Special Edition Podcast: Behind the Scenes of Our Catalina + Bodega Bay Acquisitions
The Rich Somers Report
Rich Somers
5.0 • 1K Ratings
🗓️ 30 April 2026
⏱️ 28 minutes
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| 0:00.0 | I don't think there's anywhere in the country that looks like Catalina Island. I always say it's a touch of Italy, a touch of Greece, it really has that European vibe. The entire island is very lush and green, 54 miles of just coastline. Super cute little island, some cute restaurant, a nice getaway, close enough, but far enough, you feel like you're somewhere else. And I always say it's a touch of the Nepali coast in Hawaii 88% of the island you will never develop on the limited lodging supply near impossible to ever build another hotel there which we love the way that people want to travel today Gen Ziers the Millennials is shifting think about when people used to go out to eat they would go to all these chain restaurants that were popular the Chili Chili's, the Applebee's, the Olive Garden, right? |
| 0:38.4 | The Millennials, the Gen Ziers, they don't want to go to these places anymore. They don't think these places are cool. If you go to Catalina Island, you will not see one chain restaurant, right? Why is that? It's because people want to go stay at these one-off, vibey experiences that they can share with their friends on Instagram, also with the way that they're traveling. |
| 0:55.7 | All right, guys, today we are recording a special edition podcast live from one of our |
| 1:01.2 | Blicique Hotels in Del in the Lita Italy neighborhood of San Diego. |
| 1:06.2 | And with me today I got our director of investor relations for Summers Capital, Miss Alex |
| 1:10.2 | Johnson. Alex, how |
| 1:10.9 | we doing? Doing great. Thanks for having us. Of course, of course. And also joining us today, |
| 1:16.5 | we got our chief of staff, Ms. Lauren Turpe. Lauren, welcome to the show. Thank you so much. |
| 1:20.7 | Happy to be here. Yes, likewise. And by the way, a fun fact, first podcast ever for Lauren. |
| 1:25.9 | Yes, very exciting stuff. |
| 1:28.5 | But guys, very excited. |
| 1:30.1 | We got a couple of boutique hotels, not just one, but two boutique hotels that we're |
| 1:34.2 | acquiring simultaneously right now along the California coast. |
| 1:37.3 | This is going to make a total of eight boutique hotels for us here at Summers Capital. |
| 1:41.5 | And as we kind of build this hospitality brand, |
| 1:44.9 | Summers Collection, which is really our umbrella hospitality |
| 1:48.1 | brand that's managing, allows us to be fully integrated. |
| 1:51.9 | It's very exciting. |
| 1:52.8 | So a couple things, guys, that we're doing |
| 1:55.1 | before we jump into Catalina Island, |
| 1:57.5 | I talk about some of our acquisitions, |
| 1:59.0 | but a couple of things that we're really doing right now to differentiate ourselves from the competition. Number one, we've gotten all in on AI. And so I know you're really good at using Claude and chat. Which one do you like better, Lauren? I recently, I was a Chad to BT fan forever. I used it a million times for emails but recently I'm kind of using |
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