In this conversation, Peter Fabor discusses his journey of buying a hotel in Portugal with expert David Kijlstra.
They brainstorm criteria for selecting properties, understanding the hotel broker market, analyzing performance metrics, and strategies for contacting potential sellers.
The discussion also delves into the importance of networking, identifying growth potential in locations, leveraging social media for marketing, and the challenges of selling mid-sized hotels.
The conversation concludes with insights on investment strategies and future steps in Peter's hotel buying journey.
Peter Fabor is a hospitality entrepreneur with 15+ years of experience building niche businesses across hotels, coliving, coworking, retreats, and hospitality tech. He is the founder of Surf Office, Buy That Hotel, Hotel Nuggets, and Pingotel. His work focuses on identifying underserved hospitality markets and building businesses around them.