Selling a Micro-Hotel for $1M per Key - Isaac French - Founder of Experiential Hospitality
Masters of Moments
Creating a Unique and Immersive Hotel Experience at Live Oak Lake
This chapter explores the challenges and success of building Live Oak Lake, emphasizing the importance of creating a distinct guest experience and managing liability. It discusses transitioning to a hotel model, marketing strategies with influencers, and financial success leading to a $7 million sale. Insights on underwriting, financing strategies, and operational efficiency using smart technology are also shared.
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