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by No Vacancy Live
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Hotel Financing in 2026: Why Borrowing at 7.5% Beats Raising Equity
Hotel Financing in 2026: Why Borrowing at 7.5% Beats Raising Equity
About this podcast
No Vacancy is home to the hospitality industry's top podcasts. We speak to the CEOs, influencers and leaders to go behind the scenes of the hotel and travel business.
Episodes
The newest 50 of 1,907 episodes
- Hotel Financing in 2026: Why Borrowing at 7.5% Beats Raising Equity · 12 min · Season 10The COVID grace period on PIPs is over, and the hotel brands want the work done. Peter Berk, president and CEO of PMZ Realty Capital, hears the same story from many owners: the…
- Why Hotel Guests Who Try Mobile Keys Never Go Back · 9 min · Season 10dormakaba, one of the world's top access control companies, just bought Alliants, the guest experience platform behind hotel room keys in Apple Wallet and Google Wallet. The deal…
- Staypineapple's Plan to Cut OTAs Out of Hotel Bookings · 6 min · Season 10When online travel agencies took off, hotel companies handed over a huge amount of control over how guests book rooms. I've spent years talking about the consequences, and I…
- Why More Women Aren't Becoming Hotel General Managers · 7 min · Season 10I caught up with Rachel Moniz, Chief Operating Officer of HEI Hotels & Resorts, at The Hospitality Show. She's passionate about getting more women into #HotelLeadership roles…
- The Art of Turning Neglected Historic Buildings Into Extraordinary Hotels · 1 h 0 min · Season 10Turning a century-old building into a luxury hotel sounds like a great idea until you start opening walls and uncovering expensive problems, potentially threatening the entire…
- Why One Hotel GM Refused to Skip Her QA Inspection · 6 min · Season 10I've never met a hotel GM who looks forward to a quality assurance inspection. Yet one GM at My Place Hotels actually complained when she earned the right to skip her next…
- Why Travelers Keep Shopping After Booking Their Hotels · 15 min · Season 10Americans aren't giving up their holiday travel plans, even as they cut spending elsewhere. They're making different choices about how they travel, where they stay, and what…
- How Hotels Cut Costs Without Sacrificing Quality · 8 min · Season 10I visited Avendra International to talk with Walt Sheffler, President of Avendra International North America, about some fascinating changes in #HotelOperations. Their technology…
- Marriott Vacation's New VIP Perks: What's Changing? · 5 min · Season 10Marriott Vacations Worldwide just expanded its owner benefits program from five levels to seven, including new Reserve and Pinnacle tiers. But what makes those additional…
- I Tried Cooking at Benihana Las Vegas. What Could Go Wrong? · 32 min · Season 10I've interviewed hundreds of hospitality professionals, but nobody's ever handed me a sharp knife and asked me to cook dinner at the same time. Until now! At Benihana inside…
- FNA 223: We Destroy Second City's Legacy! · 1 h 0 min · Season 10The Second City gave us John Belushi, Tina Fey, Steve Carell, and generations of comedy legends. This week, two of their own joined #FridayNightAudit, giving Craig Sullivan…
- Why Hotel GMs Should Be Checking Competitors' Parking Lots · 5 min · Season 10Sometimes the smartest #HotelSales strategy starts with driving through a competitor's parking lot and checking out the trucks! Those company names might reveal your next…
- A VIP Resort Inside a Luxury All-Inclusive? Here's Why · 29 min · Season 10AMResorts co-founder Javier Coll lasted just two months in retirement before jumping back into #Hospitality. Now he's bringing a new level of luxury to #AllInclusive resorts with…
- What Happened When This Independent Hotel Joined Marriott? · 8 min · Season 10Hotel owners looking for clarity in the transaction market might be waiting a very long time. But waiting for perfect conditions isn't much of a growth strategy either. During…
- Are Hotels Automating Away the Guest Experience? · 10 min · Season 10During The Lodging Conference I caught up with Sara Masterson, President, and John Schultzel, Chief Growth Officer at Olympia Hospitality, about an interesting contradiction in…
- Why Aren't More Hotel Deals Getting Done? · 6 min · Season 10During The Lodging Conference, I caught up with Ryan Bodine, SVP at NewGen Advisory, who sees plenty of buyers and plenty of hotels for sale. So why is it still so difficult for…
- How hoteliers can build resilience through operational agility · 59 min · Season 10The latest Hotel Business Hot Topics session, "Planning Through Uncertainty: A Resilience Playbook for Hotel Leaders," presented in partnership with Entegra, featured a panel of…
- FNA 222: The Quest for Hospitality Avalon · 1 h 1 min · Season 10Michael Goldstein has a cocktail for every time of day and a succession plan that apparently depends on how much hes had to drink. Naturally, we invited him onto Friday Night…
- What Hotel Owners Want From Brands Right Now · 6 min · Season 10During The Lodging Conference, Mark Sergot, Chief Development Officer, Americas, at IHG Hotels & Resorts, and I talk about a shift reshaping hotel development: owners at the end…
- How My Place Hotels Makes Small-Market Hotel Development Work · 3 min · Season 10Hotel development costs keep climbing, and smaller markets present an even tougher challenge. But My Place Hotels fits 63 extended-stay rooms on just 1.25 acres, creating…
- The Hidden Cost of Hiring the Wrong Hotel Employees · 6 min · Season 10During The Lodging Conference, Greg O'Stean, Chief Development Officer at Hotel Equities, and I tackled a familiar #Hospitality hiring dilemma. You need people, you've got open…
- Outrigger Is Reinventing Its Hotels. Here's the Strategy. · 5 min · Season 10Outrigger Hospitality Group is spending $100 million renovating Outrigger Waikiki, taking the property, as CEO Jeff Wagoner puts it, "all the way down to the concrete." And the…
- The Hidden Inefficiencies Costing Hotels Money · 7 min · Season 10During The Lodging Conference, Shozib Khan, SVP of Strategic Asset Performance at Spire Hospitality, and I tackled a frustrating reality of #HotelTechnology: Hotels collect…
- How Raines Finds More Profit Inside Existing Hotels · 8 min · Season 10During The Lodging Conference, Kerry Ranson, President Operations/Partner of Raines, and I talk about why more hotel owners now question whether their management company still…
- Why Hoteliers Have More Pricing Power Right Now · 5 min · Season 10During The Lodging Conference, Joseph Bojanowski, President of PM Hotel Group told me his Q4 booking pace is up double digits across group, transient, meetings and events, with…
- How Higher Interest Rates Are Reshaping Hotel Investment · 8 min · Season 10I'm at The Lodging Conference with Greg Friedman, CEO of Peachtree Group, talking about what happens when the cost of money moves faster than the economics of a hotel deal. Greg…
- What Higher Interest Rates Mean for Hotel Deals · 5 min · Season 10Ryan Bosch of Arriba Capital joined me at The Lodging Conference to talk through one of the toughest parts of the hotel investment market right now: the numbers keep moving…
- How Hotel Leaders Build Relationships at The Lodging Conference · 6 min · Season 10I'm at The Lodging Conference with Wayne West III, President of Newport Hospitality Group, and we get into something most people never really think about: how much value you can…
- Red Roof's Growth Strategy as Economy Hotels Gain Ground · 6 min · Season 10Consumers don't shop for "economy hotels." They shop for a price point, a product they like and an experience that works for them. That's a big reason I think Red Roof has an…
- Hotel Marinas Turn Boat Traffic Into Revenue · 14 min · Season 10A marina gives hotel owners another customer base without adding a single guestroom. Jeremy Parks, President of Trident Marine Group, joins me on No Vacancy to explain how…
- Hotel Staffing: The Talent Pool Hotels Keep Overlooking · 15 min · Season 10Hotels keep saying they can't find people. PRIDE Industries is showing them where to look. Darleyn Pazdel, SVP of Workforce Inclusion at PRIDE Industries, joins me on No Vacancy…
- Inside HomeTowne Studios by Red Roof: Why This Extended Stay Model Works · 19 min · Season 10There's a big difference between hearing about a hotel brand and actually getting inside one with the people building and operating it. I toured a brand-new HomeTowne Studios by…
- Hotel Marketing With AI: How My Place Hotels Competes With Bigger Brands · 6 min · Season 10Last week at the My Place Hotels of America conference, I talked with Jeff Thomas, VP of Marketing, about how a smaller hotel company competes against brands with much bigger…
- Why Hotel Conversions Are Driving My Place Growth · 3 min · Season 10Glenn Haussman talks with Brian Quinn, Chief Development Officer at My Place Hotels, from the My Place Hotels of America conference about one of the biggest forces shaping hotel…
- My Place Hotels: Growth, Leadership and the Next Generation · 5 min · Season 10Glenn Haussman talks with Sarah Dinger, EVP of Franchise Relations at My Place Hotels, from the My Place Hotels of America conference about Trend, the company's new conversion…
- Inside My Place Hotels' Extended Stay Growth Strategy · 3 min · Season 10Glenn Haussman talks with Ryan Rivett, President and CEO of My Place Hotels, at the My Place Hotels of America conference in Fort Lauderdale about how the company approaches…
- Why Hospitality Leaders Must Stay Uncomfortable · 35 min · Season 10The minute you get too comfortable, somebody else passes you. Gary Hernbroth, author of Twist the Familiar, joins me on No Vacancy to talk about questioning how we work, how we…
- The Group Business Edge Hotels Keep Missing · 14 min · Season 10One in three room nights globally comes from meetings and groups, with 60% of that demand coming from small and medium meetings. Lukasz Dabrowski, SVP of Global Supplier…
- Is AI Getting Your Hotel Wrong? · 14 min · Season 10AI is starting to decide which hotels travelers see — and what it says about your property may not even be right. Michael Bennett, CEO of Cendyn, and Nicki Graham, CMO, join me…
- Virtual Hotel Industry Happy Hour: Pet Peeves, Dynamic Pricing & Bad Decisions · 44 min · Season 10We've spent months asking one completely unnecessary but surprisingly important question: Which hotel pet peeve annoys us most? We started with 32. Now Always Hidden Lamp…
- Relational Wellness Is Next Big Hospitality Trend · 15 min · Season 10I'm calling it now: Relational wellness is the next major hospitality trend. The opportunity is we're spending more time with screens and less time with each other. Hospitality…
- How Hotels Use AI Without Losing Control of Guest Data · 15 min · Season 10Hotel employees already juggle enough. They don't need 10,000 system steps standing between them and the guest. Kevin King, CEO of Shiji Group, joins me on No Vacancy to talk…
- How Hotels Cut Laundry Costs by 30% · 4 min · Season 10Hotels spend a lot of time and money dealing with linens, from buying and storing them to running equipment and making sure housekeeping always has what it needs. Bart Begley…
- They Turned a 12th-Century Monastery Into a Luxury Hotel · 32 min · Season 10Most people don't look at a 12th-century monastery in rural Umbria and think, "We should turn this into a hotel." Cathi Lutjens and Fred Kubierschki did. They left the corporate…
- Where Hotel Growth Is Happening Next · 14 min · Season 10The next wave of hotel growth won't look like the last one. Bruce Ford with Lodging Econometrics joins me on No Vacancy to look at how the global #HotelDevelopment pipeline is…
- What Luxury Hotel Guests Really Want · 26 min · Season 10True luxury means not having to think about the details. Almando Rigby, general manager of Windjammer Landing in Saint Lucia, joins me on No Vacancy to explain why today's…
- What Hotels Stop Knowing After the Guest Checks In · 15 min · Season 10Hotels spend years collecting guest data, then lose sight of what people want the moment they're actually staying in the room. Kevin Rohani, founder and CEO of Camo Hospitality…
- Labor Day Flashback: Marriott Vacations Worldwide Launches Experience-Driven Ownership: Inner Circle · 11 min · Season 10Live experiences drive operating success because they create reasons to travel, reasons to spend, and reasons to come back. That's why Marriott Vacations Worldwide is building…
- Holiday Flashback: How Wyndham Uses Experiences to Drive Direct Bookings · 5 min · Season 10To ease us into the holiday weekend, here's a rerun of a fun video I recorded in a Puerto Rican rainforest! Wyndham Rewards pushes beyond hotel nights into experiences, and…
- Holiday Rerun: How Starwood Makes Its Hotels Feel Different: Nature, Soul, and Experience · 5 min · Season 10To ease us into the holiday weekend, here's one of my favorite chats from the year: Starwood Hotels operates 1 Hotels, Treehouse Hotels and Baccarat Hotels & Resorts around one…
