Crowdfunded dollars sought for luxury underwater hotel - TravelMole


Crowdfunded dollars sought for luxury underwater hotel

Thursday, 27 Jun, 2014 0

Crowdfunding in the travel industry is not a new concept, but the latest innovation posted on the Indiegogo platform allows would-be investors the chance to be part of America’s first luxury underwater hotel.

Planet Ocean Underwater Hotel is seeking funds to build a luxury underwater hotel off Florida’s Key West comprising 12 guestrooms, lounge and dining area accessed by elevator.

It will be anchored at a depth of 28 feet with each guestroom ‘pod’ connected by a long hallway.

The elevator shaft would also be used to supply oxygen, electricity and other utilities.

Founder and managing director Tony Webb is looking for an initial $325,000 from investors toward the estimated $8 million start-up costs.

Investors are invited to contribute amounts large and small – from $10 up to $80,000 which offers exclusive use of the hotel and all guestrooms for a week.  

Reservations are being taken for stays priced at $1,500 a night.

The hotel design which is a steel structure reinforced with sheets of acrylic, has a patent application pending and will be "similar to the International Space Station," Webb said.



 

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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



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