DIOSER HOTELS aims to become an investor and a reference in hotel development across Africa - An In-depth expertise of the hotel market.
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Bamako
State: Bamako
Zip:
Country: Mali
DIOSER HOTELS aims to become an investor and a reference in hotel development across Africa - An In-depth expertise of the hotel market and its developments in Africa - A High-end positioning (luxury) and middle-end, responding to a growing demand - A Sector offering unique investment opportunities and profitability - A Target of 12 hotels by 2025. The name DIOSER is a reference to the glorious Africa in honor of the Egyptian pharaoh Djoser. His reign (2691 -2625 B.C.) was notably marked by a long period of economic prosperity. Djoser is mostly known for giving to the Egyptian royal tombs the famous pyramid shape they have today. The project object of this offer is a 5-star hotel which was initiated by the Malian government in 2009. Since 2012, the work was interrupted due to the multifaceted crisis experienced Mali. It is in this context that the company DIOSER S.A. signed in December 2015 a concession agreement with the Malian government to: - Perform finishing work - Financing the equipment and supplies - Entrust hotel management to French Louvre Hotels Group through its prestigious international chain GOLDEN TULIP. The company DIOSER SA, for this purpose, already signed the management contract and a technical assistance contract with Louvre Hotels Group to operate the future hotel under the Golden Tulip brand. DIOSER plans to open this hotel in the first quarter of 2017. The main structure of the building is completed, the deadline for finishing work and equipment is estimated at 11 months. The concession period is 15 years from the opening date of the hotel.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 4/2016 | Equity Crowdfunding | $4M |
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