As the hospitality industry faces great challenges, a group of hospitality professionals have launched an international initiative : Buy Now, Stay Later.
This encourages the purchase of hotel bonds to support participating properties.
Similar to savings bonds, hotel bonds can be purchased now at a rate of $100. After the 60+ day maturation period, the hotel bonds can be redeemed for a value of $150 to use towards future hotel stays.
The Buy Now, Stay Later website features a list of participating hotels while also allowing additional properties to continue signing up.
Properties that have already joined the campaign include :
- Casa Violeta ,Tulum, Mexico : www.casavioletatulum.com
- Eastwind Hotel & Bar, Windham, NY : www.eastwindny.com
- LondonHouse Chicago, Chicago, IL : www.londonhousechicago.com
- Le Barthelemy Hotel & Spa, St. Barth's : www.lebarthelemyhotel.com, and