
Ground-Up Boutique Hotel Development in San Francisco - High Risk, Higher Reward? | Mike Demson E22
The Hotel Investor Playbook
00:00
Navigating Boutique Hotel Development
This chapter explores the financial intricacies of developing a boutique hotel in San Francisco, focusing on the balance between costs and projected revenues. The discussion covers key metrics like net operating income (NOI) and strategies for operational efficiency, such as a staff-light model supported by technology. Additionally, it addresses the significance of location, unique guest experiences, and market positioning against competitors.
Transcript
Play full episode