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Sunday, June 26, 2022

Shaan Ahmed announced as COO of Roomzzz

The fintech start-up founder has been announced as the new COO of Roomzzz, a luxury apartment hotel provider.

A luxury apartment hotel provider based in Leeds has announced its newest chief operating officer (COO).

Shaan Ahmed, 32, has been announced as Roomzzz Aparthotel’s newest COO.

Established in 2006 by the managing director of Parklane Group, Naveen Ahmed, Roomzzz is a leading provider of serviced apartments, offering the best aspects of a hotel along with the extra space, amenities, and comfort of an apartment.

Each aparthotel offers a bed, bathroom, and storage space as well as living space, dedicated workspace and a fully equipped kitchen that can be rented for one night or a month or longer.

Shaan Ahmed has been announced as the new COO of Roomzzz. Image: PropertyInvestorShow.

Roomzzz has sites across seven cities with three buildings in Leeds and a total of 792 apartments in the UK.

The company accommodates both business and leisure travellers with city centre locations in Newcastle, York, Leeds, Manchester, Chester, Nottingham and London.

Apartment types in order of size across the hotels are Neo Studio, Smart Studio, Grande Studio, Dezign Studio, Liberty Suite, and other suites such as the Penthouse.

Mr Ahmed said: “I am happy to announce that I am now part of the Roomzzz Aparthotel team as the new COO. The opportunity came knocking and I answered.

“It is a real privilege to work with a highly talented team and I am looking forward to seeing what the future has in store for us. Roomzzz is in a great position right now after navigating through the pandemic successfully and being so well regarded by guests and the industry as a whole.

“I was just sixteen when my dad, Naveen Ahmed, started coming up with the concept of Roomzzz and today, many years later, that initial concept has led to 10 sites across the UK and 100 people calling Roomzzz their employer. It is an honour to continue the good work and a goal of mine to open many more.”

On average, Roomzzz has an occupancy rate of 85% with an average room rate of £75, growing at an average of 10% each year.

The business has also received eleven awards, including a Certificate of Excellence 2018 by TripAdvisor, four years ago, and Simply the Guest Awards 2018 by LateRooms.com.

In 2016, Mr Ahmed launched UOWN, a fintech start-up company for people to buy, sell and own shares in property, using crowdfunding as a way to democratise how people invest money in property.

He added: “UOWN is still very much close to me. We are still working on putting together deals and investments for our guys to invest in.

“I had a goal to be involved in ten businesses by the age of 40. So far, two down and eight to go. There is actually another one in the pipeline that I am really looking forward to telling you about, but I will save that for another time.”

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