Portfolio Three/Five Hotels Morocco, from Five- Star to Budget

By Dev Anand | 18 February 2021

Locations: Two in Marrakech and One, triple-branded in Casablanca

Names: TBA

Guide Price: €37.25m, €26m and €29m

No. of Keys: 212, 168 and 411

The Opportunity: This substantial portfolio of three hotels would allow a global hotel group gain a major foothold in this popular leisure destination. The group, comprises:

Marrakech, Five-star, 212 rooms currently operating as an adults only All-Inclusive, guiding at €37.25m
Marrakech, Four-star, 168 rooms currently operating as a family All-inclusive, guiding at €26m. The two hotels in Marrakesh are on the outskirts of the city.
Casablanca, Budget-class, one property, tripled-branded with 411 rooms in total: 189, 124 and 98, guiding at €29m for the three. The hotels are adjacent to each and share some facilities like meeting rooms, restaurants, laundry and parking. This hotel is located a half-mile from the heart of town and just under 19 miles from the airport. PB

In addition to the portfolio, we have a really interesting 160-room five-star in acres of landscaped gardens in Marrakesh available, flag-free

Main Picture: The pool at the five-star hotel in Marrakech 

Current Owner: Privately-owned

Flag and Management: Single management company in place for each of the hotels, with a 12-month break clause. The one hotel in Casablanca is under three different brands of a one global chain.

Financials: 2019 data available upon signing LOI/EOI

Tenure: Freehold

Agent: Local agent in partnership with THPT

Guide Price: €37.25m, €26m and €29m

Price per Room: €176k, €155k and €70,560

Date Posted: February 2021

THPT Comment: An opportunity to buy this portfolio of hotels, either with management, or flag-free, in Morocco. The five-star in Marrakesh in a separate deal, that we can explain more fully on the phone.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email [email protected].

MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.

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