Overview
Raised: $2,925
Total Commitments ($USD)
Platform
StartEngine
Start Date
09/14/2018
Close Date
12/12/2018
Min. Goal
$10,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$3,100,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/11/2018
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$33
# of Investors
18
Momentum
Not Funded
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Year Founded
2018
Industry
Travel and Hospitality
Tech Sector
Location
Lancaster, Texas
Farr Hotels and Resorts is an environmentally conscious hotel and resort startup that aims to transform economy hotels into four-star luxury eco-friendly hotels and resorts. By improving the management, software, and marketing, while implementing eco-friendly infrastructures, Farr Hotels believes they can create hotels that are both green and profitable, and reduce the hotel’s carbon footprint within three months of acquisition. So far, they have streamlined the process of evaluating potential hospitality properties; they source their own projects to reduce costs; and they have 25 years of expertise in managing properties and implementing these types of improvements.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Farr Hotels & Resorts | 12/12/2018 | StartEngine | $3,100,000 | $2,925 | Equity - Common | Not Funded | RegCF |
| Farr Hotels & Resorts | 08/23/2018 | StartEngine | $3,000,000 | $900 | Equity - Common | Not Funded | RegCF |
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