Narada Hotel Group

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Narada Hotel Group - overview

Established

1998

Location

Hangzhou, Zhejiang, China

Primary Industry

Travel & Leisure

About

Based in Zhejiang, China, and founded in 1998, Narada Hotel Group operates as a hotel management service provider. At present, the group owns three brands of Junlan Resort Hotel, Junlan Hotel and Jinglan Hotel. As of December 2021, the company has achieved management performance in 23 provinces and cities in China, invested and managed more than 230 hotels with a total of more than 60,000 guest rooms. The group has set up sales offices in Beijing and Shanghai, and has the guest market, cooperation channels and marketing platforms in North, East and South China, which can provide a continuous source of guests for member hotels.


The company's business includes the preliminary consulting, engineering, opening, operation and other management projects of hotels and office buildings. It serves senior hotels, serviced apartments and high-end commercial office buildings.


Primary Industry

Travel & Leisure

Sub Industries

Hotels & Accommodations

Website

www.naradahotels.com

Company Stage

Add-on

Total Amount Raised

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Narada Hotel Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onAnnouncedNarada Hotel Group-

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