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IN Southeast Asia, the U.S. multinational water-innovation company Crystal Lagoons, totals 45 projects with crystalline lagoons at different stages. Its projects in Indonesia and Thailand stand out, where the region’s first Public Access Lagoons operate.
The firm is now expanding with its revolutionary Public Access Lagoons, also known as PAL, offering master licensing agreements for a set number of PAL. Crystal Lagoons is in negotiations with investors in Southeast Asia, enticed by its previously unseen returns, long-term project safety and limited risk, as a Covid and Amazon-proof business alternative.
Interest in PAL, the meeting point of the 21st century, has increased following their success in Japan, the world’s most technological country, and across the U.S., specifically in Texas and Florida, with daily ticket revenues exceeding US$50,000, 1,200 visitors and reservations selling-out.
These large-scale crystalline lagoons surrounded by white sand beaches become the most beautiful place in the city. The firm offers investment models with more or less infrastructure, with the most complete options including spaces for road shows, launches, weddings, concerts in multiple set-ups such as beaches, terraces, domes, as well as an array of gastronomic offerings, retail and amphitheaters.
Other markets to have already signed master agreements, contracts that involve a significant number of PAL, are the U.S. (16 PAL), Korea (30 PAL), Pakistan (15 PAL) and Central America (18 PAL).
“Investors envision that, as these projects are built, they generate a financial pyramid. And, despite a low initial investment, a company can achieve a high present value,” says Francisco Matte, Crystal Lagoons Regional Director.
“The hotel industry has identified an increase in value in rates and food and beverage consumption up to 200% when hotels include a beach, compared to hotels further inland. Investors have corroborated that, on lower-value land, a hotel with a beach and PAL elements can benefit from very attractive returns,” he added.
In Cambodia, the multinational is in advanced negotiations for 12 to 15 PAL, associated with an English developer, in Phnom Penh, Battambang, Siem Reap, Sihanoukville. It is also negotiating regional master agreements and licenses in countries such as Malaysia and Thailand. [sources/photo special]
