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The Co-Host Bros
31 - Resturants, STR's and Hotels oh my! w/Rashmi Bhat
Oct 9, 2024
Rashmi Bhat, a rockstar entrepreneur with a history in restaurants, short-term rentals, and hotels, shares her impressive journey in hospitality. She discusses mastering delegation and fostering a collaborative team environment. Rashmi also highlights her innovative approach to transforming hotels into modern short-term rentals through strategic partnerships. Additionally, she emphasizes the significance of authenticity in the digital age and the importance of mentorship and community support in achieving entrepreneurial success.
58:27
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Quick takeaways
- Rashmi Bhat's transition from restaurants to managing a portfolio of short-term rentals and hotels illustrates the importance of adaptability in entrepreneurship.
- The significance of delegation in Rashmi's business growth highlights how empowering staff through training can enhance both operations and customer satisfaction.
Deep dives
Rashmi Bhatt's Journey into Short-term Rentals
Rashmi Bhatt transitioned from the restaurant business to real estate investing, starting her journey in 2020. Initially, she and her husband sought to purchase long-term rentals but quickly realized the minimal financial returns they offered. This led them to invest in an Airbnb property, which faced unexpected renovation challenges and costs. Despite setbacks, Rashmi's determination and adaptability allowed her to grow her portfolio to managing 50 short-term rental units and 90 hotel doors.
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