(Image credit: Hard Rock Hotel Palm Springs)

The popularity of crowdfunding hasn't gone unnoticed in more traditional industries. The Hard Rock Hotel Palm Springs is for sale, and offering stakes in the business to individual investors. In the first deal of its kind for an existing hotel, additional investor benefits will include improved bookings, room-rate discounts, and free use of a poolside cabana set aside for hotel owners.

Crowdfunding Spreads to Hotels as Hard Rock Sells Stakes | Bloomberg