Barrows is looking for struggling hotels

Barrows ( provider of hotel investment and advisory services for hotels in the Middle East and Africa, is looking for struggling hotels in West Africa to buy them and turn them into a successful hotel brand.

Barrows focuses on hospitality businesses with an immediate need for cash flow and efficient management. The aim is to buy 50 struggling hotels with a total of 7,500 rooms and consolidate them as Barrows Hospitality and Leisure Group.

The effects of the global pandemic have left many hotel entrepreneurs at a loss. The hotels are abandoned and the owners or operators are unable to revive the hotel after the long closure. We are breathing new life into the hotel by carrying out sustainable renovations and bringing in new management. Barrows finances acquisitions through long-term facilities with institutional investors and investment banks.

Every week we are approached by investment banks wanting to fund unique assets. Hotels are clearly one of them. We are specifically looking for airport hotels, beach resorts and business hotels. We add value to assets and increase cash flow and earnings. We offer investors a solid guaranteed return and their capital is also guaranteed. A perfect solution for all parties, according to President Erwin Jager of Barrows.

Barrows Hotel Enterprises globally manages more than 10,000 hotel rooms in more than 10 countries. The company started in 2008 as a real estate investor in the Dubai residential market. Since 2012, Barrows has changed its strategy and the company is fully focused on the growing hospitality industry in the Middle East. Since 2020, Barrows has been active throughout the MENA region, including West Africa.

Distributed by APO Group on behalf of Barrows Hotel Enterprises.

This press release was issued by APO. Content is not vetted by the African Business editorial team and none of the content has been verified or validated by our editorial teams, proofreaders or fact checkers. The issuer is solely responsible for the content of this announcement.

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