How To Build A Hotel Business | How Much They Cost, How To Run It, Finding partners

Рет қаралды 38,311

Күн бұрын

As a 33-year-old, today’s guest purchased a Hilton hotel. Until I met Davonne, I had never thought of purchasing a hotel as a business or even as an investment. You’ve probably guessed that she is in the minority as less than 1% of hotel owners are black women. Davonne started her career working at the front desk of a Hyatt hotel at night while she interned for and eventually worked for a hotel investment group. Fast forward to today, she is a hotel consultant and investor on a mission to teach other black women how they enter the hotel industry.
Full audio episode and show notes: bit.ly/Ep157-Hotel_Business
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Пікірлер: 62

@ccb6013 Жыл бұрын

I love how she said all the people knows own hotels 💜 I'm striving towards being in a position where all of my associates are doing similarly big things.

@corrinvestors3303 Жыл бұрын

Music Is kind of to loud

@scl242 Жыл бұрын

You’ve earned a new subscriber. Im a hotelier and your questions were on point. Amazing job extracting useful information

@sheilalucy2238 2 жыл бұрын

So interesting...Great Content! Looking forward to Davonne's book release!

@MrVee24 Жыл бұрын

I've been in this industry 7 years.its not the glamour everyone wants it to be. More power to you - warrior lady.

@animeworld123 Ай бұрын

Hii is managing this industry business complicated or not because I am also planning to start a restaurant

@Unpopularopinionsbyme 2 жыл бұрын

I think you’re doing great! Keep it up. I’m newly subscribed, and I look forward to learning all I can so that I too can be a successful entrepreneur of some sorts.

@Kyngfitness1578 11 ай бұрын

Very informative, thanks!!

@ematrix444 Жыл бұрын

You did an amazing job asking questions, you got the best answer I have seen from her other interview.

@ShesOffScript Жыл бұрын

I appreciate it Estrella!

@ameyaspikes6732 2 жыл бұрын

You was asking all the great questions I wanted to know! You picked the perfect guess I’m definitely subscribing and checking her out!

@Jerrymc1975 5 ай бұрын

She’s sharing her confidence in the market. She’s not full of herself.

@ilovemycultureusa Жыл бұрын

Wow glad I found you!

@kimberlyaddison1410 Жыл бұрын

Awesome video! New subscriber on ALL platforms!

@ShesOffScript Жыл бұрын

Thanks Kimberly! Welcome🙌🏾

@jamescc2010 Жыл бұрын

How profitable for small hotels especially during recession? For Indian hotel owners imo, The good thing is that they can live and work there or the families can live in the especially small hotels, and of course they can rent the rooms out for guests.So it gives them living quarters and then the business side of it. It makes it easier and more financial sense for them. Also, Indians are big on gas stations and mini markets, especially in the rural areas. Rural area properties are cheaper to buy, but most people do not want to live there so they have some sacrifice. Wealth is created by being owners of assets and businesses.

@coulsonjackson Жыл бұрын

I live in London but I want to open a boutique hotel in Spain and a section where converted vans can be rented and people can go around camping.

@KentsKeys_e2e Жыл бұрын

Thanks!

@ShesOffScript Жыл бұрын

I appreciate your support Kent!

@Ricocase 11 ай бұрын

'Owned' via syndication (limited partner) isn't the same as actually owning and operating as a general partner. It's an investment, not authentic ownership. Technically, 'own' can also be 1 or 100%.

@nikkifaith8894 6 ай бұрын

That's true

@RespectTheConglomerate Жыл бұрын

This was great!

@temitopeowoyombo2708 Жыл бұрын

Great questions and nice responses... how do we get in contact with her, if we want to intern

@Msangel06 Жыл бұрын

I’m interested. I don’t know many people. If you raise capital from people for example, do they become partners until you pay them back? How much do you have to pay them back? Are there any problems that come up paying investors back?

@yaji5270 Жыл бұрын

what is the TV show ?

@ryankeenan351 Жыл бұрын

Can you use a sba loan at 10% down?

@KrystalHarrell 2 жыл бұрын

Great episode. The intro music is distracting and loud. It drowns out your voice and the information you’re sharing, especially being that you have a quality mic.

@1realtruthrightnow742 Жыл бұрын

I almost turned it off because of it

@alexander1982miller 2 ай бұрын

Must have a clean hotel, and fairly priced

@pastorprophetssnichole9832 Жыл бұрын

So where did you get the money

@switchlite44 Жыл бұрын

This woman had opportunities handed while I give her appraisal for her success this is still far leagues behind in terms of information that she can provide to us

@1realtruthrightnow742 Жыл бұрын

I intently listened to this, and learned nothing.

@rosegold.sunset4749 Жыл бұрын

She doesn't seem like an expert on this topic at all or else it would be clearly explained. I hate word salads!

@switchlite44 Жыл бұрын

She would make a great individual for the pyramid scheme business

@switchlite44 Жыл бұрын

@@rosegold.sunset4749j

@rosegold.sunset4749 Жыл бұрын

the intro music is too loud

@Cosignedmylife Жыл бұрын

You asked all the right questions!!! But I do not like how she was talking around your questions without trying to actually help people. Shes extremely discouraging and makes it seem extremely hard to get in. 😩🤦🏽‍♀️

@1realtruthrightnow742 Жыл бұрын

Glad someone else caught that. Never answered any questions directly

@icemelts-yw6lb 2 жыл бұрын

12:54

@sherelleharmony6039 Жыл бұрын

After the first question I felt to log off, she’s taking farrr too long to get the point. Like girl just answer the question 😫. Then by the second it’s like she gives you pieces just enough to make you go and buy her book or courses- not feeling her at all, switched off.

@steve293 3 ай бұрын

Ask yourself if you're really going to take in advice from someone who says that 2008 wasnt "really a crash". Perhaps she assumes that the entire world would timetravel and have to physically stand in souplines for us to finally say 'folks its a crash!'.

@corrinvestors3303 Жыл бұрын

Interesting ..

@_eatyourveggies 2 жыл бұрын

Glasses 🤓 is full of herself, but there’s gold amongst the verbal litter. Also, she shouldn’t be discouraging folks who want to start their own hotel 🏨. It just may work! Overall, Great podcast 👍🏾⭐️🏆!!

@yusufbarey6458 Жыл бұрын

She is a wonderful and lively person. Great and cheerful personality. May God Bless her.

@urb-brand5444 Жыл бұрын

Wrong!

@1realtruthrightnow742 Жыл бұрын

Correct!

@alfordelliott6943 5 ай бұрын

She is confident. That happens when you're good at something. Stop being insecure

@janariahtaylor8012 Ай бұрын

Feel like she was still gatekeeping and telling us to read her book and her course like she keeps talking around the answer to the question asked

@sail2temporary 6 ай бұрын

Great video thanks. But the intro music is kind of annoying. It's too loud. Not trying to be mean or rude at all. Just my opinion so you can slightly improve your channel. :)

@igorschimidt1985 Жыл бұрын

It's weird how most of the time her answers seemed quite superficial and evasive, generic, almost as if she couldn't be more specific and more helpful. The questions however were spot on!

@kingdomofshammah4234 3 ай бұрын

She don't know how to fucken talk.

@isatoubojang632 Жыл бұрын

I have a very nice pices of land am looking for partnership to build a hotel with you

@madeitstick Жыл бұрын

She did not answer your questions. It is always a beginning and end. So she could have gave you a ball park number. She not good with answering questions on interview. #madeitstick

@ShanteenVWM 9 ай бұрын

I have Cacun Resort Deal waiting for you and your partners to become the new owners. Now asking price $325MM and Seller Finance available.

@joycepowell Жыл бұрын

she is bouncing all around the questions... she seems so uncertain of her own business.

@ericsparks6276 Жыл бұрын

Not many white women owned hotels either is mainly white men and Indian families she didn't put that in there

@bibisanchez6041 Жыл бұрын

Too many ads. Subscribed and unsubscribed. You asked good questions though. ❤

@rockymartin4966 2 жыл бұрын

You all are trying to a good job. But You video is toooooooooo longgggggg.🇮🇳 🙈 🤣.

@felixpropertymanagement7342 Жыл бұрын

If I had a group "white hotel investors" would that be ok? She sounds great but c'mon

@nataliewalters2759 Жыл бұрын

Most white people come from families that know about investing. Black people are just learning about it with in the past couples of decades. We are trying to help our own people since many of us were kept out of the know for building actual wealth , which was on purpose. Jewish communities and Asian communities do the same with building up their communities . White people too forever . Us black people are trying to learn and teach our own as well.

@felixpropertymanagement7342 Жыл бұрын

@nataliewalters2759 many of us younger White's don't see color like that. Good people are good people. I enjoy and would work with anyone looking to advance