Sky is the Founder and CEO of Basecamp Resorts, a hospitality brand headquartered in Canmore, Alberta, Canada. It currently operates 11 hotel and resort properties across Western Canada’s most spectacular mountain ranges.

Jake and Sky discuss:

- The state of experiential travel

- Finding great locations

- A walkthrough of a deal

- Nordic spas

- Advice for folks in hospitality

Links:

Basecamp Resorts

Sky on LinkedIn

Connect & Invest with Jake:

Follow Jake on Twitter: https://twitter.com/jwurzak

Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/

Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo

Topics:

(00:00:00) - Intro

(00:02:30) - Sky’s career and the Airbnb experience

(00:16:30) - The state of Basecamp today

(00:19:37) - Balancing chasing easier opportunities in real estate and complex hospitality projects

(00:22:02) - Finding good locations

(00:23:12) - The change in experiential travel

(00:24:43) - How are you capitalizing and structuring deals?

(00:33:51) - Sky’s competitive edge

(00:36:49) - How to know if you can make a property work

(00:38:17) - Spending money on things a guest sees vs. things they won’t see

(00:39:27) - F&B

(00:41:24) - Walkthrough of a deal

(00:52:14) - How do you approach design?

(00:55:14) - Nordic spas

(00:58:37) - Townhouse-hotels & alternative lodging

(01:02:41) - Sky’s worst deal

(01:04:53) - Advice for folks in hospitality

(01:06:23) - Building culture

(01:09:29) - What is your favorite hotel?