Radical Hospitality Show
Welcome to the Radical Hospitality Show where we dive into a fascinating blend of business expertise and genuine compansion in hospitality. Whether you're a seasoned hospitality expert or a budding entrepreneur, our show is for you.
We dive deep into the world of architecture, development, and hospitality, exploring the unique challenges and opportunities that arise when creating exceptional experiences. Join us as we interview fascinating guests who share their insights, stories, and practical advice.
Tune in for inspiring conversations, actionable tips, and a fresh perspective on the hospitality industry.
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Radical Hospitality Show
Building a $400M Hostel Empire: From Airbnb to Hawaiian Hostels
After a chance encounter with a real estate agent, Michael Russell and Nathan St Cyr run two of the highest ranked hostels on the Hawaiian islands. After owning multiple Air BNB short-term rentals, they decided to transition into the big leagues - building out a team and infrastructure to scale their currently $30M portfolio in Hawaii a $400M hostel empire across the US.
To learn more about their real estate playbook, see their accountability tool here: https://www.hotelinvestorplaybook.com/p/accountability-tool/
00:00:00:00 - Welcome and Introduction
Nathan and Michael's journey from real estate investors to hostel operators. The unique $30 million portfolio they’ve built and their ambitious goal to grow a $400 million hospitality company.
00:00:55:14 - Hostel Transformation – $800K to $8M
How they turned an $800K hostel purchase into an $8M valuation through strategic planning during the COVID-19 downturn and leveraging timing and opportunities.
00:06:06:01 - Building the Perfect Partnership
Insights into the complementary roles within their partnership. Nathan’s visionary leadership paired with Michael’s operational expertise, and how that synergy helps them scale effectively.
00:39:36:14 - Designing Hostels for Community and Experience
How intentional design fosters guest interaction and enhances the hostel experience, with examples like smaller kitchens and centralized common areas to encourage socialization.
00:47:00:08 - Scaling Hospitality with Passion and Strategy
Their reflections on the growing demand for community-driven experiences, lessons from the unique stays event, and the future of experiential lodging.
Connect with Zeke Freeman:
Instagram: @zekefreeman_rootarchitecture and @rootarchitecture
YouTube: @rootarchitecture
Facebook: @RootArchitectureandDevelopment
LinkedIn: Zeke Freeman
X/Twitter: @zfreemanroot
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