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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 Travel Market Trends - Ultra high-end hospitality in Africa is booming, driven by private capital from billionaires, tech moguls, and Middle Eastern investors [1] - Africa is considered one of the last underpenetrated markets for luxury travel [2] - In 2024, Africa surpassed pre-pandemic levels with 74 million international tourist arrivals [3] Investment and Development - Private capital is increasingly driving projects, replacing government-led initiatives [1] - Investors are pouring cash into the continent's luxury sector [1] Emerging Opportunities - A rising middle class in Africa is seeking well-run, affordable options for leisure and business travel [3] - The real opportunity may lie further down the market, catering to the rising middle class [3] High-End Offerings - Luxury safaris, private islands, and vineyard stays are examples of booming ultra high-end hospitality [1] - A private island off Tanzania costs around $50,000 per night, including catamaran helicopter transfers [1]
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]