Elite Palace Hotel

What Elite Palace Hotel does

Elite Palace Hotel is a privately held, single-property independent hotel located at Coronel João Alves 26 Centro in Pará de Minas, Minas Gerais, Brazil. Established circa 1950, the hotel has operated continuously for over 70 years from the same city-center address and is staffed by approximately 6 employees. Its offering comprises standard hotel rooms for short-term overnight stays and an apart hotel (extended-stay) option, supplemented by complimentary breakfast, on-site parking, and a co-located restaurant and bar (125 tables, 42 cocktails) that was ranked #1 in the area in 2017.

The business runs on a direct-to-consumer model with no enterprise or B2B contracts. Distribution is concentrated through four channels: the company's own website (elitepalacehotel.com.br) with an embedded Bitz Software booking widget, WhatsApp Business messaging at +55 37 3231-1778, walk-in / on-site reservations, and the on-site restaurant. Technology is minimal and non-proprietary: the property relies on a third-party booking platform and standard messaging tools, with no identified AI/ML features, APIs, or proprietary software. Customer segments are individual travelers and visitors passing through Pará de Minas, plus extended-stay guests such as contractors, business travelers, and relocating individuals; all named guests cited in the source material are individual consumers.

Revenue is generated almost exclusively from room rentals and F&B, with no disclosed pricing, no public revenue figures, no funding history, and no disclosed ownership structure. Marketing is lean — primarily the website, WhatsApp, and social media — supplemented by organic word-of-mouth from repeat and reviewing guests. The company's competitive position rests on local brand longevity, central location, and the award-winning restaurant, rather than on technology, scale, or differentiation in service design.

Name

Elite Palace Hotel

Legal name

Elite Palace Hotel

Website

https://elitepalacehotel.com.br

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

1–10 employees

Short description

Elite Palace Hotel is a privately held, 6-employee independent hotel in downtown Pará de Minas, Minas Gerais, Brazil, operating for over 70 years. It serves individual travelers and extended-stay guests with rooms, apart hotel units, breakfast, parking, and an on-site restaurant.

Ownership category

akta.pro rank

Product category

Hotel Accommodation

NAICS

Hotels (except Casino Hotels) and Motels (72111)

SIC

Hotels & Motels (7011)

akta.pro primary industry

Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD)

Keywords

• Hotel accommodation services
• Extended stay lodging
• Hospitality services
• Hotel room rentals
• On-site restaurant dining

Headquarters

HQ city

Pará de Minas

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Hotel Accommodation Services: The hotel generates revenue primarily through room rentals for overnight stays. It offers standard hotel rooms and apart hotel (extended stay) accommodations. Additional revenue streams include restaurant services and potentially event/meeting space based on the 125 tables and 42 cocktails mentioned.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Elite Palace Hotel operates a city-center hotel in Pará de Minas, Brazil, providing overnight guest room accommodations and apart hotel (extended stay) lodging. The property also offers complimentary breakfast, free parking, and on-site restaurant and bar services with a menu of 42 cocktails and capacity for 125 tables. Bookings are taken directly through the hotel's website and WhatsApp.

Product overview

Elite Palace Hotel is a single-service hotel offering accommodation services. The hotel provides guest rooms with parking, breakfast included, and attentive customer service. The company has been operating for over 70 years in the heart of the city of Pará de Minas, Brazil.

Differentiator

Problem solved

Functional benefit

Products and services

• Hotel Room Accommodation Standard short-stay hotel rooms for individual travelers, families, and visitors passing through Pará de Minas, including complimentary breakfast, parking, and attentive service.
• Apart Hotel (Extended Stay) Apart hotel units designed for extended stays of multiple days to weeks, targeted at guests such as traveling professionals, contractors, or relocating individuals needing apartment-style accommodations with hotel services.
• Restaurant and Bar On-site restaurant and bar service for hotel guests and walk-in diners, with capacity for 125 tables and a menu including 42 cocktails; recognized as the #1 restaurant in the area since 2017.

Quantifiable outcome

• 100% positive guest satisfaction based on displayed reviews mentioning cleanliness, attentive service, and value for money

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Atlantica Hotels: Atlantica Hotels operates a portfolio of mid-scale and full-service hotels across Brazil. Comparable as a broader Brazilian hotel operator offering standardized rooms, F&B, and event facilities similar to Elite Palace's offering.
• Nobile Hotels: Nobile is a Brazilian hotel chain operating mid-scale properties across multiple states, including secondary markets. It is comparable as a regional full-service hotel operator targeting cost-conscious business and leisure travelers similar to Elite Palace's customer base.
• Bristol Hotels: Bristol International Hotel is a Brazilian chain with properties in several states, focused on the mid-scale segment with full-service amenities including restaurants. Comparable as a broader Brazilian full-service hotel operator targeting business and leisure travelers.
• Ibis Budget (Accor): Accor's ibis Budget brand is a budget hotel chain with multiple Brazilian locations, targeting cost-conscious travelers. Comparable as a value-tier lodging option competing for travelers in secondary Brazilian cities.
• OYO Hotels Brazil: OYO operates a broad network of budget and mid-scale hotels across Brazil, frequently in secondary cities. While it provides brand, technology, and distribution to independent hotels, it competes for the same value-oriented traveler in interior markets like Pará de Minas, making it a relevant indirect competitor and potential aggregator partner.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/elite-palace-hotel

Revenue estimate

Valuation estimate

Number of profiles

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 Elite Palace Hotel