Even through covid, some hotels have performed well, especially ones with great locations, like being near a busy highway. Ecommerce kept truckers on the roads and they needed places to stay. The same thing applied to traveling sports teams and other groups who continued to travel as part of their lifestyle.
Today’s guest, Mike Stohler, Managing Partner of Gateway Private Equity Group, transitioned out of multifamily in Phoenix back in 2017 into hotels and has been building a successful hotel portfolio since then. Mike is starting a hotel fund that will capitalize on the opportunities that will present themselves in this industry over the next few years.
Learn more at https://www.streetsmartsuccess.com