ParkVida Group, Inc.
PRKV
Other OTC0.01
USD
- -
- -
CIK
0001104672
ISIN
US7014961012
CUSIP
701496101
Return %
Stock
S&P500
1Y
-26.74
26.53
3Y
-58.55
76.60
5Y
-61.23
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Doyle Betsill
- Full Time Employees
- 3
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- 1221 Osler Street Regina SK Canada
- IPO Date
- Aug 10, 2004
- CIK
- 0001104672
- Website
- parkvida.com
- Similar Companies
- Business
- ParkVida Group, Inc. operates as a real estate development and eco-adventure resort company, primarily focusing on the development and management of a luxury private community and destination resort in the Dominican Republic. The company's core offerings include the development of single-family and multi-family villas, luxury estates, distinctive dining venues emphasizing farm-to-table cuisine, wellness-focused spa services, and a wide range of outdoor adventure and recreational activities centered on its natural tropical terrain. ParkVida's development spans approximately 700 acres in the Cordillera Central Mountain Range, adjacent to the Armando Bermúdez National Park, featuring state-of-the-art mountain biking trails, hiking routes, and wellness nature experiences designed for adventure and nature enthusiasts. Founded with headquarters in Kahului, Hawaii, ParkVida plans to cater primarily to affluent individuals seeking an immersive nature retreat combined with luxury living. The company targets active individuals with disposable income attracted to the unique juxtaposition of comfort, adventure, and ecological sustainability. ParkVida also operates a hospitality segment through its eco-adventure resort, offering fully equipped tent accommodations and immersive mountain retreat experiences for guests, projected to launch in the third quarter of 2025. In recent developments, ParkVida Group announced a $20 million private placement of Series B Preferred shares in 2023 to fund the initial construction phase of its development project in the Dominican Republic. This funding aims to cover surveying, architectural design, permits, construction, and marketing costs, marking a significant operational milestone. The company faces ongoing efforts to secure necessary permits but continues to advance site preparations and construction for its luxury villas and lodges. Additionally, ParkVida has introduced a mountain bike retreat initiative designed for small groups seeking immersive outdoor experiences while the broader development proceeds. These strategic moves and funding efforts reflect the company's commitment to building a sustainable, high-end residential and resort community with significant growth potential. ParkVida Group’s business spans real estate development, luxury hospitality, and eco-tourism within the Caribbean region, with an emphasis on sustainable and high-end community living. The company leverages strategic partnerships for financing and operations, including Park Capital Management 2012, Inc. The ParkVida resort and community development project represents an innovative blend of luxury real estate, wellness, and adventure tourism, positioning the company as a niche developer within the luxury eco-resort market segment. Overall, ParkVida Group, Inc. operates in luxury real estate and eco-tourism sectors, with flagship products consisting of private luxury villas and residences, eco-adventure resort services, distinctive dining concepts, wellness spa experiences, and nature-focused recreational activities, complemented by recent strategic financing and partial operational rollouts in the Dominican Republic. The company’s headquarters are located in Kahului, Hawaii, and it was established to capitalize on the growing demand for sustainable, immersive luxury living and tourism experiences in the Caribbean region.