Host Theatre, a Dubai-based theater project with Russian roots, has raised a $160,000 investment from business angel investors Loic Bellet and Tamara Bellet. A Host Theater representative spoke about the deal with RB.RU, its terms were not disclosed.

Theater project with Russian roots Host Theater raised $160,000 in investments

Loic Bellet is a business executive with international experience in marketing and business, Tamara Bellet is an expert in human resources and organizational development with 15 years of experience in various industries.

The company plans to use the funds raised for international expansion, marketing and team building.

Host Theater is a theater project created by the Russian Lost project team in the fall of 2022. It is based on the concept of combining the world’s best five-star hotels and theatrical performances. The setting for each performance is created taking into account the cultural context, interior features and events that took place within the walls of a particular hotel during its existence. Performances in the form of an immersive theater do not require a classic seating arrangement.

The company operates in Dubai, has also launched a franchise in Bali and plans to launch in Armenia, Uzbekistan, Kazakhstan and Turkey. At first, investments in the project amounted to 5 million rubles from the own funds of the founder and CEO of the Lost and Host Theater projects Yulia Maksimovich. In less than six months, the project broke even and began to turn a profit.

Host Theater’s board of directors includes Viktor Khristenko, co-founder and CEO of ZvukBusiness, Alexander Sysoev, business angel and creator of the Russian Restaurant Festival, and Konstantin Goryainov, CEO of Safmar hotel holding.

Author:

anastasia mariana

Source: RB

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