What if there's a way to scale a hospitality portfolio without having to own the real estate? For operators looking to grow quickly without raising millions in equity or navigating complex bank financing, the OpCo-PropCo model offers a compelling alternative path.

In this episode, you'll discover how to build a hospitality brand by leasing properties instead of buying them, command premium ADRs without real estate risk, and scale across multiple markets using the OpCo-PropCo model.

An outdoor hospitality founder who operates campgrounds, backcountry lodges, and micro-hotels across Colorado, Arkansas, and California shares how he scaled to four properties in three years without traditional financing. Sam Degenhard's Campfire Ranch model separates operations from ownership, partnering with land investors who buy the real estate while he focuses on building a brand that commands $90 to $1,400 ADRs and spends just 2-3% of revenue on marketing.

In this episode, you'll discover:

• The exact lease structure that lets you scale hospitality properties without raising millions for acquisitions
• How to partner with real estate investors who buy the land while you control 100% of operations and guest experience
• Why focusing on the business side lets you open properties faster with significantly less capital
• The owner-operator staffing model that runs an 8-bedroom lodge profitably with one employee
• How to command 4-5X market rates by building brand loyalty instead of competing on OTA platforms
• The due diligence process that identifies underperforming assets is perfect for operational turnarounds
• Why subscale properties under 30 keys deliver better margins than traditional hotel models

Whether you're an operator exploring faster paths to scale or an investor looking to understand how hospitality brands grow without traditional real estate ownership, this episode reveals a proven model that separates the business of hospitality from owning the dirt and the strategic advantages that come with focusing purely on operations.

About Sam Degenhard

Sam Degenhard is the Founder and CEO of Campfire Ranch, a vertically integrated outdoor hospitality brand building a diverse "collection" of adventure basecamps, ranging from developed campgrounds to backcountry huts and renovated lodges. A veteran of Red Bull’s sports marketing team, Sam famously traded his corporate career for life in a teardrop trailer on public land, launching a business dedicated to removing the "friction" of camping for the experience generation. He now specializes in the acquisition and operation of sub-30-key assets in high-recreation markets like the Rockies, the Ozarks, and the Sierra, utilizing an OpCo model to partner with real estate investors while delivering high-touch, community-driven guest experiences.

Connect with Sam Degenhard

Connect with Sam on LinkedIn.

Follow them on Instagram or visit their Website.

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

Most investors think they're building a business, but they're actually building themselves a job. The truth? If you died tomorrow, your "business" would die with you.

A real estate investor who scaled from 80-hour weeks to just 4 hours per month reveals the exact automation framework that freed him—and how to apply it to any real estate asset, including hotels.

Mark Podolsky built a multi-million dollar land flipping operation, lost 50% of it in 2008, then rebuilt it into a passive income machine that runs without him. His approach isn't about working harder—it's about systematizing smarter.

In this episode, you'll discover:

• The 3-step system to automate ANY real estate process: Do it, Document it, Delegate it
• How to systemize direct-to-owner outreach for boutique hotels (instead of competing on broker listings)
• How to lock up deals with minimal capital and flip them to other investors (the arbitrage model)
• How to use inexpensive virtual assistants to handle repetitive acquisition tasks
• Why the biggest mistake new investors make isn't about the property—it's about their calendar
• The "brick your phone" strategy that helped Mark reclaim focus and family time

The real question isn't whether you can find deals. It's whether you can build a business that doesn't require you to do everything yourself. This episode shows you the framework to buy back your time while building real wealth.

About Mark Podolsky

Mark Podolsky, widely known as "The Land Geek," is a former investment banker turned land investor who has completed over 6,000 unique raw land transactions since 2001. As the author of Dirt Rich and host of The Art of Passive Income podcast, he teaches investors how to acquire distressed land for pennies on the dollar to generate passive income without the headaches of "tenants, toilets, and termites". Through his coaching platforms and automation software like GeekPay.io, Mark empowers entrepreneurs to build scalable, recession-resilient businesses that break the cycle of solo economic dependency.

Connect with Mark Podolsky

Connect with Mark on LinkedIn.

Follow Mark on Instagram or visit his Website.

Get Your FREE Copy of Dirt Rich (FOR A LIMITED TIME ONLY)

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

Most hotel owners think the only way to reduce OTA dependency is to throw more money at Facebook ads or hire expensive marketing agencies. But the real solution isn't more budget, it's leveraging what you already have: authentic stories and staff who actually care about the guest experience.

A hospitality marketing veteran who's advised VCs and built a 1.6 million social following reveals the direct booking playbook that independent hotels are using to reclaim revenue from OTAs. Scott Eddy has spoken at hundreds of conferences worldwide, doing the unexpected: giving away strategies that agencies charge thousands for.

In this episode, you'll discover:

• Why rolling out the red carpet for OTA guests (instead of alienating them) converts 30%+ into direct bookers
• The exact content categories that drive bookings and why shaky iPhone footage outperforms polished videos
• How to make your front desk staff into content superstars without hiring an expensive agency
• The one Instagram metric (hint: it's not followers) that actually predicts revenue
• Why "saves" and "comments" matter 10x more than likes for direct bookings
• The AI-discoverable scripting framework that's replacing traditional SEO for hotel discovery
• How long-form storytelling videos outperform short-form for brand discoverability (despite what Instagram tells you)
• The fatal mistake 80% of hotels make: posting beautiful property photos with promo text overlays that actively repel guests

If you're serious about reducing OTA dependency and building a direct booking engine without a massive marketing budget, this episode will provide the roadmap. Don't make the expensive mistake of outsourcing what your in-house team can do better.

About Scott Eddy

Scott Eddy is a globally recognized hospitality brand strategist and digital pioneer who transitioned from a decade in investment banking to founding the first and largest digital agency in Southeast Asia. With a combined following of over 1.2 million, Scott has hosted the travel series Video Globetrotter on Lifetime Television and is consistently ranked among the top 15 hospitality influencers in the world. He now travels full-time as a consultant and keynote speaker, helping hotel brands convert authentic storytelling into measurable ROI while championing the "independent advantage" through raw, human-centered digital engagement. A genuine citizen of the world, Scott lives entirely out of hotels and cruise ships, leveraging his experiences in 85+ countries and 120+ cruises to provide a unique "perpetual guest" perspective on the evolving travel landscape.

Connect with Scott Eddy

Connect with Scott on LinkedIn.

Follow Scott on Instagram or visit his Website.

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

Most first-time motel buyers don't lose money on the purchase price. They lose it by underestimating CapEx, guessing on underwriting, and assuming they can "market" their way to higher occupancy. That's how people get smoked.

In this episode, you'll learn a simple, real-world way to sanity-check a value-add motel deal, including what "light reno" actually costs per key and which levers really move ADR.

My guest is Jordan Malara, an ex-Space Force engineer who went from managing short-term rentals to building a 60+ key hotel portfolio in just a few years. He's breaking down his first deal: a 27-key motel he bought for $2.45M with $500K in renovations, using SBA 7(a) and seller financing.

What you'll learn:

• Why "$20K per key" is a better starting point than your optimistic spreadsheet number
• The hidden CapEx that blows budgets: sprinklers, fire systems, laundry equipment, and code compliance work
• Jordan's 60% expense ratio sanity check, and why occupancy lifts are way harder than you think
• How he structured SBA 7(a) + seller financing in second position (and what made the seller say yes)
• The upgrades that paid back fastest: amenities, lobby experience, and staff, not bathrooms
• How he outsources revenue management and bookkeeping globally without bloating payroll

If you got value from this episode, share it with one friend who wants to buy a hotel. And if you want to talk through a deal, email me at info@hotelinvestorplaybook.com.

About Jordan

Jordan Malara is a former U.S. Space Force engineer turned hospitality entrepreneur who transitioned from managing satellite operations to building a high-performing portfolio of boutique hotels. Previously the Director of Operations for Renjoy, where he oversaw 180+ short-term rentals, Jordan co-founded Springs Hospitality to apply engineering-level systems to the revitalization of undervalued assets like the Adventure Inn Durango. He specializes in leveraging creative financing and narrative-driven branding to transform distressed properties into thriving community hubs, teaching investors how to scale from residential units to commercial hospitality with operational discipline.

Connect with Jordan

Connect with Jordan on LinkedIn.

Follow Jordan on Instagram or visit their Website.

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

Think you need hotel operations experience to invest in boutique hotels? That belief may be the only thing standing between you and building serious commercial real estate wealth.

In this episode, you'll discover how a Gulfstream pilot raised $1.5 million and became co-GP on a 130-room boutique hotel in Tennessee's Smoky Mountains - without managing a single employee or making a single bed.

A private jet captain who flies billionaires by day reveals his exact framework for partnering on commercial deals, vetting operators, and bringing value to the table through capital raising and deal analysis - not daily operations. When a USDA loan delay tested the partnership and threatened investor confidence, his communication strategy and the GP team's quick action turned a challenge into a case study on how strong partnerships weather any storm.

In this episode, you'll discover:

• How to add massive value as a hotel investor without operations experience (the skills that actually matter)
• Why 80% of Curt's $1.5M came from his existing network (not Instagram followers) and how to leverage yours
• The critical questions to ask operating partners before co-signing on a major hotel acquisition
• Why booking 3,000 additional room nights and raising ADR from $85 to $129 proves the value-add model works
• The monthly communication framework that kept 100% of investors confident during an 8-month loan delay
• How GPs can inject capital at 10% interest to avoid diluting investor shares during unexpected shortfalls

If you're ready to stop letting "lack of operations experience" keep you out of hotel investing, this episode shows you exactly how to raise capital, structure partnerships, and protect investor relationships, even when deals don't go according to plan. This is proof that you can build commercial real estate wealth without being the operator

About Captain Curt

Curt Marker is a 15-year veteran pilot and the CEO of Captain Capital, a commercial real estate firm specializing in developing high-demand assets such as small-bay industrial flex space and boutique hotels. As a third-generation aviator and active private jet captain for billionaires, Curt translates elite "cockpit discipline," safety checklists, and high-level service into rigorous risk management for his real estate projects. He is widely recognized for his radical transparency and "skin in the game" philosophy, focusing on building long-term trust and resilient wealth for his investor partners. Curt also hosts The Captain Curt Show, where he educates professionals on transitioning tax-inefficient income into high-performing, cash-flowing commercial portfolios.

Connect with Captain Curt

Connect with Curt on LinkedIn.

Follow Curt on Instagram or visit their Website.

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

Most first-time hotel syndicators are already breaking the rules; they just don't know it yet. If you've ever taken money from friends and family without the right structure, you may have accidentally sold securities. And if you're paying someone just to raise capital? That's another violation waiting to happen.

In this episode, you'll learn exactly how to raise money for hotel deals without putting yourself or your investors at risk.

A securities attorney who's structured hundreds of capital raises and lost $1 million on her own failed fund shares the hard lessons that transformed how she builds partnerships today. Bethany LaFlam now co-owns a boutique resort in Belize and is building a luxury hospitality portfolio, all while helping Main Street operators avoid the costly legal mistakes she's seen kill deals.

In this episode, you'll discover:

• The #1 way sponsors accidentally break SEC rules (and how to stay compliant)
• Why 506B vs. 506C matters and how to choose the right structure for your raise
• The capital raiser compensation mistake that can get you investigated
• How to vet partners before you commit (including the exact questions to ask)
• Why "investor perks" like free hotel nights require careful legal structuring
• The mindset trap that kept her broke for years after a failed $50M fund

If you're planning to raise capital for a hotel deal, this episode could save you from a costly legal mistake or worse, an SEC investigation. Don't skip the compliance conversation.

About Bethany

Bethany LaFlam is a seasoned securities attorney, real estate investor, and Managing Partner at Premier Law Group, where she helps syndicators navigate complex SEC regulations to raise capital safely and effectively. With over two decades of legal experience, she champions the "Power of OPE" (Other People’s Everything), a strategic framework designed to help entrepreneurs scale their wealth and businesses without burnout. Bethany is also the author of the bestselling book The Power of OPE and the founder of the Conscious Capital Collective, a community dedicated to intentional wealth creation and luxury hospitality investing.

Connect with Bethany

Connect with Bethany on LinkedIn.

Follow Bethany on Instagram or visit their Website.

Join The Conscious Capital Collective

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

Stop treating your front desk like an expense; it's costing you hundreds of thousands in property value. The biggest mistake boutique hotel owners make isn't about the property itself. It's ignoring the untapped revenue sitting right at your check-in counter.

In this episode, you'll discover how to turn your front desk into a profit center that can add 5% to your bottom line and potentially $500,000 to your hotel's valuation.

A hospitality revenue expert who helped pioneer the car rental upsell model and has spent 25+ years turning frontline employees into sales engines joins us to break down the exact system. Joffrey Toffetti's company, Frontline Performance Group, works with properties from 20-room boutiques to major brands, and his approach has transformed front desk agents from minimum-wage employees into top earners making $50K+ through incentives alone.

In this episode, you'll discover:

• Why the "value mode vs. experience mode" mindset shift changes everything about guest interactions
• The 3-tier incentive structure that motivates front desk staff without blowing your budget
• How late checkout offers alone can generate $40,000+ annually (with almost zero cost)
• The conversion metrics and "URI" formula to track whether your upselling is actually working
• Why keyless entry and kiosks might be sabotaging your guest relationships and revenue
• How to spot upsell opportunities during due diligence before you even buy a property

If you're serious about maximizing hotel profitability, this episode will change how you think about staffing and guest experience. Don't leave five figures on the table every year because your front desk doesn't know how to sell.

About Geoffrey

Geoffrey Toffetti is the CEO of Frontline Performance Group (FPG), where he leverages over three decades of experience to transform hospitality frontline teams into powerful revenue generators. Rising from a resort valet to the C-suite, Geoffrey has guided FPG’s expansion to over 2,500 properties across 100+ countries, helping global brands like Hilton, Marriott, and Hyatt unlock over $2.3 billion in incremental revenue. Through FPG’s innovative IN-Gauge SaaS platform and a "service-based sales" philosophy, he empowers hourly staff to elevate the guest experience while driving significant bottom-line profitability without additional capital expenditure.

Connect with Geoffrey

Connect with Geoffrey on LinkedIn or visit their Website.

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

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