RSRV Announces First Hotel Property, The St. Regis Aspen Resort

The hotel ownership marketplace allows investors to purchase equity in luxury hotels, obtain exclusive benefits, and redeem shares for room nights at a fixed rate

February 29, 2024 08:00 AM Eastern Standard Time

ASPEN, Colorado–(BUSINESS WIRE)–RSRV, a hotel ownership platform, launched in collaboration with Elevated Returns, tZERO, and Science Inc., today announced its first hotel property available on its marketplace is The St. Regis Aspen Resort. RSRV provides a new, innovative way for accredited investors to purchase equity in luxury and lifestyle hotel properties and obtain exclusive benefits. The St. Regis Aspen Resort enabled similar ownership rights through Elevated Returns beginning in 2018. On RSRV, investors will have the new and unique ability to redeem their shares for room nights at a fixed rate.

“We are thrilled to welcome the St. Regis Aspen Resort to the RSRV platform and to give investors a unique opportunity to own shares in one of the most coveted hotel resort properties in the world.” said Stephane De Baets, RSRV acting CEO. “The redemption utility feature to an equity position is in high demand. Besides locking-in room rates at perpetuity, investors are also being recognized as an owner and can access exclusive perks and benefits”

RSRV also enables hotel owners to raise capital by utilizing equity, rather than taking on far more costly mezzanine debt. Additionally, by offering attractive member perks, the program can help increase occupancy, customer engagement and retention, and customer satisfaction.

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

In 2018, Elevated Returns disrupted the traditional real estate market by offering investors indirect ownership in the St. Regis Aspen Resort. Elevated Returns provided investors with unprecedented access to ownership of prime real estate assets, enabling greater liquidity and diversification in investment portfolios. Since the beginning of their quotation for trading on tZERO Securities ATS, shares are up >200% in value, broadly held by hundreds of investors. The Tezos blockchain was chosen as a technology partner due to its strong track record as a secure, scalable, and energy-efficient blockchain. RSRV will utilize Tezos blockchain technology to provide unique informational transparency into the capital structure of the issuer.

RSRV is committed to expanding its portfolio of offerings, with plans to announce additional properties throughout 2024. By democratizing access to luxury hotel ownership, RSRV empowers investors to participate in exclusive markets and unlock the potential for long-term growth and value creation.

“At Science, we’re excited about companies that turn customers into fans – RSRV is taking it one step further by turning fans into owners,” said Michael Jones, Co-founder and Managing Director of Science Inc. “Through a blend of equity shares and exceptional membership perks, fans-turned-investors gain access to exclusive benefits like VIP concert experiences, high-end concierge services, and unique travel opportunities. This strategy not only empowers investors but also offers hotel operators a new, more cost-effective avenue for raising capital than costly traditional mezzanine debt options.”

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

About RSRV

RSRV is an innovative hotel fractional ownership platform, co-founded by Stephen De Baets and backed by tZERO and Science Ventures, revolutionizing the traditional hotel ownership landscape. Through RSRV, accredited investors can convert hotel equity into digital securities on the tZERO platform, representing ownership stakes securely deposited into a trust. Investors gain co-ownership in the hotel property, enabling access to equity returns and exclusive member benefits. They also enjoy flexibility through secondary market liquidity via tZERO, the option to redeem shares for room nights at a fixed exchange rate in perpetuity, and access to VIP experiences and exclusive events, redefining the investment experience.

About tZERO

tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/.

About tZERO Securities

tZERO Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO Securities may be found at https://brokercheck.finra.org/. tZERO Securities is not making any recommendations in connection with this release. Investors are encouraged to consult a professional adviser prior to making an investment to understand the economic, tax, legal or other consequences of investing. tZERO Securities is not offering to provide you any investment advice or any opinion with respect to the suitability of any investment.

About Tezos

Tezos is an open-source project and a scalable, energy efficient, public blockchain for assets and applications. It empowers builders, developers and businesses to deploy applications at low cost. One of the original Proof of Stake blockchains, the Tezos protocol is supported by a global peer-to-peer network and is valued for its long-term upgradability, open participation, and smart contract safety. As a result, Tezos is home to a thriving community of artists, scientists, developers and others who wish to create and transfer value frictionlessly in a digital-centric world.

No Offer, Solicitation, Investment Advice or Recommendations

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, nor does it constitute an offer to provide investment advisory or other services. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances. Past performance of securities is not a guarantee of future performance or returns.

Investor Notice

Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in a single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein.

Forward-Looking Statements

This release contains forward-looking statements. In addition, from time to time, RSRV, its subsidiaries or affiliates, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which are derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of RSRV and its subsidiaries to change the direction; ability to keep pace with new technology and changing market needs; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by RSRV, its subsidiaries or affiliates or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. RSRV, its subsidiaries or affiliates, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by RSRV, its subsidiaries or affiliates or its representatives might not occur.

Contacts

RSRV
Info@hotelrsrv.com

tZERO
Anastasiia Litvinova
pr@tzero.com

Tezos blockchain
Benjamin Robertson
benjamin.robertson@trili.tech