There’s a growing pilgrimage of people headed to Hot Springs National Park. To soak. To stargaze. To hike. To win, and who knows — maybe even find a handsome gem along the way.
What’s drawing people to Hot Springs is the same curiosity that’s drawn people there for hundreds of years — the natural springs. Clean, warm water rising, working its way up through thousands of feet of molten magma, porous crust and bedrock before bursting through the ground. What awaits on the surface is mineral-rich, natural pools of local H20. Most people who see the wonders of the hot springs and geysers feel drawn to immerse their bodies (or at least a toe) in its healing waters.
With nine historic bathhouses dating back to the early 1900s the city has become synonymous with the modern day “American Spa”. Patrons looking for a spring of wellness with the niceties of being indoors can experience thermal mineral water baths on the historic bathhouse row among its grandiose architecture, opulent spa amenities and trained professional staff.
I guess Hot Springs really parlayed their natural resources into a well that springs. Well played Hot Springs. Well played. Royal Capital Group is investing in this historic place bringing new hotels, entertainment, restaurants and retail to the area. More than water will be bubbling up in Hot Springs in the year to come.
CRE sales growth in the United States through Q1 has increased almost 50% percent over the prior year (2021) according to MSCI — with Retail and Hotel categories driving the highest double-digit growth. Take a moment to review Altis Capital's many retail, hotel and entertainment projects underway in the United States.
At Altis Capital, we invest a great deal of time thinking about economic moat — specifically our business strategy, capital allocation (debt and equity), and leveraged tacit and explicit knowledge. These certainly serve to strengthen our brand's economic moat and are not easily imitable, but the two most strategic competitive advantages at the core of our economic moat are our focus on relationships and experience. People and their personal journey with our brand are our first priority.
Esports industry revenue is expected to eclipse $1.5 billion by 2023 and demand for spaces tailor-made for gamers is high. Investors are looking for opportunities to capitalize on the growth. Altis Capital is currently exploring opportunities to raise the bar for live esports experiences with great venues in the United States sure to exceed the wildest dreams of gathering gamers and their growing spectators.
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