THE “HOEG HOTEL GROUP” stands for green hotels with environmentally friendly and socially responsible concepts. We buy hotels and holiday facilities and keep them in our own stock.
THE “HOEG HOTEL GROUP”
stands for green hotels with environmentally friendly and socially responsible
About us / Our main concern:
Hotel and Leisure facilities:
We buy hotels and holiday facilities and keep them in our own stock. We operate these hotels on our own responsibility.
The rule of thumb in choosing a business to launch is to look out for a company whose services are needed in our everyday life. Providing leisure services can come in handy if you have business exposure and financial requirements.
Hoeg Hotel Group is a startup business located in Wilmington, Delaware. We are dedicated to providing an outstanding and user-friendly hotel service to our target market. THE “HOEG HOTEL GROUP” stands for green hotels with environmentally friendly and socially responsible concepts. Our main concern is to provide Hotel and Leisure services. We buy hotels and holiday facilities and keep them in our own stock. We operate these hotels on our own responsibility.
At Hoeg Hotel Group, we buy hotels at a low price, and we convert them to green hotels so as to generate environmental pleasure for our clients. We are the laid down plan to hire experienced staffs and experienced hotel managers in order to attain a success peak in this industry.
The Business Model:
The business model is developed from the understanding that there is a growing need to establish hotels in our target locations, and there exists a substantial opportunity to cater to these needs, adopting the innovative concept and generating huge revenue.
business concept consists of three pillars:
1). Hotel Operating Company.
2). Trade in leisure real estate.
3). Promotion of environmentally friendly concept up to gentle tourism.
It is planned to proceed in three steps:
1st. Step:The purchase of DOULIANA VILLAS & HOUSES. 20 villas. (in 2021)
2nd. Step: The purchase of „PERARLS OF CRETE“ (in 2021 -2022) The project "PEARLS OF CRETE" consists of 9 apartments - 16 houses - 4 shops.
3rd. Step: The purchase of suitable restaurants, beach bars and rental stations for cars, scooters, bicycles and boats. These objects are rented to external operators. They should round off the offer to our holiday guests. For this purpose, contracts are concluded with the operators. So that it is possible to connect a vacation subscription with additional services. (in 2023).
Opening of Corporate Bank Accounts various banks: In Progress.October, 2020
Start with the Equity Crowdfunding Campaign.November, 2020
Start launching Social media.November, 2020
It’s an investment that produces easy returns. Security services, housekeeping, and daily maintenance: fewer things to worry about.
Crete island, fifth in size in the Mediterranean and the second largest in the Eastern Mediterranean Sea is located between the Ionian, the Aegean, and the Libyan sea.
Crete has three international airports: “Nikos Kazantzakis” in Heraklion, “I.Daskalogiannis” in Chania, and in Sitia, Lassithi.
Tourism is the most dynamically developing sector and the demand gave incentives for important investments in hotel units, resulting in the qualitative and quantitative upgrading of hotel infrastructures.
The tourist benefits mean the way which is promoted to the island and how they can add value to visitors’ experience. These are the below: ▪▪Back to basics, return to tradition ▪▪Live an adventure ▪▪Escape ▪▪Get together, enjoy each other ▪▪Rest and relax ▪▪Travel in time ▪▪Learn ▪▪Cretan hospitality ▪▪Discover new experiences ▪▪Re-energize, rejuvenate.
The main elements that attract and satisfy tourists are mostly: ▪▪Weather and Climate ▪▪Famous gastronomy (the well-known Cretan Nutrition) ▪▪Tradition and Cretan way of life ▪▪Cultural heritage and history ▪▪Natural environment ▪▪Beaches and Coasts
Due to its geographic position, Crete has an important role in the tourism industry. The island can offer an ideal climate, rich historical and cultural heritage, heartfelt hospitality, a unique natural environment, and many years of experience in the tourism sector.
HOEG INTERNATIONAL HOTEL GROUP, LLC
Please be sure to carefully review the Risk Disclosures. The following section is excerpted from that lengthier document.
Some of the key risks to know before you invest in startups:
Crowdfunding investments are highly risky and speculative. You should do your own research and scrutinize all disclosed risk factors before making an investment decision. The following are some of the key risks applicable to Republic offerings:
Speculative: Investments in startups and early-stage ventures are speculative and these enterprises often fail. Unlike an investment in a mature business where there is a track record of revenue and income, thesuccess of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. You should be prepared to lose your entire investment.
Illiquidity: Your ability to resell your investment in the first year will be restricted with narrow exceptions. You may need to hold your investment for an indefinite period of time. Unlike investing in companies listed on a stock exchange where you can quickly and easily trade securities, you may have to locate an interested private buyer when you do seek to resell your crowdfunded investment.
No voting rights: A Crowdfunding Investment does not provide voting rights to its holder, unless and until the Crowdfunding Investment or the note is converted into an equity stake. If and when you receive voting shares in a company, your voting rights will likely be diluted when the company raises additional funds.
Cancellation restrictions: Once you make an investment in a crowdfunding offering, you can cancel the investment at any time and for any reason up to 48 hours before the offering deadline.
Valuation and capitalization: Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult. You risk overpaying for the equity stake you receive. The class of equity being sold via a crowdfunding offering may have fewer rights than other equity classes issued by a company.
Limited disclosure: The company must disclose information about itself, its business plan, the offering, and its anticipated use of proceeds, among other things. An early-stage company may be able to provide only limited information about its business plan and operations because it does not have fully developed operations or a long history to provide more disclosure. The company is also only obligated to file information regarding its business annually, including financial statements.
Under certain circumstances the company may cease to publish annual reports and holders of the Crowd SAFE will have no information rights.
Investment in personnel: An early-stage investment is also an investment in the founding entrepreneur(s) and/or management of the company. Being able to execute on the business plan is
often an important factor determining whether the business will be viable and successful. You should also be aware that a portion of your investment may fund the compensation of the company’s employees, including its management. You should carefully review any disclosure regarding the company’s use of proceeds.
Possibility of fraud: As with other investments, there is no guarantee that crowdfunding investments will be immune from fraud.
Lack of professional guidance: Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g. angel investors and venture capital firms). These investors often negotiate for seats on the company’s board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. An early-stage company primarily financed through crowdfunding may not have the benefit of such professional investors.