GreenPark Hotels + Resorts
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GreenPark Hotels + Resorts - overview
Established
1991
Location
-, Telangana, India
Primary Industry
Travel & Leisure
About
GreenPark Hotels + Resorts provides premium hospitality services, including stylish accommodations, diverse dining options, and event hosting in South India, catering to both business and leisure travelers. GreenPark Hotels + Resorts operates hotels focused on delivering quality hospitality experiences. Founded in 1991 in India, the company has expanded its operations to key metropolitan areas including Bengaluru, Chennai, Hyderabad, and Visakhapatnam. The founder, although not named in available data, has a history in the hospitality sector, contributing to the establishment and growth of the brand.
Hotel Greenpark offers a range of hospitality services primarily focused on providing accommodations, dining, and event hosting. The company operates hotels in key metropolitan areas of South India, including Bengaluru, Chennai, Hyderabad, and Visakhapatnam. Their core offerings include stylishly designed rooms equipped with comfortable amenities aimed at both business and leisure travelers. The hotels feature diverse dining options through restaurants and lounge bars that serve curated global and local cuisines.
Additionally, Hotel Greenpark provides banquet spaces designed to accommodate various events, such as corporate meetings and celebratory gatherings, ensuring a tailored experience for their guests. The company targets a wide customer base, including corporate clients, tourists, and locals seeking event or dining experiences. Hotel Greenpark generates revenue primarily through room bookings, dining services, and event hosting. The typical transaction structure involves direct bookings made by individual consumers or corporate clients for accommodations, often complemented by on-site dining at their restaurants.
Revenue from events is derived from bookings of banquet spaces, which can cater to both small intimate gatherings and larger corporate functions. Pricing strategies for rooms and dining services are structured to appeal to a broad range of clientele, ensuring accessibility while maintaining a premium experience. The flagship offerings, including their signature hotel experiences and curated dining options, contribute significantly to the overall revenue, aligning with the company’s commitment to exceptional service and guest satisfaction. GreenPark Hotels + Resorts plans to enhance its service offerings by introducing new products designed to cater to evolving customer preferences, with specific launches planned for 2024.
The company also aims to expand its footprint into additional metropolitan areas in India, targeting cities such as Pune and Kolkata by 2025. Recent funding will be strategically utilized to support these initiatives, ensuring that the company can maintain its quality service while pursuing growth in new regions.
Primary Industry
Travel & Leisure
Sub Industries
Hotels & Accommodations
Website
www.hotelgreenpark.com/
Total Amount Raised
Subscriber access only
GreenPark Hotels + Resorts - financials
| Fiscal Year Ended | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|
| Revenue (USD) | 1,846,242,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | 37,396,000 | - | - | - |
| Operating Income (USD) | (18,735,000) | - | - | - |
| Operating Margin | (1.0%) | - | - | - |
| % EBITDA Margin | 2.0% | - | - | - |
| NET Income (USD) | (44,815,000) | - | - | - |
| % Net Margin | (2.4%) | - | - | - |
GreenPark Hotels + Resorts - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Duet India Hotels (Chennai OMR) Private Limited | - |
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