In this episode of Masters of Moments, I share my experiences in hospitality and real estate investment, from raising $6 million for a preferred equity deal to handling unexpected challenges in hotel management. I also discuss the shift toward experiential and lifestyle hotels and why smaller investment opportunities can offer strong returns.
I also discuss how technology improves hotel operations, makes it easier to manage boutique properties, and the potential benefits of incorporating residences into hotel projects. I also break down key strategies for building strong investor relationships and navigating market trends.
Other topics include:
- Finding value in overlooked investment opportunities
- Revenue strategies for hotel profitability
- Lessons learned from setbacks in hotel operations
Whether you're new to hospitality or a seasoned investor, this episode offers practical insights on building and managing successful hotel projects.
Connect & Invest with Jake:
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Topics:
(00:00:00) - Intro
(00:00:51) - Exploring Estelle Manor: A New Hospitality Trend
(00:02:46) - Insights from the Lodging Investment Conference
(00:04:13) - Opportunities in Small Deals and Private Equity
(00:06:54) - The Shift in Hospitality Preferences
(00:08:06) - Challenges for Traditional Hotels
(00:09:08) - The Rise of Experiential and Lifestyle Hotels
(00:09:50) - Case Study: The Breakers Hotel
(00:11:01) - The Middle Market's New Options
(00:20:16) - Automating Small Hotels: A Success Story
(00:28:24) - Scaling Challenges in the Hotel Business
(00:28:56) - Dealing with Hotel Incidents
(00:31:41) - Balancing Occupancy and Revenue
(00:33:30) - Strategies for Managing Hotel Rates
(00:37:55) - The Rise of Experiential Travel
(00:43:47) - Incorporating Residences in Hotels
(00:46:50) - Fractional Ownership and Real Estate Strategies
(00:53:16) - Creating a Unique Hotel Brand
(00:55:26) - Effective Communication for Raising Capital
(00:58:41) - Conclusion and Final Thoughts
Links:
Estelle Manor - https://www.estellemanor.com
The Lodging Conference - https://www.lodgingconference.com
Hyatt Regency O'Hare Chicago - https://www.hyatt.com/en-US/hotel/illinois/hyatt-regency-ohare-chicago/ohare
Chicago Athletic Association Hotel - https://www.chicagoathletichotel.com
Muse - https://www.muse.com
SALTO Systems - https://www.saltosystems.com
DIAMO - https://www.diamo.com
Cost.com - https://www.cost.com
AutoCamp - https://www.autocamp.com
Belmond - https://www.belmond.com
LVMH - https://www.lvmh.com
All-In Podcast - https://www.allinpodcast.co
CloudKitchens - https://www.cloudkitchens.com