Travis Kelce wants to diversify his business and be in the hotels and resorts industry

The NFL star has extended his deal with the Chiefs, has been signing many deals with brands that bring him millions in his bank account, and is also in the spotlights more than ever in his relationship with Taylor Swift.

Travis Kelce is working on investing in Caribbean resorts
4

Travis Kelce is working on investing in Caribbean resortsCredit: Getty

Kelce fell in love with the Caribbean Islands while on vacation with Taylor Swift
4

Kelce fell in love with the Caribbean Islands while on vacation with Taylor SwiftCredit: Getty
For Kelce, business is booming and his bank accounts are getting bigger and bigger.

But the goal is to be successful on and off the field, and explore options in order to diversify his sources of money. One passion of Kelce’s since he started his relationship with Swift is travelling.

Swift and Kelce spent time in the Bahamas on vacation together, a trip that sparked his love for the Caribbean.

“You know what? It’s just the lovely place down there, isn’t it?” Kelce said after the trip.

“You can get it all down there. All the love in the world.”

From luxurious hotels to wonderful resorts, the Chiefs’ star is looking to invest in the tourism business, and has been in talks to do so.

Sources have told The U.S. Sun that Kelce is in the process of becoming an ambassador for high-profile resorts.

“Travis is a dynamic guy that wants to invest in things that he loves, and where he thinks that he will make very good business,” a person close to Kelce’s entourage said.

“He has been talking for many months now that hotels and resorts are a target for him, and there have been talks with many groups in the recent weeks to have him get on board as a shareholder and even an ambassador for some groups that have hotels and resorts all over the world, like many beach places like the Bahamas, Thailand, some Greek Islands and Barbados for example.”

Kelce would receive a large compensation package centered around an advertisement campaign for the resorts.

He would also be awarded shares in the company to help him learn about the resorts business.

“The deal to become an ambassador is an offer of around 2 million dollars per year for one of the biggest international hotel and resort group (with an advertisement campaign centered around him travelling and a commercial on TV), and they offer him some shares in the company so he can get into the business and learn from it,” the source continued.

The source continued that Kelce’s plan to learn about the business as an ambassador before investing into the group.

“I think that is a very good idea, to have him as an ambassador and have him get and learn about this specific business, before investing some of his money in that group,” the source said.

“The other two talks are with groups that have mainly hotels and resorts in the Carribean and the West Coast (to Cabo) and Hawaii, he loves Hawaii!”

Kelce could work as an ambassador for multiple years while gaining capital in the company, before working on opening a resort in one of his desired locations.

“The possibility would be to have him be on the investor pool and invest around 3 to 4 million dollars for 3 years, by being part of the investors that are planning on opening some big luxury hotels and resorts in Hawaii and Cabo (Mexico),” the source said.

“The talks with those groups is going very well, and Travis is very excited to invest in that business. That is one of his business targets.”

Kelce is signed with the Chiefs through the 2027 season, so he has multiple years that he could invest in the business before fully focusing on it.

He will likely travel more with Swift during that time, and could discover more locations he would like a resort in before he gets into the business.

Kelce has spent much of his time off traveling alongside Swift
4

Kelce has spent much of his time off traveling alongside SwiftCredit: Getty

Kelce is working on becoming an ambassador for a major resort before investing
4

Kelce is working on becoming an ambassador for a major resort before investingCredit: Getty

Related Posts

Our Privacy policy

https://news75today.com - © 2024 News75today