Chapter

The Hotel Business Model
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1:20:46 - 1:30:02 (09:16)

The hotel business has evolved into a management company and ownership model. While it offers brands consistency and mitigates risks, the industry is at a crossroads to continue evolving.

Clips
Liz Lambert discusses the importance of understanding both rigor and operations in the creation of the right guest experience, which is achieved by constant vigilance and input from experienced hotel managers such as Larry Maguire and Chip Conley.
1:20:46 - 1:24:29 (03:43)
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Hotel management
Summary

Liz Lambert discusses the importance of understanding both rigor and operations in the creation of the right guest experience, which is achieved by constant vigilance and input from experienced hotel managers such as Larry Maguire and Chip Conley.

Chapter
The Hotel Business Model
Episode
#320: The Art of Hospitality: An Interview With Entrepreneur and Hotelier Liz Lambert
Podcast
The Tim Ferriss Show
Entrepreneur and hotelier Chip Conley shares his belief in building timeless hotels that get better with age and experience.
1:24:29 - 1:28:29 (04:00)
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Hospitality
Summary

Entrepreneur and hotelier Chip Conley shares his belief in building timeless hotels that get better with age and experience. He discusses the significance of combining good business practices with artistic vision to create sustainable success in the hospitality industry.

Chapter
The Hotel Business Model
Episode
#320: The Art of Hospitality: An Interview With Entrepreneur and Hotelier Liz Lambert
Podcast
The Tim Ferriss Show
The hotel industry has evolved from independently run hotels to chain hotels with the same service everywhere.
1:28:29 - 1:30:02 (01:32)
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Hotel Industry
Summary

The hotel industry has evolved from independently run hotels to chain hotels with the same service everywhere. This evolution is due to a management company wanting to stay asset light and being able to mitigate risk by owning a brand.

Chapter
The Hotel Business Model
Episode
#320: The Art of Hospitality: An Interview With Entrepreneur and Hotelier Liz Lambert
Podcast
The Tim Ferriss Show