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Episode 30: Secrets Behind Florida’s Booming Real Estate!
06/11/2025
Episode 30: Secrets Behind Florida’s Booming Real Estate!
Welcome back to Real Sense Now — I’m your host, Dawood Bedrosian. Today’s guest is at the forefront of a hospitality revolution. Join us as we explore the intersection of real estate business and travel industry with Nick Falcone, diving into hotelier insights. Discover the latest travel trends and the impact of property management on the hospitality performance. Learn how these factors shape the future of tourism industry. Meet Nick Falcone, founder and Managing Principal of NDM Hospitality and Rentyl Resorts. Since launching in 2011, Nick has redefined how we travel, invest, dine, and live. He began by acquiring the BurgerFi franchise rights in Dade County, quickly becoming franchisee and operator of the year—and scaling to seven locations in Florida. In 2015, Nick launched Rentyl Resorts, creating the world’s first branded single‑family home resorts—starting with Encore Resort at Reunion. Today, Rentyl manages nearly 100 properties and 11,000+ units globally, partnering with global powerhouses like Marriott Homes & Villas, The Walt Disney Travel Company, Margaritaville, and more. From mastering tech‑enabled hospitality to cultivating a “Win from Within” culture in a 700+ person organization, Nick is reshaping travel from the ground up. And behind it all? Family—working alongside brothers Dan and Matt to build a multi-industry legacy. Beyond business, Nick’s life is centered on family—his wife Jaclyn, four children, and hometown pride for Florida State and the Miami Dolphins . This episode is your masterclass in hospitality innovation, brand partnerships, real estate strategy, tech integration—and living well. Let’s dive in. Chapters: 00:00:10 Introduction to Nick Falcone and NDM Hospitality Services 00:01:52 Early Vision of NMD and Consistency in Core Values 00:03:57 Family Influence and the Drive to Create a Unique Path 00:06:12 Solving a Problem and Creating Full-Service Residential Resorts 00:10:36 Disrupting the Airbnb Model and Enhancing the Holiday Experience 00:14:43 Biggest Bet and Dominating the Vacation Rental Market 00:16:16 Leadership Style and Creating a Roadmap for Success 00:18:39 Mindset Shifts from Operator to Empire Builder 00:21:48 Inspiration for Branded Single-Family Short-Term Vacation Home Resort 00:25:54 Convincing Legacy Hospitality Brands to Embrace a New Model 00:27:31 Adding a Convention Center and Debunking Corporate Group Myths 00:29:35 Future of Travel and the Demand for Branded Residential Resorts 00:31:58 Balancing Brand Consistency with Local Authenticity 00:34:39 Vacation Rentals as a Good Buy in Today's Market 00:43:57 Resale vs. New Home Purchase 00:46:45 Technology Enhancing the Human Side of Hospitality 00:51:33 Exciting Tools and Innovations in the Next 12-24 Months 01:21:31 Rapid Fire Round: Love Language, Best and Worst Advice, Habits, and More
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