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Trump Organization to crowdfund Maldives resort built with Saudi partner using digital tokens. What investors must know
Yahoo Finance· 2025-11-27 16:30
Core Insights - The first Trump-branded hotel in the Maldives will be tokenized, allowing regular investors to buy digital tokens representing ownership before construction [1][2] - The resort is expected to open by the end of 2028 and will feature approximately 80 ultra-luxury beach and overwater villas, located 25 minutes by speedboat from Malé [1] - Dar Global, a Saudi luxury real estate developer, has partnered with the Trump Organization for this project, marking a pioneering collaboration in luxury hospitality and financial innovation [2] Investment Mechanism - The project aims to transform investment in hospitality by allowing everyday investors to participate in luxury hotel development [3] - Investors' shares will be recorded on a digital blockchain, which tracks cryptocurrency transactions [3] - There is currently no clarity on whether investors will receive a share of the profits once the hotel opens, which is unusual for such high-stakes real estate deals [4] Market Potential - The concept of tokenizing real estate investments is not unique to this project, with the market for tokenized real estate projected to grow to $4 trillion by 2035 from under $300 billion currently [5]
Dubai Royal’s $50,000-a-Night Resort Flaunts Africa’s Future in Luxury Travel
Bloomberg Television· 2025-07-26 21:00
Luxury safaris, private island, vineyard stays, ultra high-end hospitality is booming in Africa right now, increasingly driven by private capital. Where governments once led projects, we're now seeing billionaires, tech moguls, and Middle Eastern investors pouring cash into the continent. For instance, for around $50,000 a night, you can experience the latest luxury frontier, a private island off the coast of Tanzania, complete with a catamaran helicopter transfers and situated within a protected marine res ...
GrowGeneration’s MMI Announces New Luxury Mobile Package & Luggage Storage Solution Designed Exclusively for Waldorf Astoria Hotels
Globenewswire· 2025-05-13 12:00
Core Insights - GrowGeneration Corp. has launched a new mobile package and luggage solution for the Waldorf Astoria, enhancing guest experience through efficient luggage management [1][3] - The solution integrates MMI's craftsmanship with customized finishes, designed to complement the luxury hotel's interiors [2] - Initial reports indicate improvements in operational flow and efficiency, with plans to expand similar solutions to other luxury hospitality partners [3] Company Overview - GrowGeneration Corp. is the largest specialty hydroponic and organic gardening retailer in the U.S., offering a wide range of products including nutrients, lighting, and storage solutions [5] - The company operates an online superstore and a wholesale business, along with a division focused on mobile storage solutions, MMI [5]