Travaleo Partners for Luxury Hotel in Venezuela, Creating Investor Gateway

In a significant move for Caribbean luxury hospitality, Travaleo, LLC, a branded real estate investment and development platform wholly-owned by Genesis Holdings, Inc. (OTC: GNIS), has executed a Memorandum of Understanding (MOU) with the owners and developer of the Hotel Tulasi Mandir project on Isla de Coche, Venezuela. This 28-villa luxury boutique hotel project represents Travaleo's flagship debut in Venezuela and establishes a framework for transforming the property into a world-class, branded luxury destination. The collaboration, formalized through this MOU, will explore strategic development planning, capital advisory support, and potentially introduce an internationally recognized hospitality brand during a 90-day exploratory period.

The project's significance extends beyond the immediate development, as Travaleo CEO Oscar Brito emphasized it positions the company as "a clear entry gateway for international and U.S.-based investors seeking institutional-grade exposure to Venezuelan branded luxury real estate." This initiative marks a strategic entry point for foreign investment into Venezuela's luxury real estate market, with Travaleo actively evaluating additional "crown-jewel" locations across the country, including select opportunities in Caracas. The development aims to set new standards for premium boutique hospitality in the Caribbean while leveraging Venezuela's extraordinary natural assets.

While the MOU is non-binding except for confidentiality provisions, both parties expressed enthusiasm about the collaboration. A representative of the seller noted the opportunity "to elevate an already exceptional location into a truly globally competitive luxury destination," while Brito highlighted the project's potential to establish new benchmarks for thoughtfully executed new construction in the region. The announcement, originally released on www.newmediawire.com, signals growing interest in Venezuela's luxury hospitality sector and represents a notable development in Caribbean tourism infrastructure.