Join host Isaac Weinberger on The Stage Debate Podcast for a high-impact conversation with Ricky Raman of PeachState Hospitality and Saagar Parikh of Spark GHC as they share their journeys, development strategies, and real-world insights on navigating today’s hotel market. Ricky discusses PeachState’s focus on disciplined development, market intelligence, and building durable lender and brand relationships, while Sagar brings a Wall Street-honed perspective on capital, culture, investor relations, and long-term thinking. Together they break down the challenges of financing new construction, entering unfamiliar markets, understanding brand saturation, and managing risk in a shifting hospitality landscape. The episode also spotlights Project Scarlet, Spark GHC’s innovative Marriott Tribute hotel and apartment concept in downtown Cleveland, and concludes with honest, practical advice for new hotel investors on curiosity, relationships, transparency, and playing the long game.