US Thesis

Mature-market US yield,
across five named pillars,
one operator end-to-end.

The US is the named mature-market / balance leg of the TropicBay corpus, and the thesis below lays out the five pillars the leg turns on — the 6–8% modelled band (US target band, narrower than Caribbean and SE Asia counter-cyclical bands), USD denomination end-to-end without FX friction, the STR permit framework across Florida + the Gulf Coast + the Smoky Mountains, the deeper exit-window liquidity + global buyer pool, and a Florida Keys flagship at the underwrite gate. Each pillar is grounded in a typed constant on disk so a capital partner can cross-check the prose against the deck and the calculator.

The five pillars at a glance

The five pillars a US LP position turns on.

These are the structural pillars the US mature-market leg turns on. Open a tile to read the underlying prose and the source it cites.

01 · US target band

Mature-market

open the pillar →

02 · USD denomination

USD-native

open the pillar →

03 · STR regulation

STR pathway

open the pillar →

04 · Exit-window pool

Liquidity depth

open the pillar →

05 · Florida Keys Coral House

$750.00/night

Florida flagship · 4BR

The five pillars

Open one, see the position and the constant it cites.

Each pillar links the operator's position to the typed constant on disk the position is grounded in. Yields are illustrative targets, projected from the per- property model at the US band (6–8%), narrower than the Caribbean (8–12%) and SE Asia (8–12%) counter-cyclical bands.

Walk the US thesis into the model

Walk the US thesis into the deck, the model, and then a founder call.

The deck PDF carries the full markets, ROI, and acquisition slides; Florida + the Gulf Coast + the Smoky Mountains and Florida Keys Coral House are the named anchor for the 2026 US mature-market leg (6–8% modelled band, paired with the 8–12% Caribbean and 8–12% SE Asia counter-cyclical legs). The founder call walks through the per-property model and the term-sheet template.