The company Palmaris Hotels Ltd was founded in Gibraltar with the goal of creating the first global brand of so-called 5+ stars hotels.
The hotel on an artificial island, tall 164 m and 100% owned by the company is the first project. It will be situated in Dubrovnik, a majestic town with a fascinating architectural heritage.
The total investment for the first hotel is approximately $ 400 million. The projected net profit is $ 83 million per year.
On 110,000 square meters the hotel will have:
-1,924 beds in 339 rooms for 2 persons (55 m2), 286 family rooms for 3 persons (55 m2), 40 family rooms for 4 persons (62 m2), 35 suites for 2-4 persons (110-117 m2), 12 suites for 4-6 persons (165-172 m2) and 2 suites for 8 persons (337 m2),
– 8 restaurants: Breakfast, Croatian, French, All Europe, Chinese, Japanese, Jewish, Arabian,
– 9 bars: Lobby Bar, Pool Snack Bar, Beach Snack Bar, Casino Bar, Cocktail Bar, Italian Cafe, Viennese Coffee Palace, English Pub and Champagne Bar,
– a wellness and spa (2,700 m2),
– medical services (1,600 m2),
– a casino (1,900 m2),
– 7 conference/ballrooms (3,500 m2),
– a shopping arcade (4,450 m2),
– a night club,
– a disco club,
– a garage (14,000 m2),
– 4 outside and one inside the swimming pool,
– 4 tennis courts,
– water sports,
– a white sand beach etc.
Other hotels will be in Miami, Paris (both idea architectural projects are in the pipeline), London, and New York.
It will take approximately $ 2.5 billion to realize the entire business project over the next 8 years, which will be raised through shares sales, loans, and financial subsidiaries.
At the moment the company sells only 0.90 % shares (4,050,000 shares) at a price of $ 1.00 per share. The first investors can buy a stake in the company at a huge discount and achieve, for example, a gain of 430 % in 4 years or 1,760 % in 9 years due to rising shares value, plus dividends after the fourth year.
In the next (seed) round company will offer a 5.00% stake (22,500,000 shares) at a price of $ 1.60 per share.
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- Air conditioning
- Cable TV
- Cleaning after exit
- Cofee pot