VineCliff

Investment Projects

Company Overview

VineCliff LLC is run by London-based Armenian winemakers with 25+ years career with major multinationals in consumer goods (Kraft, BAT), hospitality and food service (Whitbread) and retail (Colart) sectors. Founders have International business development experience in EMEA, CEE, CIS and SEA, in hotel and property development projects in CEE and Russia, as well as in franchising in London.

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Vine Cliff Hotel in Areni

Vayots Dzor

Within the period 2008-2019, the number of tourists visiting Armenia has increased 3 times from 575.000 people to 1.932.000 people. Being a cradle of winemaking, Armenia has become a leading destination for wine tourism. The latter trend has become trendy, especially within 5 years when the Irish expedition in Areni, South of Armenia discovered the earliest known winery dating back to 6000 BC. With this in mind and given limited hospitality infrastructure in the area, the owners of the company has embarked on building a VineCliff Boutique Hub in Areni. The 700 sq.m. land plot has already been acquired and cleared of all existing structures, all the corresponding construction permits are secured from the local authority. The Hub will consist of an eleven-room 3-star hotel with a restaurant (The Vine Cliff Hotel) and a wine tasting facility. The four-floor building will have on its Level 1 storage, spa, and sauna coupled with the steam room. Levels 1 and 2 will also cover the 11 guest rooms, Level 4 – a rooftop bar. The hub will invite its guests to discover and experience Areni and its surroundings - its land, nature, history, viticulture and winemaking combined with additional tourist services. The hub will cater primarily to enotourists, both local and international, who will be offered a range of services such as dining, wine tastings, and various tours of the surrounding area. The hub, given its location, the wine making credentials, and the increasing importance of ecotourism, coupled with the multiple revenue streams will deliver a competitive ROI.

Required investments

$445,500

173 299 500֏

Profitability

14%

VineCliff LLC

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