#1158 Jake Wurzak | Investing Lessons From Billion Dollar Hotel Owner

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 15 February 2023

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Jake Wurzak is the CEO of DoveHill Capital Management, and Wurzak Hotel Group. In this conversation, we talk about the hotel industry, everything from investing to operating both boutique and roadside businesses. When you think about this hotels that you visit, there is an operator that owns both the business & real estate, and they constantly think about how they can drive a profit. Jake is an expert, and has been doing it now with multiple hotels around the country. Jake breaks down both the economics and what makes a good hotel.

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Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

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Transcript

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0:00.0	What's up everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. We have no advertisers on this podcast. So it would mean the world to me if you would subscribe to the show on your favorite
0:20.8	audio platform, watch episodes on YouTube, and tell your friends and family about the podcast.
0:26.6	My goal is to help millions learn from the world's most interesting people. So let's get in to
0:31.6	today's episode. Jake Warzac is the CEO of Dove Hill Capital Management and Warzac Hotel Management.
0:39.3	In this conversation, we talk about the hotel industry, everything from investing to operating, both boutique and roadside businesses.
0:47.3	When you think about these hotels that you visit and frequent all the time, whether you're traveling, you're on vacation, or it's just something down the street.
0:56.5	There's an operator that owns that business.
1:00.6	They own the real estate, and they're trying to think about how to do it better and how they can drive a profit.
1:05.8	Jake is an expert, has been doing it now in multiple hotels around the country, and he breaks down not only the economics of this, but what makes a great hotel and what doesn't. Once you get done listening to this episode, jump on Twitter and let us know what you
1:13.2	liked, what you didn't like, what you agreed with, and what you didn't agree with.
1:16.2	The feedback is always helpful and helps us create better episodes.
1:19.3	Here is my conversation with Jake Warzac.
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1:52.7	Hello blue skies.
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1:57.6	Hello, taking control of your money.
	...

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