use3D printingAmerican hotel company Habitas, a technology-manufacturing building board company, recently received US$20 million in financing. Investors include Uber co-founder Travis Kalanick, online supermarket Ocado CEO Tim Steiner, social App Tinder co-founder Justin Mateen, and Indian advertising technology billionaire Div. Turakhia.
The Financial Times reported that Habitas, which initially started with club activities and membership business, hopes to create a “Club Med for Millennials.” Habitas has been carried out in the Mexican city of Tulum3D printingTested and hired local carpenters and craftsmen to use sustainable materials to build a lifestyle resort hotel. Habitas builds hotel rooms in Mexico, and then ships them all over the world, where they are built according to the characteristics of each region.
Habitas co-founder Oliver Ripley said that Habitas can build a resort-style modular hotel in 6 to 9 months, while it takes 4 to 5 years to build a traditional hotel. The company claims to be able to “realize a return on investment within 2 years.”
Ripley predicts that by the end of 2020, Habitas will open 8 hotels, one of which will open in Namibia this month, and Bhutan and Saudi Arabia are also under consideration. Habitas plans to build 10 to 12 hotels in a year.
Ripley said the company can build 100 hotel rooms every month, “the process is similar to Lego stitching.” Room rates are between US$200 and US$400 per night, and Ripley believes that such pricing is “between youth hostels and five-star hotels.”
Habitas may enter the social housing field or adopt a hotel franchise model in the future. The company has opened two subsidiaries focused on real estate and manufacturing businesses.
Kalanick founded CloudKitchens after leaving Uber and invested in the transportation and logistics company Kargo. In March 2018, he set up an investment fund.
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