Bulut BAĞCI – President of World Tourism Forum Institute
TourismX is started aiming 1B USD Fund for tourism investments worldwide
London based World Tourism Forum Institute and WTFI (World Tourism Fund and Investment) one of the most prestigious global Tourism organizations announced the upcoming release of its TourismX (TRMX) next generation digital tourism token that will bring investors even closer to their favorite brands of Tourism. For the first time, investors will be able to participate in a variety of sectors of the travel and tourist business, including private jets, restaurants, premium concierge services, and hotels with the most well-known brands, opening a new era of utility for digital tokens in the travel industry.
TourismX is a revolutionary idea for the rapid growing global Tourism Industry. Its innovative financing system creates a win-win-win for every stakeholder in tourism.
The idea behind TourismX is to generate funds through TourismX Token Economics and then to invest these funds into carefully selected promising Tourism projects across the globe. Once these projects become profitable in total, a part of the profit (up to 50%) will be used to buy back TourismX tokens from the market to be locked in Treasury, decreasing the number of tokens in circulation, and aiming to positively impact the price of the TourismX.
“Every year billions of dollars in tourism investment are being wasted due to uncompleted projects. Thousands more investors, however, are unable to secure suitable flexible funding for their projects. Working with premium tourist industry experts over the past 20 years has made us aware of the urgent need to match investors with the proper tourism initiatives while maintaining a win-win-win investment strategy. Today’s technology enables us to bring together parties for everyone’s advantage. We think the global tourism investment paradigm will be revolutionized by TRMX Token and its innovative technologies.” said Mr Bulut Bağcı, President of World Tourism Forum Institute.
Win for Investors:
TourismX is a win for investors as it enables the Token Holder to benefit from several parts of the high growing Tourism Industry. It has full operational excellence will be through global leaders of Hospitality Industry. Tourism Projects financed by TourismX will be executed in close collaboration with International Chain Brand Hotels. Global expertise of these chains would increase the success rate of the projects. WTFI’s years of expertise and global network will be detrimental for successful businesses in hospitality, restaurant, private jet and luxury concierge industries.
Smart geographical disperse portfolio will ensure optimum allocation. Growth is expected to accelerate across all regions of Africa, Asia, Europe, and Americas supported by a recovery in tourism, expansion of hotel capacity and significant public investment in natural disaster-resilient infrastructure funded by local governments. In this context, World Tourism Forum Institute’s strong network and high-profile relationships in these regions offer multiple opportunities for local government-backed hotel investments. This sets WTFI Holding ahead of individual chains in terms of speed and consistency.
While any investor could buy stocks of individual Hotel Companies separately, TourismX offers to become a part of a well-balanced project portfolio of different hospitality brands in one basket. The portfolio approach increases the probability of success in case a certain chain under performs on a given year. As Tourism industry investments are expected to increase rapidly upcoming years, this would positively position TourismX is a viable investment choice with maximum profit turnover across various Crypto Exchanges.
Such unique strategy backed by years of networking and high-profile experience of World Tourism Forum Institute makes TourismX a certain intangible asset to be kept long term for the investor. After all, enhanced intangible effectiveness is not a naturally occurring advantage that any hotel owner can enjoy. It is an advantage that can be acquired through hard work and dedication by WTFI and TourismX to the hotels in the portfolio.
Win for Tourism Industry:
TourismX project is also a win for Tourism Industry, as it injects smart finance into projects where the classical financial instruments might be ineffective or expensive (collaterals, etc.). Institutional funding is getting harder due to inflation and total uncertainty in the World. Bank and financial interest rates are overwhelmingly high.
Hotel investors in USA, EU and in more developed parts of the World may still find funding the need. However, in the surging economies, it is harder for the hospitality and tourism investors to reach easy funding due to record high national debt levels, volatile foreign currency, and many reasons for uncertainty. The higher real interest rates on government bonds have spurred an even larger rise in borrowing costs for consumer & businesses and contributed to sharp declines in equity prices globally. TourismX at this point, provides hotel & hospitality industry investors with accessible funding.
Win for Travelers:
It is a win for the Tourists as the TourismX unlocks a unique world of integrated dream experiences going far beyond the typical travel. The TourismX Community is constantly delighted with special moments, money can’t buy privileges, priorities, discounts, etc. Furthermore, TourismX is also planned to be used in commercial activities within the TourismX backed hotels as well as a wider global network.
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