All Forum Posts by: Cliff Benner

@Cliff Benner I have not! I will check those out and see what they are looking like! 

Really great!  

We converted to a self-service model a few months after we took over, which has substantially reduced the workload.  All the guest rooms have separate exterior entrances so we put keycode locks on those and guests get the code via text a day or two before they arrive.  And we discontinued the full service breakfast in favor of a grab-and-go breakfast bar in the foyer.  So we don't have guests in our living space anymore.

"Bed & breakfast" is maybe not the right descriptor now.  We call it a "boutique lodge" in our marketing.

The guest demographic has changed substantially too.  Before it was primarily retirees who were really looking for the social interaction with owners and other guests.  Now it's primarily young families with kids.  Also groups of 20-something snowboarders during ski season.

ADR and occupany *way* up vs. previous owners.

Tyler is awesome, but I'll say that his CRE course is a bit broader. covering more asset types and less specific into Flex development like Hamza

@Alex Yeater not sure if you got any follow ups on this, its been a while. not sure how far you are on your jorney. I ended up building one form zero and built 8 homes and the idea was to make them into a unitque venue. We are renting them on Airbnb and on our site as wedding but yes Airbnb does not have that option yet. They only cover your events if you have 16 guests or fewer. If you have more, they will not insure you. If you are still looking for options, let me know i'm in Canyon Lake Texas that's where my venue/airbnbs are.  

Hey @Cliff Benner, to be honest, I stumbled onto it on Zillow when doing some dream hunting. I like to set up filters like "waterfront, mountain views, 20+ acres" and then coast my way around the country haha. Anyway, I stumbled onto the listing and couldn't even tell what it was really. The listing was really poorly made, but I was able to tell it needed a look. Called the agent that day and drove 4 hours that week. Not sure if there's a lesson to be had there, but that's how I found it.

I'll say though that once you know what you're looking for and create an industry specific network, you start to find them with some frequency. I also highly recommend a boutique hotel mastermind. The one I'm with has been extremely helpful.