Awaysis Capital, Inc. is a real estate management and hospitality company focused on acquisition, redevelopment, sales, and managing bookings and rentals of residential vacation home communities in desirable travel destinations. The company seeks to create value by identifying undervalued operating or shovel ready resort properties, rebranding them under the Awaysis brand, and developing a network of residential and resort enclave communities in the Caribbean, Europe, South…
Awaysis Capital, Inc. is a real estate management and hospitality company focused on acquisition, redevelopment, sales, and managing bookings and rentals of residential vacation home communities in desirable travel destinations. The company seeks to create value by identifying undervalued operating or shovel ready resort properties, rebranding them under the Awaysis brand, and developing a network of residential and resort enclave communities in the Caribbean, Europe, South America and the United States.
The company generates revenue primarily from the sale of developed residential units such as condominiums, villas and single family homes on its resort properties. It also earns management fees for overseeing the operation of owned resorts and for providing booking and property management services to third party owners who choose to retain the company for their units. Revenue is derived from short term and long term guest bookings at the properties, which include accommodation, food and beverage, spa and other ancillary services. Additionally, the company leases commercial spaces within its developments, generating regular rental income.
Awaysis Capital, Inc. operates in a competitive industry that includes hotels, resorts, vacation rental platforms, timeshare operators and other providers of short term accommodations. The company differentiates itself through its enclave concept that combines residential ownership with hotel style amenities, its ability to sell or retain units based on market conditions and its integrated management approach that aims to deliver predictable fee income.
The company serves individual buyers looking to purchase vacation homes for personal use or rental, existing property owners who seek professional management and booking services, and travelers seeking short term or long term stays at resort destinations. Commercial tenants such as restaurant, retail and wellness providers also lease space within the Awaysis developments.
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Sector: Real Estate Industry: Real Estate Services CIK: 0001021917