This week on the Development Ready podcast we have Gus Moors, the National Director of Hotels at Colliers International.
Show notes
- 01:33 - Introduction
- 02:23 - Background
- 03:37 - Colliers International
- 05:42 - Their roles within the hotel sector
- 07:20 - What makes a good developer
- 09:48 - When they get involved in projects
- 11:19 - Length of process
- 13:37 - How competitive the space is
- 19:11 - How big hotel operators/developers work
- 22:36 - Establishing yourself in the space
- 24:22 - Off-market transactions
- 25:41 - Operators role in hotel transactions
- 27:52 - Nature of hotel market, supply
- 30:59 - How hotel development differs
- 32:14 - What buyers are looking for in a hotel
- 33:58 - Where they’re seeing the most activity
- 36:13 - Foreign interest in hotels
- 37:43 - Transitioning to the hotel space
- 40:25 - Advice for newcomers
- 43:27 - Best advice, life or business
Links