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Sleeping in the metaverse! Asian Billionaire Groups Buy Virtual Land to Build Hotels

Alex Coin
April 30, 2022
Reading Time: 4 mins read
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hotel

Asian billionaire hotel groups build in metaverses Decentraland y The Sandbox.

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***

We already have in the metaverse shops , banks , restaurants. …there was no shortage of places to stay!

Two Asian hotel groups have already stepped forward to buy land in the Metaverse to build large buildings to serve as hotels.

According to information from Forbes, Millennium Hotels and Resorts billionaire Kwek Leng Beng from Singapore and Regal Hotels Group of the billionaire Lo family in Hong Kong are taking their first steps into the metaverse after purchasing virtual properties on the platforms Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. Decentraland yThe Sandbox.

The hotel Millenium the big M

Millennium Hotels and Resorts a hotel brand ofKwek’s City Developments, said yesterday that it is launching a hotel in Decentralanda virtual world where players can build, buy and sell in-game assets while interacting with others.

Known as M Social Decentraland, the hotel aims to become “a place for everyone to come together and discover the virtual reality universe.” on the metaverse platform, he said Millennium Hotels in a statement. The virtual hotel will open its doors to players in early May. Visitors will be able to interact with an avatar that guides them through the building and will have the chance to win “real world hotel surprises”.

“As we look to the future, we must look beyond the traditional hospitality model and engage our guests through new immersive experiences.” said Kwek, chief executive officer of City Developments. “We hope to redefine hospitality through M Social Decentraland by creating online adventures that integrate with real-life events.”

Millennium Hotels said it will seek collaborations on the metaverse platform. The hotel brand added that it will integrate its virtual hotel with real-world occasions, such as Valentine’s Day and New Year’s Day.

The medium Hospitalitynet informs that the hotel will be located near Genesis Plaza, in the heart of the city. Decentraland. M Social Decentraland se posiciona como un centro para exploradores deseosos de descubrir nuevas experiencias y conectarse con personas de ideas afines. Virtual hotel flaunts a giant “M” on each of its four sides, with glass exteriors and neon pink accents that create a sleek interior look.

Regal Hotels verde

For its part, Regal Hotels Group, chaired by Lo Yuk Sui, said on Monday this week that it is developing a “green metropolis ” inThe Sandbox, the metaverse platform a place to buy, sell and store cryptocurrency owned by the gaming giant Blockchain con sede en Hong Kong,Animoca Brands.

Regal Hotels Group enters the metaverse a metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users. with MetaGreen, the first green metropolis in the metaverse.

Regal Hotels Group enters the metaverse with MetaGreen, the 1st Green Metropolis in the Metaverse #metagreen #regalhotels #greenmetropolis pic.twitter.com/Md4s7QmrDF

— MetaGreen (@metagreen_city) April 25, 2022

Nicknamed MetaGreen the virtual city is looking for “promote green choices and foster a sustainable community to support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. a circular economy.” , dijo Regal Hotels in a statement shared by Forbes. The metropolis will feature a convention center for conferences related to environmental, social and governance in the world of cryptocurrencies, governance is defined as the people or organizations that have decision-making powers regarding the project. (ESG) issues. It will also include a shopping mall in collaboration with Hang Seng Bank and other retail brands, an art gallery and an organic farm, as well as an academy that partners with a Hong Kong university to promote sustainability.

More from MetaGreen

“Web3 and metaverse technologies will not only disrupt every facet of our daily lives, but also enhance socially inclusive and environmentally sustainable impact on the world.” dijo la vicepresidenta de Regal Hotels, Poman Lo, daughter of Lo Yuk Sui.”El proyecto MetaGreen se esfuerza por inspirar, educar y catalizar un futuro más sostenible mediante la movilización de un ecosistema verde de socios con ideas afines que co-crearán este camino hacia el carbono neto cero con nosotros”.

In addition , Regal Hotels said he will launch MetaGreen in October of this year.

According to the company, the virtual metropolisl atraerá a dos tercios de los 7,5 millones de habitantes de Hong Kong. He will continue to look for partners to collaborate on his metaverse project.

Sources: Forbes , Bloomberg, Hospitalitynet, Twitter, archivo

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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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