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RSRV Tokenizes The St. Regis Aspen Resort: Revolutionizing Hotel Ownership

source-logo  blockster.com 27 February 2024 15:33, UTC

Elevated Returns, tZERO Group, and Science Ventures, the forces behind RSRV, an innovative hotel ownership marketplace, proudly announce the tokenization of The St. Regis Aspen Resort, marking a monumental leap in luxury hospitality investment.



Powered by the Tezos blockchain, RSRV pioneers a transformative approach, allowing investors to exchange RSRV shares for hotel rooms at a fixed exchange rate, safeguarding their purchasing power over time while enjoying exclusive benefits and perks.

The decision to partner with the Tezos blockchain stems from its reputation as a secure, scalable, and energy-efficient platform. Leveraging Tezos technology ensures unparalleled security and transparency, offering investors unique insights into the capital structure of the issuer.
“Adding this redemption utility feature to an equity position is something that we see big demand for."

Stephane De Baets, CEO of RSRV
“Besides locking room rates at perpetuity, you are also being recognized as an owner and can access various perks and benefits," added Stephane.

Disrupting Traditional Real Estate

In 2018, Elevated Returns disrupted the real estate market by offering investors indirect ownership in The St. Regis Aspen Resort. This innovative approach granted investors unprecedented access to prime real estate assets, fostering greater liquidity and diversification in investment portfolios.
Since its listing on tZERO Securities ATS, tokens representing ownership in The St. Regis Aspen Resort have soared by over 200%, attracting hundreds of investors.
The inaugural offering on the RSRV platform presents ownership rights to The St. Regis Aspen Resort, accompanied by a groundbreaking feature – the ability for investors to redeem their shares for room nights at a fixed price. This utility feature not only secures room rates indefinitely but also grants recognition as an owner with access to various perks and benefits.

“Over time hotel owners may be able to use the RSRV platform as a form of alternative financing for real estate assets, it makes total sense," said Jeffrey Davis, Managing Director at Eastdil Secured.

Looking ahead, RSRV is poised to expand its portfolio, with plans to introduce additional properties throughout 2024. By democratizing access to luxury hotel ownership, RSRV empowers investors to participate in exclusive markets, unlocking long-term growth and value creation potential.



About RSRV

RSRV is an innovative hotel fractional ownership platform, revolutionizing the traditional hotel ownership landscape. Founded by Stephen De Baets and backed by tZERO and Science Ventures, RSRV enables accredited investors to convert hotel equity into digital securities on the tZERO platform. Investors gain co-ownership in hotel properties, accessing equity returns and exclusive member benefits while enjoying secondary market liquidity via tZERO.

About tZERO

tZERO Group, Inc. offers an innovative liquidity platform for private companies and assets, providing institutional-grade solutions for issuers seeking to digitize their capital table through blockchain technology. Through its broker-dealer subsidiaries, tZERO democratizes access to private assets, offering a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors.

About Tezos

Tezos is an open-source, scalable, and energy-efficient blockchain for assets and applications. Known for its long-term upgradability and smart contract safety, Tezos enables builders, developers, and businesses to deploy applications at low cost, fostering a thriving community of creators and innovators in the digital-centric world.

For more information about RSRV and its upcoming offerings, please visit www.hotelrsrv.com.

Please note: This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security.

blockster.com