Historical past
In a world the place every innovation begins with a disaster, Tom Teichmann and Azqira lead the cost towards a brighter future for hospitality.
“Whereas the world strikes ahead with know-how, lodge financing appears caught, unchanged for hundreds of years,” Teichmann factors out. “The hospitality business’s worldwide market dimension is USD 5 trillion, anticipated to double by 2029. But, it hasn’t innovated for many years,” he provides.
Teichmann acknowledged the dearth of innovation and exclusivity within the hospitality sector, the place possession alternatives have been usually reserved for a privileged few. Moreover, with expertise in tech corporations, platforms and marketplaces, Teichmann envisioned a future the place lodge possession advantages are accessible to all.
Furthermore, along with co-founder Nawid Habib, who manages actual property companies within the Netherlands, Teichmann assembled a group of business consultants.
Intensive market analysis and interviews with 400 motels helped create Azqira, which launched in Europe in late 2021. The platform leverages know-how to supply various financing for motels. Moreover, it provides retail buyers entry to hospitality alternatives worldwide. Finally, this happens with out conventional limitations.
The platform goals to strengthen strategic partnerships and collaboration, particularly within the Center East. Moreover, Teichmann says: “Simply have a look at the lodge sector there: it boasts world-class motels and distinctive business experience. Furthermore, there’s quick execution when it comes to innovation. Consequently, we see enormous potential to increase our community right here.”
Plans for the long run
Azqira’s first convention occurred at Resort Altis Avenida in Lisbon in June 2023, introducing the platform to buyers worldwide. Subsequently, Azqira boasts over 18,500 pre-registered members and has partnered with 16 lodge house owners. Furthermore, it has cultivated a group spanning 22 international locations.
Certainly, within the final yr alone, Teichmann has spoken at conferences in Switzerland, Poland and the UK, together with a self-hosted Azqira group occasion in Lisbon. Moreover, the corporate was nominated within the Expertise Firm class for the Leaders of Tourism 2024 award, introduced by the Portuguese hospitality journal TNews.
