Travaleo Signs Memorandum of Understanding for Luxury Hotel Development in Venezuela

Travaleo, LLC, a branded real estate investment and development platform wholly-owned by Genesis Holdings, Inc. (OTC: GNIS), has executed a Memorandum of Understanding with the owners and developer of the Hotel Tulasi Mandir project, a 28-villa luxury boutique hotel located on Isla de Coche, Estado Nueva Esparta, Venezuela. The MOU establishes a framework for collaboration on new construction to transform the property into a world-class, branded luxury boutique destination in the Caribbean. The contemplated cooperation may include strategic development planning, capital advisory support, and the introduction of an internationally recognized hospitality brand, subject to definitive agreements.

Travaleo anticipates this project will mark its flagship debut in Venezuela and establish the platform as a premier entry gateway for international and U.S.-based investors looking to access institutional-grade, branded luxury real estate in the country. Under the terms of the MOU, the parties will work in good faith during a 90-day exploratory period to assess development plans, branding strategy, and financing alternatives. The MOU is non-binding with respect to any definitive transaction, except for customary confidentiality and related provisions.

A representative of the Seller stated that this project represents a compelling opportunity to elevate an already exceptional location into a truly globally competitive luxury destination. The representative expressed pleasure in formalizing collaboration with Travaleo and anticipation for exploring how Travaleo's experience in branded hospitality and capital markets can help realize the full potential of this unique Caribbean asset. Oscar Brito, CEO of Travaleo and Genesis Holdings, added that Venezuela has extraordinary natural assets, and this development can set a new standard for thoughtfully new construction, premium boutique hospitality in the Caribbean.

Brito further noted that beyond Isla de Coche, Travaleo is actively evaluating additional 'crown-jewel' locations and iconic properties, including select Caracas-based opportunities, that could ultimately be hosted on the Travaleo platform as the company builds out a curated portfolio across the country. The parties anticipate providing further updates as discussions progress and definitive agreements are negotiated. This development represents a significant step in opening Venezuela's luxury real estate market to international investment through structured, branded platforms. For more information about Travaleo, visit https://www.travaleo.com/. Details about Genesis Holdings can be found at https://www.regen.digital/.