The $400 Million Hostel Brand with Michael Russell and Nathan St Cyr

Ready to scale your short-term rental or hostel business to new heights? In this episode, we’re uncovering proven strategies for building a $400 million hospitality brand, creating exceptional guest experiences, hiring and leading top-tier teams, and navigating zoning regulations for growth. Listen now and learn how to turn bold visions into reality!

02:25 - Scaling Hostels with a $400 Million Vision
04:29 - Leveraging Partnerships for Rapid Expansion
06:09 - Spotting Hidden Opportunities in Hospitality Markets
08:14 - Creating Systems and Processes for Seamless Scaling
09:03 - Winning Awards by Prioritizing Unreasonable Hospitality
10:40 - Building Culture and Hiring for Excellence
13:09 - Overcoming Fear and Failure to Unlock Growth
15:00 - Strengthening Teams Through Strategic Alignment
17:15 - Achieving Long-Term Success with Complementary Skill Sets
18:54 - Crafting Exceptional Guest Experiences Through Staffing
20:23 - Investing in Community-Centric Hospitality Models
22:53 - Understanding Zoning Regulations for Expansion
24:09 - Positioning Hostels as Solutions for Local Markets
26:36 - Driving Economic Impact Through Thoughtful Hospitality
27:05 - Manifesting Big Goals with Clear Focus and Execution
28:55 - Growing Sustainably While Staying Passionate
29:46 - Expanding into New Markets and Property Types
30:00 - Final Advice: Aligning Teams and Empowering Leaders
30:18 - Unlocking Success Through Leadership and Collaboration

Guest Bio:
Michael Russell and Nathan St Cyr are the founders of Malama Capital and hosts of The Hotel Investor Playbook podcast.

Guest Link:

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