Qafqaz Hotels & Resorts

Name

Qafqaz Hotels & Resorts

Legal name

Qafqaz Hotels & Resorts

Website

https://qafqazhotels.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Mountain Resort Hospitality

NAICS

Hotels (except Casino Hotels) and Motels (72111), Skiing Facilities (71392), Traveler Accommodation (7211)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011)

akta.pro primary industry

Mountain & Ski Luxury Resorts (THAGACAB)

akta.pro secondary industries

Ski & Mountain Full-Service Hotels (THAGAAAJ), Winter Adventure & Mountain Resorts (Ski, Snowboard, Snow Activities) (THAAAAAK), Mountain & Wilderness Lodges (THAAAHAE), Mountain & Alpine Lodges (THAGAIAE)

Keywords

• Luxury mountain resort
• Hotel accommodation
• Spa and wellness
• Conference and events
• Adventure tourism

Headquarters

HQ city

Baku

HQ country

Azerbaijan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Hotel Room Bookings: Primary revenue stream from room reservations across multiple accommodation types including standard rooms, suites, cottages, and villas at both the Riverside and Tufandag properties.
2. Food & Beverage: Revenue from on-site restaurants and bars including Panorama Restaurant, Chalet Steak and Wine House, Burger Station, Gabala Cafe, Buta Bar, Shisa Bar, Kamin Bar, and Pool Bar.
3. Spa & Wellness Services: Revenue from spa treatments, massage services, fitness center, and sauna/turkish bath facilities. Multiple spa packages and individual treatments are offered at both properties.
4. Adventure & Recreation Services: Revenue from adventure activities including rope-way access, ATV tours, bowling, rafting, and other outdoor experiences. Also includes Gabaland and Gabala Shooting Club access.
5. Conference & Event Services: Revenue from conference hall rentals and catering services for corporate events, seminars, and weddings at both hotel properties.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Qafqaz Hotels & Resorts owns and operates two luxury mountain resort properties in Azerbaijan — the Qafqaz Riverside Hotel and the Qafqaz Tufandag Hotel — providing upscale accommodation, multiple restaurants and bars, full-service spa and wellness centers, outdoor adventure activities, and conference and banqueting facilities for leisure and business travelers.

Product overview

Qafqaz Hotels & Resorts operates a portfolio of two luxury mountain resort properties in Qabala, Azerbaijan: Qafqaz Riverside Hotel (luxury city-center hotel with rooms, cottages and villas on 20 hectares along the Dəmiraparan River) and Qafqaz Tufandag Hotel (high-elevation mountain resort opened in 2015 meeting five-star standards with ski access). The portfolio includes multiple room categories ranging from standard rooms to VIP suites, private cottages and mountain villas. Dining options span multiple restaurants including Qəbələ Restaurant (up to 400 guests), Kamin Bar, Pool Bar, Meşə Restaurant, Panorama Restaurant, Chalet Steak & Wine House (at 1920m altitude), Burger Station, Gabala Cafe, Buta Bar, and Shisa Bar. Recreation and activities include SPA/wellness centers, conference halls (Absheron 150-capacity, Quba 25-capacity, Goygol 25-capacity), rope line access to ski facilities (4 cable cars, 5.8 km), Gabaland entertainment center (18 hectares, largest in Caucasus), Gabala Shooting Club (28 hectares, ranked world top 10), Gabala Rafting (Azerbaijan's first and only), quad bike tours, bowling, and supporting services (catering, laundry, wedding photography, transfer).

Differentiator

Problem solved

Functional benefit

Brands

• Tufandag Mountain Resort: Year-round tourism complex featuring ski facilities, rope-way, mountain-top restaurants, and adventure activities at elevations up to 1920m
• Qabaland Entertainment Center
• Gabala Shooting Club

Products and services

• Qafqaz Riverside Hotel Upscale mountain resort property in the Gabala region offering accommodation, on-site restaurants and bars, spa and wellness facilities, outdoor adventure activities, and conference and banqueting venues for leisure and business travelers.
• Qafqaz Tufandag Hotel Luxury mountain/ski resort property in the Tufandag area offering upscale accommodation, restaurants, spa and wellness facilities, ski and outdoor adventure activities, and conference and banqueting facilities for leisure guests and corporate events.
• Spa and Wellness Services Full-service spa and wellness center operations across resort properties, offering treatments and relaxation facilities to in-house guests and external visitors.
• Conference and Event Facilities Dedicated conference rooms and banqueting facilities at both resort properties for corporate meetings, retreats, weddings, and incentive events, supported by on-site catering and accommodation.
• Adventure and Outdoor Activities Outdoor and adventure activities offered to resort guests, leveraging the Caucasus mountain setting for seasonal leisure experiences including mountain/ski activities and other nature-based recreation.

Quantifiable outcome

• Gabala Shooting Club is ranked among the top 10 shooting clubs worldwide and hosts numerous international competitions
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Gabaland Entertainment CentercoreStrategic or Co-development PartnerLocated adjacent to Qafqaz Riverside Hotel, Gabaland is the largest amusement park in the Caucasus region, covering 18 hectares in Gabala city. It offers attractions for both children and adults including karting, ice skating rink, ferris wheel, laser tag, and XD cinema. The park is a key reason tourists visit Gabala and directly complements the hotel's leisure and family-focused positioning.
• Gabala Shooting ClubcoreStrategic or Co-development PartnerSituated on 28 hectares in Gabala, the Gabala Shooting Club is the largest shooting club in the CIS region and ranks among the top 10 shooting clubs globally. It has hosted numerous international competitions and offers rifle, shotgun, and sporting shooting disciplines for both amateur and professional shooters. Available to guests of Qafqaz hotels.
• Gabala Rafting CenterminorStrategic or Co-development PartnerGabala Rafting is Azerbaijan's first and only rafting center, offering thrilling river adventure experiences for both beginners and experienced rafters. Promoted as an adventure activity for hotel guests. Website: www.rafting.az.
• Tufandag Winter-Summer Tourism ComplexcoreStrategic or Co-development PartnerA year-round modern tourism center at the foot of the Greater Caucasus mountains, considered one of the main attractions in Gabala. In winter it transforms into a ski resort with various difficulty slopes, equipment rental, and professional infrastructure. In summer, cable cars take guests to panoramic mountain views. Located adjacent to Qafqaz Riverside Hotel.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Kempinski Hotels: European-origin luxury hotel group with multiple mountain and ski resort properties (e.g., Kempinski Hotel Berchtesgaden). Comparable as a broader luxury incumbent operating in alpine and ski resort markets overlapping Qafqaz's premium positioning.
• Accor Hotels: Global hospitality group with luxury (Fairmont, Raffles) and premium mountain resort brands. Comparable as a broad incumbent offering upscale and luxury lodging in resort destinations, overlapping Qafqaz's premium positioning and MICE segment.
• Hilton Hotels & Resorts: Global hospitality company operating luxury and full-service hotels including resort properties in ski and mountain destinations. Comparable as a broad incumbent in the same traveler-accommodation category serving similar leisure, corporate, and event guests.
• Rixos Hotels: Turkey-based luxury all-inclusive resort operator with extensive mountain, ski, and beach resort properties across Eastern Europe and the CIS. Comparable as a broader incumbent offering luxury full-service resort experiences in regional mountain destinations.
• Marriott International: Global hospitality giant with luxury ski and mountain resort brands (e.g., The Ritz-Carlton, JW Marriott, St. Regis). Comparable as a broad luxury incumbent whose resort properties compete for the same international leisure and MICE travelers Qafqaz targets.
• Four Seasons Hotels & Resorts: Global ultra-luxury hotel operator with multiple mountain and ski resort properties worldwide. Comparable as a broad incumbent setting the luxury resort benchmark against which Qafqaz's premium positioning and high-altitude five-star experience is judged.

Regional players

• Golden Tulip Hotels: Middle East and CIS-affiliated hotel brand with properties across the Caucasus and former Soviet regions. Comparable as a regional player targeting similar inbound CIS, Russian, and Middle Eastern tourist flows in the same geographic adjacency.
• AZIMUT Hotels: Russian/CIS-focused hotel chain operating across Russia and former Soviet states. Comparable as a regional player targeting CIS travelers with full-service hotels in resort and business destinations — overlapping customer base with Qafqaz's Russian-speaking inbound segment.
• Intourist: Historic Russian/CIS tourism and hospitality brand with resort operations across former Soviet states. Comparable as a regional player with destination-resort assets appealing to Russian-speaking leisure travelers — overlapping Qafqaz's core inbound market.

Direct peers

• Shahdag Mountain Resort: Azerbaijan's other flagship ski and mountain resort, located in Gusar region. It is the most direct comparable — both operate luxury five-star mountain hotels in Azerbaijan with ski, adventure, and year-round tourism offerings targeting similar domestic and CIS tourist segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/qafqazhotels

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Qafqaz Hotels & Resorts