Aspen Digital (St. Regis)Real Estate
St. Regis Aspen Resort Luxury Real-Estate Security Token Offering
Aspen Digital Inc is proposing to sell Aspen Coins, presenting purchasers with a unique opportunity to gain an indirect fragmented equity ownership stake in the St. Regis Aspen Resort in Aspen Colorado, an iconic trophy property.
Aspen Digital is creating an ecosystem for real estate in the crypto world and the Aspen Coin is a security token backed by common shares in a single asset real estate investment trust that owns the St. Regis Aspen Resort, a luxury asset.
Asset backed coins are similar to other asset-backed investments: the value is supported by tangible assets. The value of the underlying assets may help maintain a more stable price and reduce the volatility in the price of cryptocurrencies.
Investments will be backed by a proven management team who’ve shown growth in revenue over the last two years. The St. Regis has multiple revenue drivers to generate revenue even in the off seasons and consistently outperformed comparable luxury hotels and resorts during peak seasons.
The property itself is a world class, year-round destination resort. The iconic St. Regis brand name attracts celebrities, high net worth individuals, tourists, and corporate executives, among others. As a venue for high profile events, the property offers 179 rooms, including 25 luxury suites, a 15,000 square foot luxury spa, and 14 fully equipped meeting spaces (accommodating up to 1200 people).
Nestled in the heart of the Rocky Mountains, St. Regis has access to quality, consistent ski conditions and boasts one of the longest ski seasons in the world, and with a multiple food and drink outlets, guests have a variety options for entertainment. This mountainside luxury resort plans to maintain and grow RevPar based on preserving ADR while increasing occupancy.