Grab your copy of the “Unlocking Hospitality Success: 25 Must-Know Insights for Independent Hotel Owners” PDF.
https://keystonehpd.com/the-hotelier-helpcast-pdf/

Should You Build or Buy Your First Hotel? | Episode 076 – Beds, Breakfast & Business

In Episode 076 of Beds, Breakfast & Business, we tackle one of the biggest decisions a new hotelier will face: build or buy your first hotel? This isn’t just about square footage—it’s about strategy, lifestyle, control, and timing.

🎙️ I break down the real-world pros and cons of each option, from construction delays and creative freedom to fast-track cash flow and fixer-upper surprises.

You’ll learn how to assess which path makes the most sense for your location, target guest, and financial plan—and you’ll hear stories from other hotel owners who’ve taken both routes.

Whether you're planning a luxury resort, historic inn revival, or budget-friendly motel reboot, this episode is packed with actionable advice and personality to match.

📌 Episode Timeline:
00:00 – Introduction: Build vs Buy, a lifestyle decision
01:25 – Building your hotel: control, costs, and challenges
03:58 – Buying an existing property: speed, surprises & second chances
06:10 – Budget breakdowns: what it really costs
08:15 – Time-to-launch realities
09:55 – Design freedom vs legacy renovation
11:20 – Walkarounds: why visiting the site can save you thousands
13:10 – Key takeaways + course mention

🎓 Get the full decision-making toolkit in The Hotel Owner’s Roadmap: Start, Manage & Grow – https://courses.keystonehospitalitydevelopment.com/course/the-hotel-owners-roadmap-start-manage-grow/

💬 QUESTION: What’s your biggest fear about building or buying a hotel? Let’s talk in the comments.

#Building a hotel #Buying a hotel #HotelOwnership #BuildOrBuy #HotelInvestment #HospitalityBusiness #HotelManagement #HotelStartup #IndependentHotelier #HotelConstruction #HotelRenovation #HospitalityTech

⇒ TO READ OR LISTEN TO THIS EPISODE ON KEYSTONE HOSPITALITY PROPERTY DEVELOPMENT:
https://hotelierhelpcast.com/2025/06/how-to-decide-between-building-or-buying-your-first-hotel-076

Grab your copy of the free “Your Independent Hotel Blueprint”.
https://hotelierhelpcast.com/hotelier-helpcast-pdf-download

Join one of our groups
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Say hi on social
https://www.facebook.com/groups/thehotelierhelpcast

LinkedIn: https://www.linkedin.com/groups/8811511/

Listen to The Hospitality Property School PODCAST here
https://hotelierhelpcast.com/HotelierHelpcastPodcast

YouTube
https://www.youtube.com/ @TheHotelierHelpcast

A Division of Keystone Hospitality Property Development

Grab your copy of the “Unlocking Hospitality Success: 25 Must-Know Insights for Independent Hotel Owners” PDF.
https://keystonehpd.com/the-hotelier-helpcast-pdf/

How to Craft a Hotel Business Plan That Attracts Investors | Episode 075 – Beds, Breakfast & Business

Episode 075 of Beds, Breakfast & Business is for every aspiring hotel owner staring at a blank Word doc wondering, “How do I write a hotel business plan that actually works?”

In this episode, I’m walking you through how to create a clear, compelling business plan that showcases your hotel’s unique value—and grabs investor attention. You’ll learn how to define your concept with confidence, use realistic financials, avoid generic fluff, and design a plan that inspires trust from partners, lenders, and future you.

This isn’t a corporate template you download and forget. It’s a working document that helps you launch smarter, market better, and avoid costly missteps.

📌 Episode Timeline:
00:00 – Introduction: Why your plan matters more than ever
01:20 – Concept clarity: ditching the clichés
03:10 – Market research tips that actually matter
05:00 – Target guest profiling made simple
06:55 – Financials: how to forecast without fantasy
09:15 – Operations: planning for who’s doing what
11:10 – Marketing strategy: beyond “just social media"
13:00 – What to cut: fluff, filler, and fake numbers
14:20 – Final tips + free course mention

🎯 Want step-by-step guidance with templates and tools? Get The Hotel Owner’s Roadmap: Start, Manage & Grow here → https://courses.keystonehospitalitydevelopment.com/course/the-hotel-owners-roadmap-start-manage-grow/

💬 What’s one smart (or surprising) thing you’ve added to your business plan? Share it in the comments—I’d love to know!

💬 Don’t forget to share your biggest non-negotiable in your hotel concept. I read every comment!

#HotelBusinessPlan #IndependentHotelier #HospitalityStrategy #HotelStartup #HotelMarketing #HotelFinancialPlanning #BoutiqueHotel #HotelOperations #HospitalityManagement #HotelSuccess

⇒ TO READ OR LISTEN TO THIS EPISODE ON KEYSTONE HOSPITALITY PROPERTY DEVELOPMENT:
https://hotelierhelpcast.com/2025/05/how-to-craft-a-hotel-business-plan-that-attracts-investors-75

Grab your copy of the free “Your Independent Hotel Blueprint”.
https://hotelierhelpcast.com/hotelier-helpcast-pdf-download

Join one of our groups
Facebook
LinkedIn

Say hi on social
https://www.facebook.com/groups/thehotelierhelpcast

LinkedIn: https://www.linkedin.com/groups/8811511/

Listen to The Hospitality Property School PODCAST here
https://hotelierhelpcast.com/HotelierHelpcastPodcast

YouTube
https://www.youtube.com/ @TheHotelierHelpcast

A Division of Keystone Hospitality Property Development

Grab your copy of the “Unlocking Hospitality Success: 25 Must-Know Insights for Independent Hotel Owners” PDF.
https://keystonehpd.com/the-hotelier-helpcast-pdf/

How to Choose a Hotel Concept That Matches You | Episode 074 – Beds, Breakfast & Business

Welcome to episode 074 of Beds, Breakfast & Business, where we dive into the heart of what makes a successful independent hotel: a concept that fits you.

Have you ever wondered if your dream hotel idea aligns with your personal strengths, passions, and budget? In this episode, Gerry MacPherson explores why choosing the right hotel concept isn’t just a creative exercise—it’s a strategic decision that impacts guest satisfaction, profitability, and your sanity as an owner.

🧭 Whether you're a future boutique hotel owner or transitioning from another hospitality business, this episode delivers smart, practical advice grounded in real stories from the field.

Episode Breakdown:
00:00 – Introduction: Your concept = your foundation
01:20 – The power of leaning into your strengths
03:35 – The danger of trying to be everything to everyone
05:52 – Defining your vision with 4 key questions
07:40 – Finding a market gap in your location
09:50 – Aligning your dream with your budget and team
11:40 – Why consistency is your secret weapon
13:00 – Final thoughts + bonus course mention

🎓 Ready to refine your concept and launch with clarity? Enrol in The Hotel Owner’s Roadmap: Start, Manage & Grow: https://courses.keystonehospitalitydevelopment.com/course/the-hotel-owners-roadmap-start-manage-grow/

💬 Don’t forget to share your biggest non-negotiable in your hotel concept. I read every comment!

#HotelConcept #hotelconceptdevelopment #hospitalitybranding #boutiquehotelowners #hotelstartupguide #independenthoteliers #guestexperiencegoals #hoteltips2025 #hospitalityleadership #hotelvision #hotelbusinesssuccess

⇒ TO READ OR LISTEN TO THIS EPISODE ON KEYSTONE HOSPITALITY PROPERTY DEVELOPMENT:
https://hotelierhelpcast.com/2025/05/how-to-choose-a-hotel-concept-that-matches-you-074

Grab your copy of the free “Your Independent Hotel Blueprint”.
https://hotelierhelpcast.com/hotelier-helpcast-pdf-download

Join one of our groups
Facebook
LinkedIn

Say hi on social
https://www.facebook.com/groups/thehotelierhelpcast

LinkedIn: https://www.linkedin.com/groups/8811511/

Listen to The Hospitality Property School PODCAST here
https://hotelierhelpcast.com/HotelierHelpcastPodcast

YouTube
https://www.youtube.com/ @TheHotelierHelpcast

A Division of Keystone Hospitality Property Development