a 2700 square meter building on just over 4000 square meters of land. The hotel has a restaurant and a separate building with professional laundry equipment.
The second hotel, located in the middle of city center, is the largest hotel in Ventspils. It has 68 rooms ranging from single to luxury in a 2300 square meter building on 5600 square meters of land. All rooms are equipped with private bathrooms, showers, and TV’s. Buffet-style breakfast is included in the accommodation price, as well as access to a swimming pool. The hotel has a restaurant with simple kitchen equipment, an infrared sauna and swimming pool.
Market
The port city of Ventspils is an important link for the export of Russian oil and coal via the Baltic Sea. Since 1997, Ventspils has been a “free port” special economic zone. Revenue from Ventspils’ ice-free port services has made it Latvia’s the wealthiest city.
These hotels are certified and meet all the standards of Association of Hotels and Restaurants of Latvia. Both hotels have positive cash flow.
Sector: HospitalitySegment: HotelsRegion: EuropeFinancing Size: $1m to $5mContact: Viesturs Zellis
Company: J PartnersTelephone: 37129484222Email: [email protected]