930: Behind the Deals: Dave Johnstone on Hotel Investments, Luxury Trends & Wild Stories
No Vacancy Live and No Vacancy News
Release Date: 02/12/2025
No Vacancy Live and No Vacancy News
The hospitality industry is facing a staffing crisis, but has a bold strategy to turn the tide. I’m at Remington’s annual Thrive Conference where I chatted with , Chief Human Resources Officer, to discuss innovative solutions that are redefining how hotels attract and retain top talent. 🔹 Key Takeaways: ✅ No-Cost Education for Employees – Remington offers free certifications, ESL courses, and career development, with over 150 participants in just two weeks since rolling out a new program. ✅ Reducing Turnover & Boosting Retention – A strategic focus on leadership training,...
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🚨 Get an exclusive inside look at the $1 BILLION Gaylord Pacific Resort & Convention Center as it nears its soft opening! 🚨 Join me as I chat with: 🔥 – Founder & CEO, MJS Hotels Consulting 🔥 – General Manager, Gaylord Pacific 👉 What You’ll Discover: 🏗️ 16 Years in the Making: How this massive project came to life 🎉 The Hiring Frenzy: 29,000 job applicants & the wildest job fair ever 🌊 Unmatched Resort Amenities: Five pools, waterfront views & a game-changing sports bar 🏨 1,600 Rooms & 89 Suites: Including presidential penthouses with...
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Today I chat with from at the ! From navigating economic uncertainty to seizing growth opportunities, this conversation is packed with insights for hotel pros. 🔹 What You’ll Learn: How IHG is adapting to government travel shifts 🔄 Why group & events business is a major bright spot ✨ Pricing pressure vs. guest experience – striking the right balance 💰 How emotional connections can justify premium rates ❤️ The future of leisure and business travel trends 🚀 Tune in for expert takes on the state of hospitality in 2025! 📩 Subscribe & Stay Updated: Text "HOTEL"...
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Step inside Le Meridien Fort Worth with Glenn Haussman and General Manager Chase Chasteen for an exclusive tour of this beautifully transformed historic building. From a 1928 auto garage to a modern luxury hotel, this property is packed with unique design, thoughtful touches, and a rich history you won’t want to miss. 🔥 What You’ll Discover: Historic Transformation – Learn how a 1928 parking garage became a stunning hotel while preserving its roots. Hidden Design Details – From custom Hermes artwork to Texas-inspired decor, every corner tells a story. Rooftop Lounge & Secret...
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Welcome to Friday Night Audit, the show that takes hotel industry networking, adds tequila, and lets the chaos unfold! This week, we’re hosting our first-ever Friday Night Audit Awards, where we recognize the most questionable achievements in our show’s history. 🏆 👀 What’s in this episode? 🍹 Worst Cocktail of the Year – A drink so bad, it deserves an intervention. 🎣 Best Remote Episode – Because fishing in NYC led to something legendary. 🤡 Glutton for Punishment Award – For that one guest who just won’t stop coming back. 🍌 Top Banana Moment – Who went...
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The hospitality investment world is a whirlwind, and no one knows it better than of Four Corners Advisors. In his 11th (!) appearance, we tackle the biggest mysteries in the industry today. Is money really coming off the sidelines? Are interest rates going anywhere? And what’s up with tariffs shaking up the market? 🤯 In This Episode: 🔥 Executive orders, lawsuits, and the chaos factor in hospitality 💵 Why everyone keeps saying there’s money on the sidelines—do we believe them? 🏨 The fate of PIPs, debt maturities, and refinancing struggles 📉 Are hoteliers finally hitting...
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Join No Vacancy Live host Glenn Haussman as he explores the magic behind adaptive reuse and hotel design with industry leaders (SVP of Design, Design) and (VP of Procurement, ). This episode uncovers how old structures—from historic mills to outdated hotels—are being turned into extraordinary hospitality experiences. 📌 What You’ll Discover in This Episode: The Art of Adaptive Reuse – How IIG Design transforms overlooked spaces into unforgettable hotels The Balladeer Hotel Story – A deep dive into revitalizing a historic textile mill in Mount Airy, NC Secrets of Hotel...
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Today’s a special one! I’m talking to Sam Bakhshandehpour, CEO of one of the most influential hotel restaurant companies, José Andrés Group. He shares insights on pricing, expansion strategies, and why restaurants inside hotels are thriving again. Plus: 🔹 Why upscale hotel dining is facing both growth and headwinds 🔹 The impact of rising food prices and how some restaurants are pricing themselves out 🔹 Why hotel restaurants are making a comeback as destination dining 🔹 The secret to balancing affordability, quality, and profitability in hospitality 🔹 How...
info_outlineNo Vacancy Live and No Vacancy News
Today’s a special one! I’m talking to , CEO of one of the most influential hotel restaurant companies, . He shares insights on pricing, expansion strategies, and why restaurants inside hotels are thriving again. Plus: 🔹 Why upscale hotel dining is facing both growth and headwinds 🔹 The impact of rising food prices and how some restaurants are pricing themselves out 🔹 Why hotel restaurants are making a comeback as destination dining 🔹 The secret to balancing affordability, quality, and profitability in hospitality 🔹 How partnerships with luxury hotel brands like...
info_outlineHotel deals don’t happen overnight, and today, we’re pulling back the curtain! 🏨💰
Join Glenn Haussman and Anthony Melchiorri as they sit down with David Johnstone, a hotel investment legend, to talk about:
✅ Hotel Investment Realities: Why development is stalling and where the real opportunities are.
✅ Luxury Boom: Why high-end hotels have more profit potential while mid-tier properties struggle.
✅ The $10,000 Martini Proposal: A story so wild, it made headlines.
✅ How to Succeed in Hospitality Real Estate: Dave’s top advice for young professionals.
✅ A Multi-Million Dollar Car Ride: How one bold move sealed a major hotel sale.
Plus, Anthony shares how one unexpected paycheck made him cry and why today’s hotel managers have less control than ever.
If you love the business of hotels, epic behind-the-scenes stories, and real talk about where the industry is heading, this episode is a must-watch!
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