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Silver Pearl Hospitality Luxury Spaces Limited is a hospitality company and operate in the mid-priced hotel sector, consisting of the upper-midscale, midscale and economy hotel segment. The company owns, manage, operate and market the hotels. It also operate restaurants and a cafe. It undertake its business through: (i) direct ownership of hotel properties, (ii) long-term lease or license arrangements for the land on which it construct its own hotels, (iii) long-term leases for existing hotels or home stays which are owned by third parties, and (iv) marketing agreements. Its business development, project management and execution process teams are involved in gathering relevant market data and assessing the potential of different locations. Its hotel operations team seeks to ensure standardized pre-opening and seamless day-to-day operations, at desired levels of service and cost efficiencies. It follow a dynamic pricing policy based on various factors including anticipated demand, market conditions, inflation, competition, the state of micro-markets in which it operate and the economy in general.
