Farr Hotels & Resorts

Early Stage

Eco-Friendly Hotel & Resort Startup.

Overview

Raised to Date: Raised: $900

Total Commitments ($USD)

Platform

StartEngine

Start Date

05/25/2018

Close Date

08/23/2018

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

$3,000,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

08/22/2018

Days Remaining
Not Funded
% of Min. Goal

9%

% of Max. Goal

1%

Likelihood of Max
Not Funded
Avg. Daily Raise

$10

# of Investors

5

Momentum
Not Funded
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Year Founded

2018

Industry

Travel and Hospitality

Tech Sector

Location

Lancaster, Texas

Farr Hotels and Resorts wants you to be able to travel far and away in luxury -- all while remaining eco-friendly and sustainable. They are 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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Farr Hotels & Resorts on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $3,000,000

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