AWCA
Industry:
Real Estate Development & Services Consumer Services

DESCRIPTION

Awaysis Capital is a development-stage real estate and hospitality company focused on acquiring, redeveloping, and operating resort communities in vacation destinations. The core strategy is to buy undervalued or partially built resort properties, complete development under the Awaysis brand, and generate revenue through unit sales, short-term vacation rentals, and property management fees. Awaysis currently operates two properties in Belize: Awaysis Casamora, a beachfront redevelopment on Ambergris Caye being built out into roughly 30 suites, villas, and mixed-use units; and Chial Reserve, a 63-acre rainforest resort in the Cayo District with eight completed two-bedroom villas. Awaysis targets affluent second-home buyers and leisure travelers seeking self-contained resort enclaves, as well as remote workers seeking extended-stay accommodations. Awaysis sells units directly to buyers and markets short-term rentals through Airbnb, Booking.com, and Travelocity. Revenue comes from three streams: unit sales, rental income from company-owned units, and property management fees. The business is capital-intensive, with near-term revenue modest — primarily lease income from completed commercial spaces and a handful of rentable units. The company is pre-profitability and heavily reliant on related-party debt, including loans from Co-CEO Michael Singh and his affiliates, who are simultaneously sellers of acquired properties and lenders funding those acquisitions. Awaysis intends to repay outstanding debt through a future equity offering, asset sales, or operating cash flows.

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