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Jazz Hotel

A modern hotel known for its premium services aimed to attract leisure and business travellers.

Categories

Hotel & Restaurants, Hospitality,

Product Gallery

Reasons for Shutdown

Covid-19 Pandemic

Ceased operations amidst Covid-19 pandemic.

Jazz Hotel ceased its operation by 30 April 2020 as Covid-19 pandemic continues to hit the hospitality business.
A memo from board of directors and management to its staffs stated that the hotel will be closed, and retrenched its employees.

Failed Fundraising

Failed to raise subsequent funding.

According to reports, the hotel also failed to raise subsequent funding from investors leading to financial crisis.
It also noted that the company was in deep financial crisis for months even before the outbreak, and had tried to maintain its staffs.

Direct Competitors and Similar Companies

Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%

No.	Name	Similarity score	Description	Industry	Categories	Location	Ownership status	Entity type	Stage of development	Transactional model type	Defensibility moats	Last financing round	Total raised	Post-money valuation	Last financing date	No. of funding round(s)	No. of investors	Investors	Total revenue	Market capitalization	No. of investments	No. of acquisitions	No. of board seats taken	Competition	Management	No. of employees	Company reputation	Contact info	Operational status	Operational duration	Shutdown date	Founded date	Legal name	Former legal name(s)	Ticker
1.	G City Club Hotel	55.5%	A boutique hotel that was designed for business travel.	Leisure, Travel & Tourism	Leisure, Travel and tourism, Hospitality	Malaysia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500-1000	-	-	Inactive	-	-	2009	-	-	-
1.	Luxe Rodeo Drive Hotel	29.4%	A luxury hotel.	Leisure, Travel & Tourism	Travel and tourism, Hotel & Restaurants, Hospitality	United States	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Inactive	-	-	1962	-	-	-
2.	Hotel Penaga	25.7%	A heritage-inspired luxury boutique hotel.	Leisure, Travel & Tourism	Hotel & Restaurants, Hospitality	Malaysia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Inactive	-	-	2008	-	-	-
3.	NokScoot	17.0%	A low-cost airline	Leisure, Travel & Tourism	Transportation, Hospitality, Travel and tourism	Thailand	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Inactive	-	-	2014	-	-	-
4.	WOW Air	15.0%	High performance low-cost airline.	Leisure, Travel & Tourism	Transportation, Hospitality, Travel and tourism	Iceland	-	-	-	-	-	M&A	-	-	-	-	-	-	-	-	-	-	-	-	-	50-100	-	-	Inactive	-	-	2011	-	-	-
5.	Cuckooz	9.5%	A network of serviced apartments designed to offer standardized stay experiences.	Leisure, Travel & Tourism	Hospitality	United Kingdom	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1-10	-	-	Inactive	-	-	2016	-	-	-
6.	Snowchateaux	7.3%	A ski tour operator.	Leisure, Travel & Tourism	Hospitality	United Kingdom	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50-100	-	-	Inactive	-	-	2006	-	-	-

Investors

No.	Image	Name	Investor type	Description	Location	Preferred investment stage(s)	Stages invested in	Assets under management (AUM)	Investment range	Investment sweet spot	Preferred investment focus	Preferred investment geography	No. of investments	No. of lead investments	No. of follow-on investments	No. of co-investments	Portfolio companies	No. of exits	Total exit value	No. of failed investments	Loss on investments	No. of acquisitions	No. of board seats taken	No. of funds	Limited partners	Co-investors	No. of partners	Partners	No. of employees	Management	Board members	Founders	Investor reputation	Contact info	Entity type	Legal name	Former legal name(s)	Founded date	Ticker
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Leadership

No.	Image	Name	Previous designation	Previous company	Previous biography	Previous profile type	Previous location	Experience	Education	Reputation	Current company	Current designation	Current biography	Current profile type	Current location	No. of investments	No. of exits	Total exit value	No. of board seats taken	Contact info
1.		Khoo Boo Lim	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Funding

No.	Financing date	Financing round	Total amount raised	Post-money valuation	Financial viability	Fundraising target amount	Remaining target amount	Financing type	No. of investors	Board seats	Lead investors	Entity type	Financing status
-	-	-	-	-	-	-	-	-	-	-	-	-	-