Indian-Origin Businessman Offers Unforgettable Luxury Party Experience on a Private Jet

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Indian-Origin Businessman Offers Unforgettable Luxury Party Experience on a Private Jet
03 Jun 2023
4 min read

News Synopsis

Unveiling the Extravagant Fly FIVE Party Jet

Indian-origin businessman Kabir Mulchandani's Five Holdings, renowned for its opulent party hotels and resorts, has introduced a one-of-a-kind private jet experience. The Fly FIVE party jet, accommodating up to 16 passengers, promises an unforgettable journey filled with lavish amenities and non-stop entertainment.

Bookings Open for the Ultimate Party Jet

Five Holdings, based in Dubai, recently announced that bookings are now being accepted for the Fly FIVE private jet experience. The jet, with its sleek design and LED lights, provides a luxurious ambiance. Passengers can enjoy a spacious bedroom featuring a king-size bed, ensuring optimal comfort throughout their flight. The unique "gust belt" adds an extra layer of safety to the experience.

Unparalleled Experience for Up to 12 Hours

Fly FIVE offers the opportunity to book the party jet for a trip lasting up to 12 hours, making it ideal for extravagant celebrations or unforgettable events. With the aircraft's registration code 9H-FIVE (with 'H' representing 'hotel'), it will be operated by Zurich-based Comlux. This party jet is among the first of the new ACJ TwoTwenty models delivered by Airbus SAS.

Pricing and Packages

Luxury Comes at a Price

Fly FIVE's pricing packages range from $13,000 to $14,000 (approximately ₹11-12 lakh) per hour, excluding additional relocation costs. For example, individuals embarking on a round trip between London and Dubai can expect to spend close to $195,000 (approximately ₹16 million). These rates reflect the exclusive nature and unparalleled luxury provided by the party jet experience.

The FIVE Group's Extravagant Reputation

Renowned Beach Parties and Supercar Access

The FIVE group, well-known for its FIVE Palm Jumeirah hotels, has gained fame for its beach parties featuring renowned DJs. Guests even have the opportunity to drive their supercars into the hotel's nightclub, offering an experience like no other. The group's focus on entertainment and luxurious offerings has garnered widespread acclaim.

Pivoting towards the Entertainment Industry

Kabir Mulchandani, the visionary behind the Fly FIVE party jet, shared his intention to pivot towards the entertainment industry. This move aligns with the evolving preferences of luxury travelers seeking unique and extraordinary experiences. The introduction of the party plane is just the beginning, as Mulchandani plans to invest in space tourism and a massive party yacht in the future.

A Marketing Tool and Luxury Investment

When Mulchandani acquired the private jet in August 2021, he viewed it as a marketing tool rather than a profit-making venture. The luxury jet, valued between $80 million and $85 million, would need to accumulate approximately 200 hours of flying time annually to break even. This investment showcases Mulchandani's commitment to offering unparalleled luxury experiences.

Who is Kabir Mulchandani of FIVE group

Kabir Mulchandani is an Indian-born, Dubai-based real estate and hospitality businessman and philanthropist. He is the founder and Chairman of FIVE Global Holdings, which includes FIVE Hotels and Resorts; FIVE Palm Jumeirah, FIVE Jumeirah Village, FIVE Zurich and FIVE LUXE, JBR. He is ranked as one of the Richest and Most Powerful Indians in the Persian Gulf region. He is ranked number 24 on the Top 100 Travel and Tourism leaders of 2023 by Forbes Middle East.

Mulchandani began his career in real estate in 2004. He quickly rose through the ranks and by 2008, he was one of the most successful real estate traders in the region. In 2011, he decided to focus on hospitality and founded FIVE Hotels and Resorts. The company's first hotel, FIVE Palm Jumeirah, opened in 2015 and quickly became a popular destination for celebrities and high-net-worth individuals. FIVE Hotels and Resorts has since opened two more hotels in Dubai and one in Zurich.

In addition to his business interests, Mulchandani is also a philanthropist. He is the founder of Project Udaan, a non-profit organization that provides life-saving heart surgery to children in India. He has also donated millions of dollars to other charities, including the Make-A-Wish Foundation and the Dubai Cares Foundation.

Mulchandani is a visionary leader who is changing the face of hospitality in the Middle East. He is known for his innovative approach to business and his commitment to providing guests with an unforgettable experience. He is also a passionate advocate for social responsibility and is committed to using his platform to make a positive impact on the world.

Here are some of Kabir Mulchandani's achievements:

  • Founded FIVE Hotels and Resorts in 2011

  • Opened three hotels in Dubai and one in Zurich

  • Ranked number 24 on the Top 100 Travel and Tourism leaders of 2023 by Forbes Middle East

  • Founder of Project Udaan, a non-profit organization that provides life-saving heart surgery to children in India

  • Donated millions of dollars to other charities

  • Visionary leader who is changing the face of hospitality in the Middle East

  • Passionate advocate for social responsibility

Kabir Mulchandani is an inspiration to entrepreneurs and innovators around the world. He is a proof that anything is possible if you have a dream and are willing to work hard to achieve it.

Sources

en.wikipedia.org/wiki/Kabir_Mulchandani

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