About Novotel
Novotel is a company based in Trabzon (Turkey) founded in 1991 was acquired by Huazhuhui in January 2018.. Novotel has raised $1.18 million across 1 funding round from investors including Huazhuhui and Altur Investissement. Novotel offers products and services including Hotel Stays and Event Management.
- Headquarter Trabzon, Turkey
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Accor
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Novotel
Novotel offers a comprehensive portfolio of products and services, including Hotel Stays and Event Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hotel stays are provided for family holidays, business trips, and wellness retreats in modern rooms across global destinations.
Event management services are offered for meetings and conferences, with support from dedicated teams to facilitate successful outcomes.
Unlock access to complete
Unlock access to complete
Leadership Team
103 people
Software Development Team
91 people
Sales and Marketing
80 people
Human Resources and Administration
49 people
Product Management Team
29 people
General Team
28 people
Finance and Accounting
25 people
Operations Team
20 people
Unlock access to complete
Funding Insights of Novotel
Novotel has successfully raised a total of $1.18M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $1.18 million completed in June 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $1.2M
-
First Round
First Round
(01 Jun 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2012 | Amount | Private Equity Round - Novotel | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Novotel
Novotel has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Huazhuhui and Altur Investissement. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments are directed toward high-potential companies across multiple industries.
|
Founded Year | Domain | Location | |
|
Hospitality company based in China
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Novotel
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Novotel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Novotel Comparisons
Competitors of Novotel
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Novotel
Frequently Asked Questions about Novotel
When was Novotel founded?
Novotel was founded in 1991 and raised its 1st funding round 21 years after it was founded.
Where is Novotel located?
Novotel is headquartered in Trabzon, Turkey. It is registered at Trabzon, Trabzon, Turkey.
Is Novotel a funded company?
Novotel is a funded company, having raised a total of $1.18M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $1.18M, raised on Jun 01, 2012.
What does Novotel do?
Novotel was founded in 1991 and is based in Trabzon, Turkey, within the hospitality sector. Hotel operations are managed through a network of midscale properties offering accommodations, dining options, and meeting spaces. Services are tailored for business and leisure travelers, with emphasis on regional presence in Turkey. The domain novotel.com supports online reservations and information access for guests worldwide.
What products or services does Novotel offer?
Novotel offers Hotel Stays and Event Management.
Who are Novotel's investors?
Novotel has 2 investors. Key investors include Huazhuhui, and Altur Investissement.