This episode of #NoVacancyNews looks at how a hotel management merger came together — the conversations, timing, and decisions that led up to it.

I spoke with Len Wolman, Chairman & CEO of Waterford Hotel Group, and Bob Habeeb, Founder & CEO of Maverick Hotels and Restaurants, about how their relationship developed, how long the process took, and what needed to line up before they moved forward.

They explain what they focused on early, why they chose not to rush, and how owner needs and operational realities shaped their decision. They walk through the steps as they happened, without wrapping the story in theory or hindsight.

We cover: 🤝: How the initial conversations started ⏱️: Why timing mattered 🏨: What they needed to see at the property level 📊: How owner considerations influenced decisions 🔄: What surprised them during the process 📈: Why this structure made sense when it did

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