Nawatt Masteri is a physical asset management solution for Hotels using RFID and IoT that save yearly inventory, maintenance and insurance costs while complying with local tax regulations, backed by fabulous customer support. Top brand names such as Hilton, Marriott and Hyatt have deployed Masteri. Total Addressable Market size for hotels is 350 Million USD in the region.
IoT technology evangelist & startup founder who's built hotel asset management apps, gas well monitoring hardware, traffic information systems, medical ultrasound devices, satellite based terrain elevation measurement technologies and much more. Holds ME degree in Electrical & Computer Engineering.
Hotel Developers are excited about Nawatt Masteri and several have named the system as a valuable solution to the hospitality industry. Global real estate leaders, such as Colliers International, added Nawatt to their list of approved enterprise asset management vendors and are recommending Masteri to hotel owning companies in the Gulf region.
Nawatt signed a 1.5 million USD contract for 5 hotels with a mega hotel developer in Saudi Arabia. New deals in the pipeline include 2 hotels in Riyadh, 1 in Jeddah and 2 in Makkah. Nawatt completed a proof of concept for a 6 property deal in Dubai which is in the final negotiations stage. We are excepting sales of 500,000 USD in the next 4 months.