Panorama Hotel

Name

Panorama Hotel

Legal name

Private Company MIKOTELGROUP

Website

https://panoramahotel.lt

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Hotel and Conference Hospitality

NAICS

Hotels (except Casino Hotels) and Motels (72111)

SIC

Hotels & Motels (7011)

akta.pro industry

PRIMARYTHAGALAH

Large-Scale Headquarters Convention Hotels

Travel & Hospitality/Lodging & Accommodation/Convention & Conference Hotels

Keywords

• Hotel accommodation
• Conference venue
• Restaurant services
• Event hosting
• Hospitality services

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Accommodation Services: Revenue generated from renting 252 guest rooms including various categories such as Single Rooms, Double/Twin Rooms, Sky View Rooms, and Deluxe rooms. Standard rate cancellation policy allows free cancellation 24 hours prior to arrival, while non-refundable rates require full payment upfront.
2. Conference Hall Rentals: Revenue from renting 8 conference rooms with capacities ranging from 10 to 300 people. Conference center is one of the largest in Vilnius Old Town and can host up to 700 people total.
3. Restaurant Services: Revenue from the on-site restaurant serving European cuisine. Restaurant serves breakfast, business lunch, and pre-ordered menus for groups, with capacity for 160 guests.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Panorama Hotel is a 3+ star hotel in Vilnius Old Town operating 252 guest rooms across multiple categories (Single, Double/Twin, Old Town View, Deluxe, Sky View), an on-site restaurant serving European cuisine for up to 160 guests, and a conference center with 8 halls capable of hosting up to 700 people. The property is operated by private company MIKOTELGROUP and markets accommodation, dining, and event services primarily to leisure and business travelers visiting Vilnius.

Product overview

Panorama Hotel is a 3+ star hotel offering 252 rooms in Vilnius Old Town. The hotel operates as a single unified property with three core service offerings: accommodation (rooms and apartments ranging from Single to Deluxe categories), an on-site restaurant serving European cuisine for up to 160 guests, and a conference center with 8 flexible event spaces totaling capacity for 700 people. The hotel is part of MIKOTELGROUP and features amenities including high-speed WiFi up to 1 Gbit, city parking, and airport transfer assistance.

Differentiator

Problem solved

Functional benefit

Products and services

• Guest Room Accommodation (252 rooms: Single, Double/Twin, Old Town View, Deluxe, Sky View) Overnight room accommodation for leisure and business travelers visiting Vilnius Old Town, available in five distinct categories with rates starting from 60 EUR/night (Single) up to 123 EUR/night (Sky View Room).
• Hotel Restaurant On-site restaurant serving classic European cuisine for hotel guests and external visitors, providing breakfast, à la carte dining, business lunch, and pre-ordered group menus with capacity for 160 guests.
• Conference Center (8 halls, up to 700 attendees) Rental of 8 conference and event halls (capacities from 10 to 300 people per room; up to 700 attendees combined) for corporate seminars, exhibitions, gala dinners, weddings, and private celebrations, with on-site AV equipment including simultaneous translation.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

One partnership is on record.

• MIKOTELGROUPcoreOthersPanorama Hotel is part of MIKOTELGROUP, a Private Company (JSC) that operates the hotel. MIKOTELGROUP handles sales, marketing, data collection, and reservation management for the hotel property. Registered address: Sodų str. 14, LT-01313, Vilnius, Lithuania. VAT ID: LT251614917.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Grand Hotel Kempinski Vilnius: Luxury heritage hotel in central Vilnius offering large-scale conferences, F&B, and spa. Adjacent competitor for premium MICE and leisure demand in the same catchment.
• Artagonist Art Hotel: Design-led hotel in Vilnius Old Town targeting leisure and small-business travelers. Competes for the same Old Town leisure guest and direct-booking channel.
• Hilton Garden Inn Vilnius City Centre: International-brand city-center hotel in Vilnius with meeting rooms and business amenities. Competes for the same transient and small-meeting demand Panorama targets.
• Radisson Blu Hotel Lietuva: Large full-service hotel in Vilnius with conference facilities and a broad room inventory. Directly comparable on city-center business and leisure demand, room scale, and MICE positioning.
• Best Western Vilnius: Midscale international-chain hotel serving Vilnius business and leisure demand with meeting space. Comparable 3–4 star positioning, group bookings, and OTA reliance.
• Novotel Vilnius Centre: Midscale international-brand hotel in central Vilnius with meeting space. Closely comparable tier, guest profile, and distribution mix through OTAs and corporate bookers.
• Radisson Hotel Old Town Plaza Vilnius: Upscale hotel in Vilnius Old Town with conference/event facilities. Direct competitor for Old Town corporate events, weddings, and leisure stays.
• Courtyard by Marriott Vilnius City Center: Upscale business-focused hotel in Vilnius city center with meeting facilities. Direct competitor for corporate transient and small-conference business.
• Congress Avenue Hotel: Boutique hotel on Vilnius Old Town's main avenue with conference/event capabilities. Comparable Old Town positioning, smaller room count, and similar MICE target use cases.
• Kempinski Hotel Cathedral Square: Luxury hotel located on Cathedral Square in Vilnius Old Town. Comparable on Old Town location, premium pricing, and conference/event hosting, though positioned at a higher tier.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/panorama-hotel-vilnius

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 Panorama Hotel