Stephane De Baets

Stephane De Baets (born April 6, 1969) is a Belgian investment, real estate, and hospitality entrepreneur. He is founder and president of the international asset management firm Elevated Returns, which controls the Aspen St. Regis Resort in Aspen, Colorado and other commercial properties in the United States, Europe, and Southeast Asia.

He is also the founder and owner of Chefs Club, a restaurant group that features a rotating residency of chefs from around the world. The firm's portfolio of Class A real estate investment assets, which include properties in the United States, Southeast Asia and Europe, are collectively valued at more than US$1 billion.

The firm is a pioneer in digitizing traditional financial assets using blockchain-based technology.

In March 2019, De Baets acquired 21.4% of Seamico Securities ZMICO (BKK) and repositioned it as a fully integrated fintech play in South East Asia offering blockchain digital assets solutions to traditional finance. Following the repositioning, Seamico Securities is being renamed XSPRING Capital and now trades under (XPG.Bk0

De Baets also founded ERX, a fully regulated digital assets exchange in Thailand.

Aspen St. Regis Resort De Baets is a majority controller of the Aspen St. Regis Resort in Aspen, Colorado, through the single-asset trust Aspen Digital Inc., which operates as a subsidiary of Elevated Returns. Aspen Digital Token later migrated to the Securitize platform and was to start trading in October 2019 in multiple exchanges. The tokens effectively operate as shares in the property. Because it is based on blockchain technology, computers are able to independently verify ledgers and other transaction records associated with the sale of the tokens, which removes layers of intermediaries that would otherwise be paid in a transaction.

Chefs Club In 2012, De Baets launched the restaurant group Chefs Club inside the St. Regis Resort in Aspen, Colo.

Chefs Club launched a second location in New York City in 2014, followed by a fast-casual location called Chefs Club Counter in 2017.

In 2017, the restaurant group transitioned from its nightly menu and visiting chef format to a residency program, in which a different chef assumes complete creative control of the space and menu at one of its three locations for months at a time.

De Baets has stated his desire to turn the Chefs Club concept into a global concept.

Other Ventures In April 2025, De Baets and wife, Sabrina, purchased Viewline Resort Snowmass, Wildwood Snowmass, and Snowmass Conference Center.

Redstone Castle In April 2022 Elevated Returns, through its wholly owned subsidiary ER Wellness, acquired Redstone Castle. Approvals were passed to turn Redstone Castle into a wellness retreat, part of RAKxa Wellness, in April 2024.

Personal life De Baets is married to hospitality executive Sabrina Huls. They live in Aspen and have five children.

De Baets speaks French, English, Dutch and Thai.