Masters of Moments
Building a Portfolio of Trophy Hotel Assets - Mark Brugger - CEO of DiamondRock Hospitality
Mar 13, 2024
Exploring Mark Brugger's journey in hotel real estate investing, learning from Marriott, transitioning to leisure assets, challenges of remote acquisitions, and the significance of off-market transactions in the hospitality industry.
01:12:43
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Quick takeaways
- Importance of relationships in hospitality industry highlighted by Mark Brueger of Diamond Rock Hospitality.
- Diversification of operations by Worsack Hotel Group through third-party management program for other owners.
Deep dives
Unique Deal Rewards Program at Dove Hill Capital Management
Dove Hill Capital Management introduced a distinctive deal rewards program aimed at incentivizing individuals to bring off-market deals to the company. The program offers industry-leading incentives and opportunities for co-investment to facilitate deal closures. This innovative approach has enabled Dove Hill to secure a significant portion of its deals off-market or with limited marketing exposure, providing a competitive advantage in deal sourcing and execution.
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