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Development
by Ribas
Cooperation in the development of projects such as apart-hotels and cottage towns with the participation of international hotel operator Ribas Hotels Group
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Arthur Lupashko, founder or Ribas Hotels Group
Cooperation with international hotel operator Ribas Hotels Group opens up broad prospects for you and allows you to use the potential of the development project as efficiently as possible.
Arthur Lupashko, founder or Ribas Hotels Group

It ensures stable occupancy of facilities and return on investment by developing investment projects. Ribas Hotels Group will be responsible for complex management of apartments and cottages and providing first-class service to guests.

Advantages of cooperation

When a project is implemented jointly with a hotel operator, a development company receives a number of benefits:

 

  • Marketing benefits. Real estate under our management is sold faster and more expensively by an average of 10-20%, as evidenced by the results of cooperation with us in 2022 and 2023.
  • Facility management.  In order to achieve maximum profitability, you can effectively manage all aspects of the project, including operational processes, service and marketing together with the hotel operator.
  • Business concept for a condo hotel or cottage. You use the successful business concept of an apartment hotel or cottage with typical architectural and design solutions. This helps to attract more customers, because the apartment hotel combines the comfort of living and the convenience of a hotel.
  • Design and construction standards. You get proven design and construction standards inherited from the hotel chain. This guarantees high quality construction, functionality, and aesthetic appeal of the facility.
  • Simplification of the repair and equipment process. Cooperation with a hotel operator simplifies the process of renovating and equipping a complex. You can use their experience and resources to perform the work efficiently and create a unique atmosphere in the facility.
  • Reputation and protection of interests. Cooperation with a hotel operator helps to protect and strengthen the developer’s reputation after the transfer of control over the facility. High-quality service and professional management of Ribas Hotels Group hotels will contribute to the formation of a positive reputation of your company.
  • Profit and a joint management company. This provides you with the opportunity to receive long-term income from the project and allows you to jointly develop and optimize the hotel’s operation.
Services within the framework of cooperation

The reason for a decrease in hotel profitability may be the moral backwardness of the concept, failures in operational processes and ineffective marketing. An audit helps create a clear plan for making changes without stopping the operation of the facility.

  • Creation of hotel concept
  • Design and construction support
  • Increased sales: PR and marketing
  • Preparation for putting into operation and operation of the hotel
CREATE AN APARTHOTEL OR A COTTAGE TOWN WITH THE RIBAS BRAND HOTEL OPERATOR AND GET THE FOLLOWING PRIVILEGES:
  • The cost of a square meter at the time of sale is 10-20% higher than the ordinary price.
  • Profitable concept and attractive brand of the Ribas national chain.
  • Guaranteed profitability for investors thanks to operational management.
  • Equipment and renovation according to the standards and prices of the hotel chain.
IN ADDITION, APARTMENT OWNERS ARE OFFERED TO USE THE RIBAS INVESTOR MOBILE APP, WHICH CAN:
  • Provide financial analysis of each facility;
  • Control the condition of the apartments;
  • Create a booking calendar;
  • Inform about balance and payment history.
Creating a financial model

We develop a financial model that will help you predict the main indicators of the future facility:

 

  • Operating profitability
  • Total profitability (operating + capitalization)
  • Investor’s net profit per year
  • Payback period
We will not start designing until we answer the question whether it will be profitable for you to build a hotel of this format in this particular location. After all, we not only create stylish hotels, but also clearly understand how long they will pay off and how much money is needed to realize them.

RIBAS HOTELS GROUP CREATES A FINANCIAL MODEL BASED ON:

  • Determination of the main financial indicators of the project’s effectiveness.
  • Development of a financial plan for the year.
  • Modeling the sales plan of the number of rooms for the year.
  • Determination of the staffing table.
  • Cost breakdown development.
  • Calculation of return on investment.
  • Formation of the investment budget (based on the experience of previous projects).
  • The proposed investment plan for project implementation.
Options for cooperation between the developer and the hotel operator Ribas Hotels Group
ROLE OF RIBAS
HOTELS GROUP
I. PARTIAL PARTNERSHIP WITH RIBAS: STRENGTHENING SALES, CONSULTING, AND MANAGEMENT
II. FULL PARTNERSHIP WITH RIBAS IN DEVELOPMENT PROJECTS
1. HOTEL COMPETENCES
- Hotel and restaurant concept development
- Provision of Ribas Hotels Group network standards
- Consulting during design and construction
- Joint PR activities
- Development of financial models and responsibility for ROI to investors
- Hotel and restaurant concept development
- Provision of Ribas Hotels Group network standards
- Consulting during design and construction
- Joint PR activities
- Development of financial models and responsibility for ROI to investors
2. PR SUPPORT
- The right to use the Ribas brand at the sales stage sq. m. Providing the necessary information within the framework of co-branding
- Posting information about the project on all channels of Ribas Hotels Group and Ribas Invest
- Tracking brand mentions in the network. Within the area of responsibility of the hotel operator
- The right to use the Ribas brand at all stages of the project. Providing the necessary information within the framework of co-branding
- Posting information about the project on all channels of Ribas Hotels Group and Ribas Invest
- Tracking brand mentions in the network. Within the area of responsibility of the hotel operator
3. COMPLEX MANAGEMENT
- Comprehensive operational management using the hotel's name jointly with Ribas or WOL home+hotel
- Comprehensive operational management using one of the Ribas Hotels Group brand
- Ribas and developer partnership in the management company's profit, at the developer's discretion
4. DEVELOPMENT
- Investor presentation development
- Mobile application and chatbot for investors
- Hotel and restaurant complex design project
- Marketing packaging of the development project
- Development of marketing and PR strategies and effective investor attraction channels
- Implementation of a modern sales department model
- Investor attraction through Ribas Invest's own channels
- Investor presentation development
- Mobile application and chatbot for investors
Project examples
Customer stories
We can tell you a lot about ourselves, but the best demonstration of how we work is the stories of our clients.
Frequently asked questions
All
Why do I need to contact you to design a hotel?

Any hotel project requires an attentive approach to the development of terms of reference and details. We develop a technical design assignment. It includes determining the number of rooms required, their categories and areas, technical rooms, premises for staff, area and location of infrastructure facilities: lobby, breakfast room, cafe, etc.

The effective use of all areas of the hotel and its successful further work in general depends on the quality of the technical specifications development.

When is the best time to start building?

We recommend carrying out the main part of the construction process in late spring and early autumn: lay the foundation pit and the foundation, and pull the volume of the building in height.

In the winter season, it is more advisable to rebuild the future hotel inside, and with the onset of the warm season, to begin the external decoration.

Following our approach, you get a complete object on time without downtime, without wasting extra money and time.

What experience do you have in hotel design?

Ribas Hotels Group has 55 properties in its portfolio that we design, build and manage in Ukraine, Moldova (1 hotel), Poland (1 hotel), Turkey (1 hotel) and Bali (8 hotels). We have 13 hotels and five Mandra glamping facilities completed and launched.

Which is better – to build a hotel from scratch or restructure an old building?

When building from scratch, you can achieve significantly higher quality and reliability of the building and its internal systems. During the construction, you will not need to deal with the correction of other people's mistakes that were made during the construction phase, as during the reconstruction.

When constructing a new building, it is more realistic to create it correctly, in accordance with all applicable building codes and regulations, than during reconstruction.

How to calculate the construction cost?

At the initial stage, the cost calculation is based on the area of the hotel and its functionality. As the work plan is drawn up, the budget is detailed – the cost of building materials and components, the amount of work are specified. It is imperative that when planning the budget, the general concept of the project is taken into account – if it is an eco-hotel, then the most natural materials are selected. If it is necessary to emphasize the status, we use expensive materials, exclusive design solutions.

Why is it profitable to invest in hotel construction?

Investing in a hotel business has many benefits:

Safe investment. Investments will pay off within 7-15 years. Capitalization growth. A successful hotel grows in value as a real estate object. Image. The owners of the hotel and restaurant sometimes use their hotel as a place for business meetings.

Contact us
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Ukraine

Odesa, 25 Lesya Ukrainka Avenue
Lviv, 6 D. Danylyshyna Street
Kyiv, 2 Nezalezhnosti Square, Spaces

+38 (097) 842-08-34

Poland

126, Marszalkowska Centre, Marszałkowska 134, 00-008 Warszawa

+447488817906

Bali

Jl. Raya Sanggingan No. 89, Ubud, Kedewatan, Kec. Gianyar, Kabupaten Gianyar, Bali 80571

+38 (098) 414-36-67

United Kingdom

27 Old Gloucester Street, London, United Kingdom, WC1N 3AX

+447488817906