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The Hotel Investor Playbook

The Hotel Investor Playbook

By: Michael Russell & Nathan St Cyr
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Welcome to The Hotel Investor Playbook, hosted by real estate investors and hospitality experts Michael Russell and Nathan St Cyr. As the founders of Malama Capital and Howzit Hostels, Michael and Nathan have a wealth of experience in owning and operating boutique hotels, hostels, and other experiential lodging properties. With over $30 million in real estate investments, including short-term rentals, long-term rentals, commercial retail, and hospitality properties, they bring a unique perspective on how to turn passion-driven investments into financial freedom.

In this podcast, they share their roadmap for transitioning from traditional real estate investments to boutique hotels, offering listeners the insights and strategies needed to succeed in this niche market. Whether you're looking to learn about identifying the right property, managing operations, or understanding the financial complexities of boutique hotel ownership, The Hotel Investor Playbook has you covered.

Join Michael and Nathan each week as they document their journey towards building a $400 million real estate-based business and bring you along for the ride. Subscribe now and start turning your real estate investment dreams into reality.



© 2025 The Hotel Investor Playbook
Economics Personal Finance
Episodes
  • Why Most Investors Never Buy Their First Hotel (And How You Actually Can) | Brian Resendez E63
    Dec 23 2025

    Why do so many people dream about buying a hotel but never actually close one?

    In this episode, Michael sits down with Brian Resendez, CEO of SVN Northwest Hotel Advisors.

    Brian has been involved in hundreds of hotel transactions across the Pacific Northwest and brings rare insight into what separates buyers who close deals from buyers who stall out.

    You will learn:
    • The real reasons most buyers never get their first deal
    • How successful investors overcome fear, uncertainty, and inexperience
    • Why third-party management opens the door to bigger and better hotels
    • What it takes to build the right team before you buy
    • Why larger assets often perform better and are easier to operate

    If you want a real look into how hotel investing actually works, this episode will give you the perspective and confidence to keep going.

    Follow and share the Hotel Investor Playbook so more people can learn how to invest in hospitality assets the right way.

    About Brian

    Brian Resendez is the Senior Vice President of Hotels at SVN | Bluestone & Hockley, specializing in hospitality brokerage and land acquisition across Oregon, Washington, and Idaho. With a diverse background spanning hotel operations for brands like Westin and Doubletree, commercial finance, and real estate, he offers a holistic perspective on complex transactions that goes far beyond typical brokerage. Brian recently closed a record-breaking 26 hotels in a single year, pioneering innovative hotel-to-housing conversions through Project TurnKey and actively advocating for diverse ownership as a Board Member of the Latino Hotel Association. He is dedicated to serving owner-operators in the $2 million to $20 million asset class, focusing on long-term relationships and operational fundamentals over simple transaction volume.

    Connect with Brian

    Connect with Brian on LinkedIn or by email at brian.resedez@svn.com.

    Visit their website: https://www.nwhotelinvestor.com/

    Learn how to use AI to underwrite faster, streamline operations, automate the busy work, and make better decisions. Start your 7-day free trial of the AI for CRE Collective here.

    Connect with Michael on Instagram or LinkedIn.

    Email Us at info@hotelinvestorplaybook.com

    Visit the Hotel Investor Playbook Instagram

    Invest with Malama Capital

    Submit a deal

    Show More Show Less
    46 mins
  • Global Resort Design CEO: Stop Wasting Capex on the Wrong “Upgrades” | Scott LaMont E62
    Dec 16 2025

    Boutique hotel investors often lose money in the same place: they renovate what’s visible, and ignore what actually drives guest behavior.


    In this episode, we talk about design as a business tool, not a decoration budget. The goal is simple: create a guest experience that feels intentional, sells itself, and supports your NOI, even when you’re operating without brand-level resources.
    My guest is Scott Lamont, CEO of EDSA, a globally recognized design and planning firm. Scott and his team work on hospitality projects worldwide, from master planning new destinations to repositioning existing resorts.


    You’ll hear:

    • How to “program” spaces so they earn money at different times of day
    • What to look for during acquisition that signals hidden upside
    • Why the lobby is not a pass-through, it’s a profit center
    • How local partnerships create authenticity without big construction costs
    • The infrastructure investments (water, resiliency) owners regret skipping
    • A practical way to use guest reviews as free due diligence

    If you’re graduating from Airbnb to your first hotel deal, this episode will help you avoid rookie capex mistakes and make design decisions that actually translate to revenue. Follow and share the Hotel Investor Playbook so more people can learn how to invest in hospitality assets the right way.

    About Scott

    Scott LaMont is the CEO and Principal of EDSA, a globally recognized planning and landscape architecture firm where he has spent nearly three decades shaping award-winning destinations for brands like Four Seasons and The Ritz-Carlton. An expert in “deconstructed hospitality” and nature-focused design, Scott combines environmental stewardship with pragmatic business planning to drive long-term value and ROI for developers. He leads with a collaborative, human-centered philosophy that integrates emerging technologies like AI to create authentic, immersive guest experiences that connect people with place.

    Connect with Scott

    LinkedIn: https://www.linkedin.com/in/scott-lamont-aa598027/

    Website: https://www.edsaplan.com/

    Instagram: https://www.instagram.com/edsaplan/?hl=en

    Learn how to use AI to underwrite faster, streamline operations, automate the busy work, and make better decisions. Start your 7-day free trial of the AI for CRE Collective here.

    Connect with Michael:

    Invest with Malama Capital: malama-capital.com/invest
    Submit a deal: https://www.malama-capital.com/deal-submission
    Instagram: @the_hotel_investor_playbook
    Contact Us: info@hotelinvestorplaybook.com

    Show More Show Less
    50 mins
  • The 3 Distress Signals That Make the Next 12 Months a Buyer’s Market | Suraj Bhakta E61
    Dec 9 2025

    Is now a terrible time to buy a hotel, or the best buying window you will get this decade?

    In this episode, Michael sits down with Suraj Bhakta, CEO of NewGen Advisory, a national hotel brokerage that has closed deals in 44 states. Suraj explains what he is actually seeing in today’s market, from the SBA shutdown fallout to the quiet distress building under the surface.

    In this conversation, you will learn:

    • Why are the 2021–2022 performance numbers misleading so many sellers and buyers
    • Where distress is most likely to show up first, and how to spot it before the crowd
    • How to think about value-add when required upgrades do not pencil on the back end
    • Concrete steps buyers should take this week if they want to be ready when deals crack

    If you are serious about buying hotels in this environment, this episode will help you see what is really happening behind the scenes and how to move with more confidence.

    Follow and share the Hotel Investor Playbook so more people can learn how to invest in hospitality assets the right way.

    About Suraj

    Suraj Bhakta is the CEO of NewGen Advisory and Chief Legal Counsel for NewGen Worldwide, where he leads a national brokerage team that has executed hospitality transactions across 44 states. Drawing on over two decades of experience as both a commercial real estate attorney and a lifelong hotelier, Suraj has advised on more than $850 million in acquisitions and facilitated nearly $500 million in capital raises. He specializes in guiding investors through the full property lifecycle, offering expert counsel on complex market challenges ranging from financing and Property Improvement Plans (PIPs) to creative adaptive reuse projects.

    Connect with Suraj

    Email: suraj.bhakta@newgenadv.com

    Phone: +1.602.648.2702

    Website: https://newgenadv.com/

    LinkedIn: Suraj Bhakta

    Instagram: @newgenadvisory

    Connect with Michael on Instagram or LinkedIn.

    Email Us at info@hotelinvestorplaybook.com

    Visit the Hotel Investor Playbook Instagram

    Invest with Malama Capital

    Submit a deal

    Show More Show Less
    42 mins
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