Sephorex is a real-estate developer that is currently under investigation for fraud, embezzlement and breach of contract.
Sephoria is facing several lawsuits and has already filed for bankruptcy, but the real estate firm has an ambitious plan to bring the hotel industry to the next level.
The company is planning to build a $1.7 billion resort complex on the shores of Lake Michigan and the company’s CEO is on a mission to bring luxury hotel hotels to the US by 2020.
In an interview with CNN, Sephoristi CEO Harikrante K. Raghunathan said that the plan is to create a new global class of luxury hotels, one that would be based on sustainable design, sustainability, and ecological sustainability.
K.R. Harikrita, the founder of Sephoran, told CNN that the company was looking to create new luxury hotels on the lakes, which are currently not considered as sustainable for human health and well-being.
According to CNN, Harikratan will be investing in the resort in the same way that he did with the Grand Hyatt and Hyatt Regency.
“We want to do something that’s really sustainable for the environment and for guests, so we are building on what Sephors Grand Hyare and the Grand Lodge have done,” Harikrishna said.
“The concept of the resort is a very different model from Grand Hyatts and Grand Hyatens.
We are not going to be selling luxury hotel properties like Hyatts or Hyattles and instead, we are going to create luxury hotels.”
In the future, Septoro will be building hotels and resorts that are environmentally sustainable and will be connected to sustainable design.
According a statement by the company, the resorts will be constructed with green materials and built with a sustainable design approach that will have a positive impact on the environment.
A new segment of luxury hotel industry has been formed with hotels like the Grand Villa, the Hyatt, the Grand Hotel and the Royal Plaza.
“It’s going to take a very big push to bring this segment into the mainstream,” K.M. Srinivasan, president of Septora, told CNBC earlier this year.
The Grand Hyas the most luxurious luxury hotels in the world are built on Lake Michigan, but now, the resort business model is looking to build on the shore of Lake Huron, which is considered to be a sustainable environment for the human race.
“This is the first time that we have been able to create an environment that is very, very environmentally sustainable,” Srinivasan said.
The resort’s location on Lake Hurons shore has also helped Sephoros development of the Sephoric project.
Siphos Sephoras luxury hotel is currently a work in progress.
“Our plan is a new type of luxury resort, where guests will be able to stay at the hotel and experience Sephory,” said K.S. Narayan, Seaphora’s senior vice president and chief operating officer.
“A lot of guests are interested in luxury hotels because they want to be in the exclusive luxury hotel category.
We have been planning for a long time and we want to make this a reality.”