Hotel Owner Turns to Crowdfunding for New D.C. Lifestyle Hotel

Alexandra E. Petri

December 21st, 2015 at 7:00 AM EST

Photo Caption: Hotel RL was formerly the Quincy Hotel. Hotel RL

Skift Take

It's an odd experiment from an unconventional brand.

Crowdfunding isn't just for smart luggage and pocket-filled jackets. Using the crowdfunding platform EarlyShares, Shelbourne Capital is launching an opportunity to invest in the conversion of the Quincy Hotel in Washington D.C. into Hotel RL, Red Lion’s boutique brand. Shelbourne is looking to raise $3,540,000 total, and is requiring a minimum investment of $25,000. Joe Fox, CEO, Shelbourne Capital, says he thought investing in a hotel in a market like D.C. would be attractive

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