Mac Hotels Overview
Fundamentals of Mac Hotels
|P/E Ratio (TTM)||NA|
|Debt to Equity||NA|
Financials of Mac Hotels
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About Mac Hotels
Mac Hotels Limited was originally incorporated as a private limited company with the name 'Mac Hotels Private Limited' at Goa on December 20, 1990. Subsequently the Company was converted into a public ... limited Company pursuant to special resolution passed by the members in Extra-Ordinary General Meeting held on July 27, 2017 and the name of the Company was changed to Mac Hotels Limited on August 10, 2017. Edgar Maximiano Do Rosario Cotta, Edwin E R Cotta and Alfred M Cotta were the initial subscribers to the Memorandum of Association of the Company. Mac Hotels is primarily engaged in the business of owning, operating and managing hotels, restaurants and resorts in Goa since last 25 years. The Company has been incorporated with the main object to carry on the business of hotels, restaurant, cafe, caravan site, apartment house-keeper etc and related services. The Hotels and Resorts are tourist destinations for domestic as well as international tourists and are one of the frequented hotels in Goa. The Promoters i.e. Edwin E R Cotta and Edgar Maximiano Do Rosario Cotta are having experience of 25 years in the Hospitality Industry especially Hotels and Restaurants Segment. The Promoters have been instrumental in determining the vision and growth strategies for the Company. The Corporate Promoter Hotel Miramar Comfort Private Limited is also engaged in Hospitality Business. The Company has entered into Management Services Agreement (OYO Agreement) with Alcott Town Planners Private Limited on September 09, 2017 for providing the services such as - Managing the day to day operations of the property, manage maintenance and supervision of the property, providing food and beverages services. Read More
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