Peter is documenting his journey to buy a small hotel in Portugal. He calls different experts to brainstorm the business model, how to find deals, financing, and much more. You can subscribe on Youtube.
Peter and David explore different business models, the importance of room count, location considerations, and the impact of climate data on property selection. The discussion also touches on the design of public spaces, the concept of white-label hotels, and the challenges of staffing in the hospitality industry.
Peter and David brainstormed criteria for selecting properties, understanding the hotel broker market, analyzing performance metrics, and strategies for contacting potential sellers.
I tried something different. After not finding good opportunities for hotels for sale, I decided to look at non-hospitality properties. I visited 2 large houses this weekend.
