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The Big Break Show

Dan Tollens on How to Do Hotel Acquisitions and Renovations

Aug 7, 2024
38:39

Dan Tollens started his career in fix and flipping houses before transitioning into the hotel business. He currently owns and operates multiple boutique hotels in North Carolina, with a focus on providing unique and memorable experiences for guests.
 
 

In this episode, Dan shares their process of hotel acquisitions and the ins and outs of running a successful boutique hotel business. He shares his expertise and provides valuable insights into finding deals, underwriting, financing, and managing hotel properties. He emphasizes the importance of building a strong team and delegating tasks to maximize efficiency and profitability, the value of unique amenities and experiences in the hospitality industry. This episode is fire and it serves as a comprehensive guide for anyone interested in entering the boutique hotel market so take notes and take action!


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