According to Foresight News, ApeCoin DAO has approved a proposal to establish an Ape-themed hotel in a prime location in downtown Bangkok. The proposal, known as AIP-448, received a 78.3% approval rate from voters on Snapshot. The hotel will feature themed rooms, including APE, BAYC, Otherside, Apechain, and Mocaverse designs. Once the themed rooms are completed, ApeCoin DAO will receive 50% of the room revenue for one year. Additionally, ApeCoin DAO will earn income from all themed rooms, with funds being returned to the DAO treasury on a quarterly basis. The hotel will handle local compliance and settlement of the funds.