Hotel Elite Palace

What Hotel Elite Palace does

Hotel Elite Palace is a privately held, 4-star self-classified business hotel located at 214, Jhautola, Adarsha Sadar, Cumilla-3500, Bangladesh. Founded in 2022 and operating with a stated headcount of 18 employees, the company runs a single-property hospitality operation anchored by six differentiated room categories (Deluxe USD 100++ per night through Royal Suite USD 300++ per night, with a 10% service charge and 15% VAT added to all rates) spanning 220 to 630 square feet and configured for individual guests through group stays. The property also operates three food-and-beverage venues — the ground-floor Elite Continental Restaurant, the 200+ capacity first-floor Restaurant Dine & Delight (Indian, Thai, Chinese, and fusion), and the 150+ capacity rooftop Elite Sky View Restaurant — supplemented by a lobby Coffee Corner and 24-hour in-room dining.

The company's commercial offer extends beyond lodging into event management, covering corporate MICE (team building, conferences, product launches, trade shows), weddings (bridal stages, decor, catering, DJs), award ceremonies, and gaming festivals with celebrity-management capabilities. Standard ancillary amenities include complimentary buffet breakfast for room guests, fibre WiFi, free private parking, in-house laundry, and 24-hour room service, with a swimming pool listed as upcoming.

Hotel Elite Palace goes to market exclusively through direct channels — its own website booking form and a single phone reservation line (+8801981770777) — with no OTA, travel-agency, or third-party distribution partnerships disclosed. Pricing is uniformly per-night unit pricing with the same plus-plus tax-and-service structure across all six tiers. Revenue streams therefore consist of room rentals, food and beverage, and event-management fees, all generated from a single physical asset in a secondary Bangladeshi commercial city. No funding rounds, ownership disclosures, certifications, patents, or third-party performance benchmarks are present in the source data.

Name

Hotel Elite Palace

Legal name

Hotel Elite Palace

Website

https://hotelelitepalace.com.bd

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Hotel Elite Palace is a privately held, 4-star business hotel in Cumilla, Bangladesh, offering six room categories, three multi-cuisine restaurants, and event-management services to business travelers, families, and event clients via direct booking.

Ownership category

akta.pro rank

Product category

Business Hotel Accommodation

NAICS

Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211), Accommodation (721)

SIC

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

akta.pro primary industry

Resort Convention Hotels (THAGALAC)

Keywords

• Business hotel accommodation
• Hospitality services
• Event management venues
• Multi-cuisine restaurant
• Wedding event planning

Headquarters

HQ city

Cumilla

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Room Rentals: Nightly accommodation revenue from six room categories ranging from Deluxe (USD 100) to Royal Suite (USD 300), with 10% service charge and 15% VAT added to all rates. Breakfast generally complementary for room guests.
2. Food & Beverage: Multi-cuisine restaurant operating 24/7 serving continental, Indian, Thai, and Chinese cuisine. Multiple dining venues include Continental Restaurant (ground floor, 35+ capacity), Restaurant Dine & Delight (1st floor, 200+ capacity), and Elite Sky View Restaurant (150+ capacity). In-room dining available 24 hours.
3. Event Management: Corporate event services (team building, conferences, product launches), wedding events (decor, catering, entertainment), award events, and gaming festivals. Conference management services for MICE (Meetings, Incentives, Conferences, Exhibitions).

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Hotel Elite Palace is a 4-star business hotel in Cumilla, Bangladesh, operating 18 staff and offering accommodation across six room categories ranging from Deluxe to Royal Suite. Beyond lodging, the property runs three multi-cuisine restaurant venues and provides event management services covering corporate functions, weddings, award ceremonies, and gaming events.

Product overview

Hotel Elite Palace is a 4-star business hotel in Comilla, Bangladesh offering a unified hospitality platform comprising six distinct room categories (Deluxe through Royal Suite ranging from USD 100-300/night), three restaurant venues (Elite Continental, Restaurant Dine & Delight, and Elite Sky View rooftop restaurant), comprehensive event management services (corporate, wedding, award, and gaming events), and standard hotel facilities. All offerings are managed through the hotel's own operational systems without modular add-on architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Hotel Room Accommodation

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Radisson Blu Hotel Dhaka: International-brand full-service hotel in Bangladesh offering premium rooms, multiple F&B venues, and large MICE/event capacity; broadly comparable business model but with substantially more scale and brand reach than Hotel Elite Palace.
• Le Méridien Dhaka: International 5-star business and events hotel in Bangladesh with multiple restaurants and large banquet facilities; comparable on the rooms-plus-F&B-plus-events revenue mix that defines Hotel Elite Palace's offering.
• The Westin Dhaka: A flagship international brand 5-star property in Bangladesh with extensive F&B outlets and large-scale event/wedding facilities; comparable as a reference point on the upper end of the country's full-service business-hotel model.
• Pan Pacific Sonargaon Dhaka: Long-established international full-service business hotel in Bangladesh with multi-outlet F&B and event/wedding business; comparable as an upper benchmark for the full-service business-hotel model Hotel Elite Palace is emulating in Cumilla.
• Six Seasons Hotel: A larger, well-established luxury business hotel in Dhaka catering to corporate and MICE clients; broader and at a higher price point, but directly comparable on the full-service hospitality platform (rooms + multi-restaurant + event spaces) that Hotel Elite Palace aspires to in a Tier-2 market.

Direct peers

• Asia Hotel & Resorts: A Bangladeshi mid-market business hotel with multi-cuisine F&B and event hosting; comparable mid-scale full-service positioning, operating model, and target customer base to Hotel Elite Palace.
• Hotel Sarina Dhaka: A business-oriented 4-to-5 star hotel in Bangladesh with strong corporate/MICE focus; comparable to Hotel Elite Palace on customer segment (corporate travelers), service breadth (rooms, F&B, events), and target price-per-night positioning.
• Hotel Sea Palace (Cox's Bazar): A domestically grown Bangladeshi 3-to-4 star hotel outside Dhaka offering rooms, multi-cuisine restaurants, and event services; closely comparable on the mid-tier, locally branded, full-service hospitality platform serving domestic travelers.

Others

• Booking.com (OTA distribution partner): Global OTA whose absence from Hotel Elite Palace's stated distribution represents a meaningful channel gap; included as a peer for benchmarking because its commission economics and demand-generation model are the de facto reference point for any independent hotel's distribution strategy.

Regional players

• Lakeshore Hotels & Resorts: A Bangladeshi hotel operator with multi-property domestic presence; directly comparable as a domestically grown Bangladesh hospitality brand pursuing a similar mid-to-upper scale positioning, though primarily Dhaka-anchored.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hotelelitepalacecumilla

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 Hotel Elite Palace