Introducing Tom Teichmann, the pioneer of Azqira

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In a world where each innovation begins with a crisis, Tom Teichmann and Azqira lead the charge toward a brighter future for hospitality.

“While the world moves forward with technology, hotel financing seems stuck, unchanged for centuries,” Teichmann points out. “The hospitality industry’s worldwide market size is USD 5 trillion, expected to double by 2029. Yet, it hasn’t innovated for decades,” he adds.

Teichmann recognized the lack of innovation and exclusivity in the hospitality sector, where ownership opportunities were often reserved for a privileged few. Furthermore, with experience in tech companies, platforms and marketplaces, Teichmann envisioned a future where hotel ownership benefits are accessible to all.

Moreover, together with co-founder Nawid Habib, who manages real estate businesses in the Netherlands, Teichmann assembled a team of industry experts.

Extensive market research and interviews with 400 hotels helped create Azqira, which launched in Europe in late 2021. The platform leverages technology to provide alternative financing for hotels. Additionally, it gives retail investors access to hospitality opportunities worldwide. Ultimately, this occurs without traditional limitations.

The platform aims to strengthen strategic partnerships and collaboration, especially in the Middle East. Furthermore, Teichmann says: “Just look at the hotel sector there: it boasts world-class hotels and exceptional industry expertise. Moreover, there’s fast execution in terms of innovation. Consequently, we see huge potential to expand our network here.”