Pritesh | Indie Hotels

@MIAviationKing @JustinBrady @TSA Bar is pretty low though. Anyone that can run 1 line with less than 12 staff would be an improvement.

@JustinBrady @PriteshSMB @TSA This is how they did it before 9/11. And while we would do a great job at it… Given that our airline competition wasn’t the best pre 9/11 days, I’m not sure I could trust them with this. They are dumb as rocks. The airports? They are excellent.

Hey…. So…. Here’s an idea. Just abolish the @TSA.

@PriteshSMB What’s your goal?

Chatted with two industry vets I have a ton of respect for. Each at least a decade ahead of me. Got wildly different advice on where to take Hotel Pommier: #1 Don't establish a hold-co, keep employees within each hotel llc, setup a mgmt co, but stay under the radar Keep growing, but no need to attract undue attention. #2 Setup Hotel Pommier WORLDWIDE hold co 😅, house all employees inside mgmt co to streamline benefits, separate llc to own the brand, etc. Already doing everything by the book so make your intentions known and go for it. -- Nobody has all the answers, scary but empowering.

@BPD1776 @irentdumpsters Some may say a master hooker

@irentdumpsters I’ve learned how to hook

This thread is all great but falls apart at the end. Two things 1) you have to do this with Bodhi. Otherwise you’re going to pay to learn lessons he already knows. 2) you have to use properly made software for this kind of waste brokerage. Don’t build it. That’s a brain damage you don’t need. No Claude can’t do it as easily or as well as you think. Instead…Check out dsqtechnology.com/discovery for proper waste brokerage software.

@CostReduceGuy Interesting! Thanks for clarifying. I'm sure once you get to that size even small changes can have a pretty big impact.

@PriteshSMB The first and main goal was to reduce expenses for the employer and while doing so we also ended up with more money in each employees pocket as well

Case study from a recent client (344 employees): They wanted to reduce costs and increase employee pay. We implemented a FICA payroll tax strategy and the results were meaningful: • Avg pay ↑ $2,544 per employee ($875k total) • FICA tax savings: $573/employee ($197k annual) • Benefit premium reductions: $1,798/employee ($618k annual) • Added benefits + improved wellness offerings Total impact: ~$1.7M+ between employee pay increases and employer savings Cost to the client: $0 This is what happens when you actually optimize how money flows through payroll and benefits, not just cut expenses.

@rajchudasama That’s savage. Pretty sure they were a big part of hopper production.

Capital One just bought the tech and 150 employees that built its travel booking platform away from Hopper. Then launched its own standalone travel app. 4 years of partnership. Gone in-house overnight. This is what platform independence actually looks like. Capital One spent years letting Hopper power its travel portal, quietly learned the business, built direct supplier relationships and then cut the middleman. The same play is available to hotel owners. Every year you let an OTA own the booking relationship with your guest, you're building someone else's platform. Your repeat guest data, your demand patterns, your rate history...all of it sitting in their system, not yours. Capital One figured this out. Took 4 years. Now they own the stack. Matrix by M1 Intel helps hotel operators build and nurture their own corporate/group relationships. The question for hotel operators isn't whether the OTAs are useful. They are. The question is whether you're building anything of your own while you're using them. Because the moment you stop, you're Hopper.

@ToddLlewellyn @mattressguy_ Everyone wants to buy a plumbing company, roll out service titan, and print cash. Few understand what it truly takes!

@mattressguy_ @PriteshSMB Also, I think he makes a good point about the trades and more people wanting to flood the trades but I’m not worried about plumbing. Plumbing is not glamorous. People don’t want to be plumbers

Quote to replace water heater $13,500. Unit cost $8,233 shipped to my door. $5k to replace a like for like unit? Back in the day new grad retail pharmacists could throw a rock any direction and make $120k/yr. Then new grads flooded the market, more work pushed to techs, mail order, online, etc. They still earn well, but WAY less # of jobs. With everyone and their mom screaming about the trades being a goldmine, it's only a matter of time competitive forces kick in.

@ToddLlewellyn @mattressguy_ Hotel doesn’t have natural gas, so we get to pony up for this bad boy.

@mattressguy_ @PriteshSMB Dude, what kind of water heater is this?

@mattressguy_ Costco mafia going to come for you after this one bro. Stay safe out there.

I recently was asked “why should I not buy the Kirkland signature for $999 at Costco” My response: It’s trash dude. It has maybe a quarter of an inch of memory foam with 3-4 inches of foam and coils It’s going to be SOFT and only get softer (does that fit your desired comfort needs?) Think sleeping in a hammock and the hammock gets deeper as the years go on It has no micro coils (for support and comfort) It has no latex (for support and comfort) You’ll be 3 years into this and it’ll wear out. You’ll start feeling the coils because the Pillowtop will flatten out and you’ll be in a hotdog before long Meanwhile my comparable will get you minimum 10 years of great sleep and give you lasting support (because they are built correctly) so you don’t wake up feeling like a train wreck Please comment ones you’ve been looking at and I’ll do a full post write up on it

@TylerPurcell24 Dynamic per load pricing! And Scan your eyeballs to pay 😅

Head down grinding these last few weeks! The laundromat industry is not ready for what we’re about to unveil. Truly going to make some heads 🤯 We might have even surprised ourselves a bit haha. The next evolution of laundromats is here. (And before anyone comments, yes the whole team has the orange Adidas)

@vonboehmbawerk Yup. Too many owners getting rich off under the table labor and not reporting cash.

@PriteshSMB New tech but the underlying human desire to get ahead (and for some to cheat) remains ;-)

Still crazy how hotels share ALL their revenue data with STR (now costar). In return, they receive benchmark reports against a group of competitors. Some owners don't even know they exist. While trying to buy a hotel, I've evaluated too many. Some quick findings: 1) CHECK THE COMPSET! Garbage in / garbage out if the compset doesn't represent true competition. Have seen midscales sandbag the compset with economy hotels. Or compset full of the same brand in completely different markets. In perfect world you have two reports with a pragmatic compset and an aspirational one. 2) Understand RevPAR. It's stupid easy (occupancy x ADR). Shows room revenue per room per day. Too many owners take pride in beating their compset in occupancy or ADR, but their RevPAR is below market 🤡 3) Go past page 2. There's a goldmine past the Glance tab. But easy to get overwhelmed if you don't know what you are looking for. Summary -> get out of your bubble and see how the broader market is performing Comp -> See if performance is consistent year round (and even by day of week) 15+ other tabs -> diminishing returns imo, but valuable if transient/group/contract business is segmented properly. 4) Texas free for all. What's cooler than anonymized data? Actual hotel revenue data. For some crazy reason you can lookup ACTUAL revenue of any hotel in Texas. Not affiliated, but you should bookmark this site: rankmyhotel . net

@matdwyer Hotel taxes are so common now it’s hard to fight them. And if used properly to promote tourism / win groups it’s a win-win imo

@PriteshSMB Neat site thanks. That was one of our objections when our municipality looked to add hotel tax, that our revenue data would essentially be public through FOI. Really doesn't matter overall, interesting to see it all laid out in a state level.

@SirVeeSirVee Yup. Insane resource.

@PriteshSMB rankmyhotel.net/dashboard/chai… Opened. my. eyes!! What a treasure chest of educational info.

@vonboehmbawerk old school! Now it's all PMS feeds, drones, and satellites :)

@PriteshSMB We used to camp out in the 1980s across the street to count cars as the income tax filings and reported occupancy figures were all faked. One of the only times I’ve seen people lie upwards on their tax filings (I.e. to sell a hotel)

@CostaKapo @StevenShortino Dude this is glorious. Well done!

@StevenShortino I created rank.costaoils.com for this very reason. Created a few different categories so its not just about top KPI's like Car Count and Revenue. Everyone loves it

All of our franchisees can publicly view the performance of any open iSmash location. Stores are ranked from first to last in a variety of categories. Competition at the top. Proper embarrassment for the bottom. Big red flag for any franchise system unwilling to do this.

@MelissaAmaya32 @CountryInn Unfortunately chain hotel + investor owners usually means churn and burn employees who don’t care

@PriteshSMB @CountryInn Glad to hear it! And agree, not super difficult You just have to care

Random thought after forgetting something in a @CountryInn hotel room and being told they don’t have it when I called later that day to inquire. What if, call me crazy here, what kind of positive buzz and press would a hotel chain get if, instead of forgotten items “disappearing,” the maids turned the items in and the hotel proactively called the guest to say, “hey, you left behind [thing] in your hotel room. How can we get this back to you?” 🤔