The Hotel Investor Playbook

How a Pilot Bought a $10M Hotel With Zero Hotel Experience | Curt Marker E66

10 snips
Jan 13, 2026
Curt Marker, aka Captain Curt, is a professional private jet pilot and the CEO of Captain Capital, specializing in commercial real estate. In this discussion, he reveals how he raised $1.5 million to co-invest in a boutique hotel without any operational experience. Curt shares valuable insights on the importance of strong partnerships, effective communication with investors, and the process of capital raising. He emphasizes leveraging personal networks over social media for funding and discusses the operational strategies that boosted hotel performance.
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ANECDOTE

How He Bought A 130-Room Hotel

  • Captain Kurt raised $1.5M and co-GP'd a 130-room Smoky Mountains hotel without doing day-to-day operations. He provided capital, underwriting, and used his bank standing while Blake handled operations.
INSIGHT

Marketing + Amenities Drive Rapid ADR Gains

  • Raising ADR and distribution channels can unlock large value in a mom-and-pop hotel. Tremont moved ADR from about $85 to $129 and booked 3,000 additional room nights after marketing and amenities upgrades.
ANECDOTE

USDA Loan Delays Blew A $200K Hole

  • The USDA loan process stalled after an archaeological survey and a USDA staff departure, extending closing by six months. The bridge loan cost the project roughly $200K in extra interest.
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