Crystal Lagoons is in negotiations with investors in Southeast Asia, enticed by its previously unseen returns, long-term project safety and limited risk, as a Covid and Amazon-proof business alternative. (Photo: Business Wire)***PAL™ licensing contracts become the business of the future with investors looking to move forward, attracted by the success of PAL in the U.S., their high returns and long-term security as Covid & Amazon-proof alternatives.MIAMI, Sept 9 (Bernama-BUSINESS WIRE) -- In Southeast Asia, the U.S. multinational water-innovation company
Crystal Lagoons® totals
45 projects with crystalline lagoons at different stages. Its projects in
Indonesia and
Thailand stand out, where the region’s first
Public Access Lagoons operate.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20200907005386/en/ The firm is now expanding with its revolutionary
Public Access Lagoons™, also known as
PAL™, offering master licensing agreements for a set number of PAL. Crystal Lagoons is in negotiations with
investors in Southeast Asia, enticed by its
previously unseen returns, long-term project safety and limited risk, as a
Covid and Amazon-proof business alternative.Interest in PAL, the
meeting point of the 21st century, has increased following their success in
Japan, the world’s most technological country, and across the U.S., specifically in
Texas and
Florida, with daily ticket revenues exceeding
US $50,000,
1,200 visitors and
reservations selling-out.
These
large-scale crystalline lagoons surrounded by
white sand beaches become the most beautiful place in the city. The firm offers
investment models with more or less infrastructure, with the most complete options including spaces for road shows, launches, weddings, concerts in
multiple set-ups such as beaches, terraces, domes, as well as an array of gastronomic offerings, retail and amphitheaters.
Other markets to have
already signed master agreements, contracts that involve a significant number of PAL, are the
U.S. (16 PAL),
Korea (30 PAL),
Pakistan (15 PAL) and
Central America (18 PAL).
“Investors envision that, as these projects are built, they generate a
financial pyramid. And, despite a
low initial investment, a company can achieve a
high present value,” says Francisco Matte, Crystal Lagoons Regional Director.
“The hotel industry has identified an increase in value in rates and food and beverage consumption
up to 200% when hotels include a beach, compared to hotels further inland. Investors have corroborated that, on lower-value land, a hotel with a beach and PAL elements can benefit from
very attractive returns,” he adds.
In Cambodia, the multinational is in advanced negotiations for
12 to 15 PAL, associated with an English developer, in
Phnom Penh,
Battambang,
Siem Reap,
Sihanoukville. It is also negotiating regional master agreements and licenses in countries such as
Malaysia and
Thailand.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200907005386/en/ContactFrancisco Mattefmatte@crystal-lagoons.comSource : Crystal Lagoons
--BERNAMA