Project Cost: RM1.1mil (Depends the size of the hotel)

Amount Invested : n/a

Amount Required : RM1.1mil

Knowledge / Experience Required: general management

Proposed Investor’s Role: nil

Industry: tourism / hospitality

Project Stage: start-up


Company History:

Mr Lim C.M., Managing Director for Olive Hospitality – He has over 10 years of hotel management experience. He is a graduate of Keris College, Malaysia. Prior joining Olive Hospitality, he was with:
1. Paradise Sandy Beach Resort, Malaysia
2. Le Meridien Singapore
3. Pan Pacific Singapore
4. Parkroyal Serviced Suites, Malaysia
5. Arenaa Hotels Group, Malaysia
6. The Everly Group, Malaysia
7. Grid 9 Hotel, Malaysia.

Product / Service Description: Budget Hotel

Business Opportunity:

Tourism Facts: Malaysia welcomes 7.09 million tourists in the first quarter of this year, marking a hike of 10%, from 6.45 million tourists over the same period last year. The industry experienced a remarkable growth and evolved to become one of the country’s fastest growing economic sectors, contributing billions of dollars each year in tourist receipt.

Revenue Model: Revenue generated through room revenue and other miscellaneous revenue.

1. Online Travel Agents (Agoda,, Expedia..etc)
2. Official Website
3. Hotel Direct (Phone in or email)
4. Social website
5. Tour Agency
Management Team: Mr Lim C.M. – Managing Director

Current Status: Planning Stage:
1. Ready Standard Operating Procedure (SOP)
2. Renovation costing prepared
3. Operation costing prepared
4. Sales & Marketing plan
5. Ready contractor to start renovation works
6. Ready suppliers for hotel amenities
7. Ready property (few locations)

Funding Milestone: The funding will be used to:
1. Rent out a premise
2. Renovation cost (include purchasing furnitures)
3. Operation cost
4. Licensing fee
5. Miscellaneous

Business Valuation: Open for discussion

Expected Return On Investment: n/a

Investment Risk and Mitigation: n/a

Exit Strategies: n/a


Lim C.M. (
Company Name: Olive Hospitality
Postal Address : Unit 10-06, Jalan C180/1, Dataran C180
State : Selangor
Post Code : 43200
Country : Malaysia
Website :