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Short Term Rental Secrets Podcast
Ep 208 - Buying Your First Boutique Hotel with Kim Herrlein
Sep 23, 2024
Kim Herrlein is an expert in luxury short-term rentals who now focuses on boutique hotels. In this discussion, she shares her journey from managing high-end STRs to transforming hotel properties. Kim emphasizes the importance of acknowledging knowledge gaps and fostering team collaboration. She highlights the unique design challenges and operational differences between short-term rentals and boutique hotels. With a community-driven approach, Kim reveals her strategies for creating curated guest experiences while navigating the evolving hospitality landscape.
47:53
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Quick takeaways
- Overcoming the fear of admitting knowledge gaps promotes personal growth and informed decision-making in hospitality ventures.
- Transitioning from short-term rentals to boutique hotels demands adaptability in operations and a focus on team management for success.
Deep dives
Embracing Learning and Ego Reduction
Many individuals face fear when it comes to admitting they lack understanding, which can hinder personal growth. Overcoming this fear requires a willingness to learn, even if it means recognizing areas of ignorance. The discussion emphasizes the importance of dropping one's ego and the attachment to specific outcomes, which can cloud decision-making and slow progress. A mindset focused on continuous improvement can lead to more informed choices and better opportunities.
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Discover
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