Hotel101 bets on unique business model to propel global growth | ANC

Market Edge: DoubleDragon's unique hotel brand Hotel101 aims to become among the world's top 5 by achieving a 500,000-room portfolio in 100 countries by 2040, its CEO Hannah Yulo-Luccini said on Thursday.
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[@edmhie1]

So, they already made money when they sold those units to investors then they’ll take the 70% of the revenue generated on rentals to cover the cost of labor to manage and maintain the hotel……hmn! that’s too much.

[@aristotlenicolas7888]

Thanks Good afternoon

[@balsafarmers10]

Highly recommend the investment.

[@pushslice]

So …let me get this straight.
they’re trying to grow from TWO hotels today, to top-five largest hotel chains in the world …..while utilizing the infamous “crowdsourcing-timeshare-investment” model for capitalization …?
LOL. Okayyy. Good luck with that.
It’s been tried before, even with already very-well-established brands from experienced hoteliers, and it has resulted in legions of very irate investors. (ask me how I know)
I don’t oppose booking a night at one of these hotels if I’m travelling , but Good God, I swear… if anybody tries to give me a sales pitch while staying there… I will make a scene.

[@skywalka4762]

How u know ?
And make a scene once they offer you an investment sales pitch while staying there?

[@James-ko5hn]

Bgc