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George Seli

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  • 3 min

Hunter Conference Panel Highlights Importance of Human Capital and Entrepreneurial Spirit in Overcoming Hospitality Challenges

🏨 March 17, the Hunter Conference hosted a panel with leaders like Alpesh Patel, Bo Patel, Mitch Patel, and Azim Saju. They discussed strategies for navigating profit pressure in the hospitality industry, emphasizing human capital. Examples showcased career advancement, such as a housekeeper becoming a General Manager since 2017. Mitch Patel noted rising hotel investments, with 89 hotels developed between 2011-2014. Construction costs remain high but are stabilizing, offering new opportunities. Entrepreneurs must embrace calculated risks for growth.
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  • 4 min

Hunter Conference 2024 Highlights Favorable Market for Hotel Buyers Amidst Macroeconomic Uncertainty and Projected 0.6% RevPAR Growth

📈 On March 16, the Hunter Conference, now in its 37th year, was held at the Signia by Hilton Atlanta. The event, hosted by Teague and Lee Hunter, provided a platform for hotel industry networking and learning amid macroeconomic challenges such as stock market volatility and tariffs. The panelists discussed a 15% increase in transaction volume from last year. Despite a projected 0.6% RevPAR growth, the market offers a “phenomenal buying opportunity” due to low capital costs and private equity interest.
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