EV Evolution Venue hotel and ServiceTry form Join Venture


Posted September 7, 2024 by Kenevhotel

Two Teams are formed to create one revolutionary concept Eloise Project.

 
Introducing The Eloise Project: The Luxury Hotel Experience Set to Redefine Hospitality

Alpharetta, GA – Imagine a hotel that doesn't just exceed your expectations but shatters them. Welcome to The Eloise Project, the revolutionary new hospitality concept from a groundbreaking partnership between EV Evolution Venue and ServiceTry. This isn't just a hotel – it's an immersive luxury experience designed to leave guests breathless.

From the moment you step through the doors of an Eloise property, you'll be surrounded by unparalleled opulence and cutting-edge innovation. Every detail, from the lavish décor to the cutting-edge technology, has been meticulously curated to create an unforgettable experience. But The Eloise Project isn't content to simply raise the bar – it's poised to transform the hospitality industry forever.

"We're not just building hotels, we're crafting worlds," said Ken Patel, CEO and Chairman of EV Hotel Corp. "The Eloise Project is about immersing guests in luxury and wonder. We're creating spaces where every moment is memorable, and every stay is extraordinary."

"We set out to innovate! This is the best opportunity for our venture to bring a new paradigm to the hospitality industry in a real impactful way, resulting in a delivery method that guests deserve," said Joseph Ursini, CEO of ServiceTry Integrated Services.

Under the terms of the joint venture, ServiceTry will acquire a 40% equity stake in EV Hotel Corp, giving them access to all of EV’s global revenue streams. Valued at nearly $400 million, this deal represents a major strategic investment, poised to fund the development of EV Evolution Venue hotels across international markets. This partnership will not only bolster EV Hotel Corp's global footprint but also establish ServiceTry as the largest investment shareholder in the company. This significant stake will enhance the valuation of the EV Hotel brand, positioning it for substantial growth and expansion in the global hospitality sector. The collaboration is expected to drive innovation in hotel offerings and deliver new value to customers worldwide, setting a new standard in the industry.

"The joint venture between EV Hotels and ServiceTry Integrated Services is set to revolutionize the hospitality industry, an industry that I see is begging for innovation. I am incredibly excited to work with such a talented team as we design the future of hospitality and redefine what it means to be a modern traveler," added Bobby Vance, Chief Design Officer of ServiceTry Integrated Services.

"I am thrilled to be a part of a disruptive partnership between ServiceTry Integrated Services and EV Evolution Venue! Together, we are blending our expertise to craft a luxurious experience that seamlessly combines opulence and cutting-edge innovation," said Victor Claudio, Member of the Board of Directors at ServiceTry Integrated Services.

The joint venture agreement has multiple hotels planned in the pipeline. This partnership, spanning over the next five years, is projected to be worth nearly $400 million. The redefining concept delivers Dubai style amenities along with centric guest experiences. The concept will be known for its photo worthy design and the aesthetic appeal to the modern traveler. Potentially could be called the social media hotel with number of reels and reshares that we expect. We are not a brand we are a boutique that aims to deliver the immersive travel experience.

"This JV is very exciting because it enables ServiceTry Integrated Services and EV Hotels to rise above the fray and really offer something uniquely innovative in hospitality," added Melvin Claudio, Member of the Board of Directors at ServiceTry Integrated Services.

"Get ready for a hospitality revolution, because it's coming your way! I'm thrilled with our JV between ServiceTry Integrated Services and EV Evolution Venue because it isn't just innovative - it's a financial game-changer. The Eloise project isn't just about luxury - it's about smart, strategic growth that will redefine the industry and boost our bottom line," said Neeti Dewan, CFO of EV Hotel Corp.

"The Eloise project is a game-changing collaboration that will revolutionize hospitality! We're redefining luxury and elevating the standard, promising an unparalleled experience that will leave the world in awe," added Nancy Patel, Executive VP of EV Hotel Corp.

The first wave of Eloise locations will debut in Birmingham, Phoenix, Atlanta, Houston, Louisville, Kansas City, and Dallas, with dozens more cities slated for the near future. This isn't an expansion – it's a revolution. The Eloise Project is coming, and the hospitality industry will never be the same.

Don't get left behind. Learn more about The Eloise Project and experience the future of luxury hospitality at theevhotel.ai.

For Press Inquiries, contact:
EV Hotel Corp
[email protected]
Theevhotel.ai

About The Eloise Project:
The Eloise Project is a revolutionary new hospitality concept from a partnership between EV Evolution Venue and ServiceTry Integrated Services. By combining unparalleled luxury with cutting-edge innovation, The Eloise Project is poised to redefine the hotel experience and transform the hospitality industry.
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Issued By EV Hotel Corp
Country United States
Categories Business , NFT , Real Estate
Tags hospitality , joint venture , hotels , private equity
Last Updated September 7, 2024