Farr Hotels & Resorts (2018)

Farr Hotels & Resorts (2018)

About this raise

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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Investment Overview

Not Funded: $2,925

Deal Terms

Total Commitments

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    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$3,100,000

Company & Team

Company

Year Founded
2018
Industry
Travel and Hospitality
Tech Sector
Location
Lancaster, Texas
Company Website
Visit Website

Team

Employees
2

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/12/2018 StartEngine $3,100,000 $2,925 Equity - Common Not Funded RegCF
08/23/2018 StartEngine $3,000,000 $900 Equity - Common Not Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Farr Hotels and Resorts on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $3,100,000
Price per Share: $1.00

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Warning: according to the close date for this deal, Farr Hotels & Resorts may no longer be accepting investments.

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