Masters of Moments
Redefining Experiential Hospitality - Atit Jariwala, Founder and CEO of Bridgeton
Atit Jariwala is a real estate executive who has been involved with real estate management and investment his entire life. As a partner and co-founder of several real estate companies, Atit has been involved in acquiring, developing, and managing dozens of properties across the United States. In total, Atit has been involved in acquiring and developing over $2.5 billion of real estate throughout the U.S. directly as a principal.
Bridgeton is dedicated to driving innovation in the hospitality industry and achieving this through expressive design, crafting unique experiences, and providing exceptional service. This steadfast commitment to delivering unmatched experiences extends to their partnerships with investors.
Links:
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Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/
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Topics:
(00:00:00) - Intro
(00:02:32) - Atit’s portfolio and evolution in Hospitality
(00:06:28) - How do you think about scaling your business?
(00:10:07) - What mistakes did you make in your career you would encourage others to avoid?
(00:20:02) - How have the other assets in your portfolio helped the hospitality assets in your portfolio?
(00:24:06) - Transforming a motel into a valuable hospitality asset and selling it to PE
(00:30:38) - What mistakes have you made in Capex or renovation you learned a lot from?
(00:35:19) - Thoughts on seasonal properties
(00:37:52) - How do you deal with staffing in a seasonal environment?
(00:39:35) - How are you underwriting properties?
(00:45:27) - What are the key components that are non-negotiables in your properties?
(00:54:54) - How do you approach design?
(01:08:13) - How do you approach F&B?
(01:13:09) - What’s an idea you really want to do?
(01:15:35) - What’s your favorite hotel?
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