How I Bought My First Boutique Hotel and Where I See Opportunity Over the Next 18 Months | E6
The Rich Somers Report
Efficient Operations Lead to Success in Hotel Deals
Success in hotel deals requires underwriting multiple deals to find the right one. Operating efficiently with a well-structured team, including a management company, VAs for guest communication, dedicated housekeeping and maintenance crews, and effective marketing platforms, ensures a strong foundation for success. Launching a direct booking website further enhances marketing strategies and secures direct bookings, highlighting the importance of having the right team and infrastructure in place.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
