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Ep 256 - Why 95% of STR Deals Fail—and the 10 Hospitality Rules That Make the Rest Win

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Manage episode 502353100 series 3315316
Content provided by MICHAEL SJOGREN. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MICHAEL SJOGREN or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most STR deals fail before they even start—95% don’t pencil out.

But the ones that work? They’re powered by more than numbers.

In this episode, we break down both sides of the equation: finding deals that actually perform and delivering hospitality that scales profit.

• 10-point hospitality playbook

• Why 95% of STR deals never make sense on paper

• The creative edge investors need to make deals work

• Why service ≠ hospitality (and why guests feel the difference)

• How to balance ROI with guest delight and repeat bookings

00:03:56 – Service vs. Hospitality

00:06:11 – Setting Higher Financial Targets

00:08:09 – Guest Experience at Every Stay

00:15:12 – Building a Hospitality-Driven Team

00:16:23 – Guest-Centric Business Model

00:17:17 – Scaling Means Scaling Leadership

00:20:27 – The Roots of Modern Hospitality

00:22:52 – Designing Emotional Guest Checkpoints

Get FREE Access to our Community and Weekly Trainings:

http://group.strsecrets.com/

  continue reading

311 episodes

Artwork
iconShare
 
Manage episode 502353100 series 3315316
Content provided by MICHAEL SJOGREN. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MICHAEL SJOGREN or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most STR deals fail before they even start—95% don’t pencil out.

But the ones that work? They’re powered by more than numbers.

In this episode, we break down both sides of the equation: finding deals that actually perform and delivering hospitality that scales profit.

• 10-point hospitality playbook

• Why 95% of STR deals never make sense on paper

• The creative edge investors need to make deals work

• Why service ≠ hospitality (and why guests feel the difference)

• How to balance ROI with guest delight and repeat bookings

00:03:56 – Service vs. Hospitality

00:06:11 – Setting Higher Financial Targets

00:08:09 – Guest Experience at Every Stay

00:15:12 – Building a Hospitality-Driven Team

00:16:23 – Guest-Centric Business Model

00:17:17 – Scaling Means Scaling Leadership

00:20:27 – The Roots of Modern Hospitality

00:22:52 – Designing Emotional Guest Checkpoints

Get FREE Access to our Community and Weekly Trainings:

http://group.strsecrets.com/

  continue reading

311 episodes

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