Tokenized Debt Issuance for Hampton by Hilton Hotel at El Salvador International Airport – HILSV Now Live
Inverlag Launches El Salvador’s First Tokenized Debt Issuance for Hampton by Hilton Hotel at Airport
Inversiones Laguardia S.A. de C.V. (Inverlag) has made a groundbreaking announcement with the launch of HILSV, El Salvador’s first tokenized debt issuance. The issuance aims to raise USD 6.25 million to finance the construction of a Hampton by Hilton hotel at El Salvador International Airport.
The hotel, spanning 4,484 square meters over five levels, will boast 80 rooms, commercial spaces, a swimming pool, restaurants, a gym, gardens, and multipurpose rooms. Situated on a 15-acre plot leased from CEPA, it will be the sole hotel within the airport premises.
Investors can expect a 10% coupon rate paid semi-annually over a 5-year period, with a minimum investment of $1,000 USD. Those investing over $10,000 USD will also qualify for complimentary nights at the hotel during the issuance period.
HILSV is issued on the Liquid Network, a Bitcoin sidechain, ensuring swift settlement of digital assets. Bitfinex Securities will manage the capital raise and trading. The project is slated for completion within 12 months, generating 1,000 jobs during construction and 5,000 jobs once operational.
El Salvador’s tourism industry is experiencing rapid growth, making a significant contribution to the national economy. With a 10% GDP share, an average stay of 9 nights, 67,000 jobs created, 1.9 million annual visitors, and $2.4 billion in revenue as of July 2023, the sector is thriving. Visitors spend an average of $195 USD daily.
Despite this growth, El Salvador lacks high-quality accommodations. The new Hampton by Hilton hotel will fill this gap, offering convenient lodging for both business and leisure travelers. Its strategic location within the airport premises will cater to travelers seeking comfort and convenience upon arrival or departure.
Roberto Laguardia, president of Inversiones Laguardia, emphasized the importance of new digital asset laws in providing access to previously untapped capital markets. He stated, “These laws enable us to develop crucial tourism infrastructure, unlocking potential growth in the sector and delivering broad economic benefits for Salvadorans.” The hotel investment is projected to generate over $1 million in annual taxes, supporting essential healthcare and education services for citizens.
El Salvador’s adoption of Bitcoin as legal tender in 2021 underscores its innovative approach to integrating cryptocurrency into the economy, making the HILSV issuance an attractive investment opportunity. For more information on the issuance and investment opportunities, visit Inverlag Hotels.
