Lovelydays is an established European luxury holiday rental company, helping owners of luxury homes monetise their properties when they are vacant by renting them out. Lovelydays launched LovelySuites 18 months ago, an alternative and decentralised solution to 5-star hotels. The project was developed to meet the needs of today’s tech savvy global traveller, providing luxury, space and an entirely personalised experience for their trip, with maximum flexibility. LoveSuites is able to offer this superior alternative to five star hotels at a much lower cost, dramatically reducing the price of five star luxury.
To expand this alternative hotel concept we are launching a security token that will be issued via the Polymath token issuing platform. Investors in LovelySuites will get a share of the profits, typically through an annual dividend-like payment. And we anticipate that we will be distributing up to 50% of LovelySuites profits to our security token holders.