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Masters of Moments

Masters of Moments

Business:Investing

Balancing Tradition and Innovation: Modernizing Family-Run Hotels - Mahavir Patel - President & CEO - Aatmos

Balancing Tradition and Innovation: Modernizing Family-Run Hotels - Mahavir Patel - President & CEO - Aatmos

2024-09-11
Download Right click and do "save link as"

Mahavir Patel is President & CEO of Aatmos, which focuses on investing in communities with growing demand and limited supply, investing in capital and culture. They partner with Marriott, Hilton, and IHG, as well as some of the most provocative creatives and curators in the country. 


Links:

Aatmos

Mahavir on LinkedIn


Connect & Invest with Jake:

Follow Jake on Twitter: https://twitter.com/jwurzak

Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/

Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo


Topics:

(00:00:00) - Intro

(00:02:42) - Managing a lifestyle hotel with Marriott

(00:19:08) - Differences between Mom & Pop style hotels vs. major brands

(00:12:51) - The clash between old-school and new-school hospitality

(00:16:01) - What do most people underestimate about hospitality?

(00:19:55) - Converting a motel into a lifestyle hotel

(00:32:25) - What did you miss in this project?

(00:39:33) - F&B

(00:44:12) - What are you doing less of as you do these conversions?

(00:47:57) - The inspiration of Blackberry Farm

(00:52:04) - How do you make your sub-100-key hotels profitable?

(00:57:47) - The inn-keeper concept

(01:07:41) - Where do you want to be in 5 years?

(01:08:49) - What’s your favorite hotel?

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