Travaleo, LLC, a branded real estate investment and development platform owned by Genesis Holdings, Inc., has executed a Memorandum of Understanding with the owners and developer of the Hotel Tulasi Mandir project on Isla de Coche, Venezuela. The agreement establishes a framework to collaborate on constructing a world-class, branded luxury boutique destination in the Caribbean.
The MOU outlines potential cooperation in strategic development planning, capital advisory support, and the introduction of an internationally recognized hospitality brand, pending definitive agreements. This project is anticipated to serve as Travaleo's flagship debut in Venezuela, positioning the company as a premier entry point for international and U.S.-based investors seeking institutional-grade, branded luxury real estate in the country.
Under the terms of the non-binding MOU, the parties will engage in a 90-day exploratory period to assess development plans, branding strategy, and financing alternatives. Only customary confidentiality and related provisions are binding at this stage. A representative of the seller stated the collaboration represents an opportunity to elevate an exceptional location into a globally competitive luxury destination, noting Travaleo's experience in branded hospitality and capital markets could help realize the asset's full potential.
Oscar Brito, CEO of Travaleo and Genesis Holdings, emphasized the project's significance as Travaleo's flagship debut in Venezuela and its intended role as a clear entry gateway for investors. He highlighted Venezuela's extraordinary natural assets and expressed belief that this development could set a new standard for premium boutique hospitality in the Caribbean through thoughtfully executed new construction. Brito also revealed that beyond Isla de Coche, Travaleo is actively evaluating additional 'crown-jewel' locations and iconic properties, including select opportunities in Caracas, for potential inclusion on the Travaleo platform as the company builds a curated portfolio across Venezuela.
The announcement signals potential growth in Venezuela's luxury hospitality and real estate investment sectors, which have seen limited international participation in recent years. For investors, this development could represent one of the first structured opportunities to access institutional-grade branded real estate in Venezuela through a U.S.-associated platform like Travaleo. The project's focus on internationally recognized branding and professional development standards may help establish new benchmarks for quality and investment security in the region's hospitality market.
The parties anticipate providing further updates as discussions progress toward definitive agreements. Travaleo operates as a branded real estate investment and development platform focused on identifying, structuring, and managing income-producing and development-oriented projects, with an emphasis on professionally underwritten assets and brand-driven developments. More information about the company is available at https://www.travaleo.com/. Genesis Holdings, the parent company, is a publicly traded holding company focused on real-asset-related initiatives, with details available at https://www.regen.digital/.
