Episode Details

Today we've got Russ Flicker, Co-Founder and Managing Partner of AWH Partners. He's got the latest scoop on hotel investments, asset management, and market trends. From uncovering off-market deals to navigating high-interest rate environments, Russ offers real talk about what's driving (and slowing) hospitality transactions today.

🔥 Highlights:
•    State of the Hospitality Market: Why some properties are thriving while others are struggling.
•    Investment Realities: Why high interest rates are forcing a shift from creative repositioning to focusing on cash-flowing assets.
•    Urban Market Insights: The challenges and opportunities in cities like New York, San Francisco, and Chicago.
•    Group vs. Transient Demand: Why group business growth is critical and how it impacts hotel profits.
•    Opportunities in Secondary Markets: Why deals in the $15M equity range can offer higher yields.
•    Technology and Data: How proprietary tech is giving AWH Partners a competitive edge in decision-making.

🎤 Bonus Insight: Russ and Glenn take a nostalgic trip down memory lane, discovering they both grew up just miles apart on Long Island!

💡 Key Takeaway: Discipline is key in today's challenging market. Stick to your metrics, stay patient, and be ready when the next opportunity arises.

🙏 Special Thanks to Our Advertiser: Actabl – giving you the power to profit! Visit Actabl.com to learn how tools like ProfitSword can help you make better business decisions.

📢 Don't Miss Out:
•    Subscribe and follow No Vacancy wherever you get your podcasts.
•    Share this episode with your network and stay ahead of hospitality trends!

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