ITV #190: Why Only 2% of Hotels Are Black-Owned… and How Davonne Reaves is Flipping the Game
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About this listen
She went from front desk agent… to managing $1 BILLION in hotel assets… to becoming one of the most powerful Black hotel owners in America. In this episode, we sit down with Devonne “Big Devonne” Reeves — founder of The Vonne Group, creator of Veester, and the woman single-handedly breaking open an industry that locked us out for over 100 years. She breaks down: • How she bought TWO hotels for $17.8M and sold for $22M • Why Black people spend $110B in travel but own less than 2% of hotels • How to buy your first hotel (even if you don’t have millions) • Why hotel ownership is a RADICAL act of freedom • How Veester helps ANYONE become a hotel investor • The exact steps to build generational wealth through commercial real estate This episode is a blueprint… and a wake-up call. If you believe in Black ownership, watch this twice.
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