Bay Street Capital Holdings announced the launch of Resthaven Properties, a collection of black-owned luxury vacation properties, in recognition of both the shift in consumer travel behavior from established brand hotels to boutique establishments and the market opportunity to leverage social media influence through content to use creators to address arbitrary consumer spending in the leisure travel space.
LOS ANGELES, November 6, 2022 /PRNewswire-PRWeb/ — Equity investments on Bay Streetfounded in 2018 by William Houston, is a leading black-owned investment firm whose mission is to inspire the next generation of entrepreneurs and fund managers. The company announced the launch of Resthaven Properties, a collection of black-owned luxury vacation properties, recognizing both the shift in consumer travel behavior from firmly branded hotels to boutique spaces, and the market opportunity to leverage content creators’ influence on social media to address indiscriminate consumer spending on vacation travel space. Verified market data shows that independent brands have outperformed fixed-brand hotels during the pandemic, with consumers opting to pay a premium for more private spaces and amenities. Demand for self-contained vacation rentals, although accelerated by COVID-19, was trending higher even before the pandemic, prompting brands like Marriott to add vacation rentals to their offerings (Tribute Portfolio Homes launched in 2018).
Rest Haven Los Angeles located at 522-524 Rialto, Venice, CA in the upscale neighborhood of
