Training Your Brain To Go Bigger
While cruising through Europe, I realized I was seeing things a little differently.
The views were beautiful, of course. But what was catching my attention more and more was the hotels.
From the balcony of our cruise ship in Norway, I spotted a gorgeous boutique hotel. I fell in love with it. It was stunning!
After doing a little digging, I found another thing I loved about it. It only has 41 doors, which for me is a really attractive, easier-to-manage, size business.
A few years ago, I would have thought, “What a cool hotel." And moved on.
Now, I’m thinking, “What’s their annual revenue?”
(With an average nightly rate of $300 it has the potential to bring in $12,300 in daily revenue. At 70% occupancy, that’s $3.1 Million a year!)
Before I would’ve looked at this property only as a tourist. Not as an investor.
Sub-consciously my brain was limiting possibility and telling me, "Investing in a hotel is way out of my league.”
Today, I see these kinds of opportunities everywhere. And it’s not because I’m bringing in more money than I used to.
It’s because I started thinking bigger.
That shift in mindset trained my brain to be open to bigger deals. And that’s what opened the door to hotel investing.
I had been doing short-term rentals not knowing that would be my bridge to boutique hotels.
And definitely not knowing it would eventually lead to launching Hotel Investor Academy, which helps both new and experienced investors step into their first hotel deals (many for less than the price of a duplex in a major city).
With our blueprint, you don’t need a hospitality background, deep pockets, or even to run the property yourself.
If the idea of investing in hotels, especially in another country, feels intimidating, I get it. I was right there too.
But once I began to think bigger and learned how it works, I realized it’s a lot more doable than I thought.
