Navigating Hospitality Entrepreneurship

Channeling a passion for the hospitality industry, Mitch Patel established Vision Hospitality Group in 1997 on a foundation of values that guide the organization to this day.  

With an unwavering commitment to excellence, Mitch oversees every aspect of the company, from investment procurement to the seamless execution of daily operations. Additionally, he oversees strategic development and implementation that has propelled Vision Hospitality Group to garner numerous awards within the industry.

Links:

Visionary Hospitality Group - https://www.vhghotels.com/

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Topics:

(00:00:00) - Intro

(00:00:55) - Mitch’s career and background in hospitality

(00:20:40) - What did you learn about risk in the early days of your company and why did you only focus on the hotel asset class?

(00:31:39) - How much do you attribute your success to your ability to develop vs. operate?

(00:39:15) - How are you able to develop 10 hotels at once?

(00:59:05) - Mitch’s passion for experiential and lifestyle hotels

(01:20:06) - What are the non-negotiables you put in independent hotels?

(01:29:54) - What concerns do you have for the future of hospitality?

(01:44:10) - What is your favorite hotel?

This episode originally aired in May of 2024