Use Passive Hotel Investments to Diversify Your Portfolio
Portfolio construction is a very personal task, but diversification is one of the universally accepted principles to provide long-term sustainability. Passive hotel investments provide a variety of benefits as part of that well-balanced diet. Hotel investing presents...
Lead Your Team Fearlessly from Afar
There are nearly four million remote workers in the United States. Some of these are employees that utilize a home office while others are freelancers. Although this number only represents a very small percentage of all professionals, as new technology gets better and...
Protecting Your Small Business From COVID-19 Setbacks
The COVID-19 pandemic has had major ramifications on every part of our lives. Although we’ve tried to carve out a new normal, the fact of the matter is many industries are still suffering. The hospitality world has been at particular risk. After all, travel is at the...
6 Ways the Right Property Management System Can Help Increase Your Hotel Revenue
If you run a hotel, you need a property management system (PMS) in place. The PMS is a software platform that enables you to manage your hotel more efficiently by streamlining the various operational processes. Most of the front-office tasks will become simpler and...
How Does Travel Get Back to Business?
We don’t go back to “normal” from here… only back to business. Our culture is fundamentally different after weeks in social distancing and work-from-home arrangements. Massive layoffs and furloughs at a pace and scale we never experienced in the modern era compound...
10 Reasons to Invest in Hotels
A hotel is an operating business with a real estate component. It derives much of its value from the proven ability to generate and the potential to increase income. In fact, the hotel’s operational nature is one of the primary reasons to invest in hotels. Hotel...
Start Investing in Real Estate Immediately
“What are the 3-10 things that I can do to start investing in real estate immediately?” Josiah asked. Answering this question was fun, and after that, I saw the same question pop up in different ways all over my life. Real estate investing is a simple business, but...
How to Impact Culture
Culture impacts your business more than you want to admit. It sets the tone for daily employee activity and resonates through every stakeholder interaction. Many hotel owners and managers believe that they can shape culture through new policies and procedures, but...