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In this conversation, Peter Fabor and David Kijlstra discuss various aspects of starting and managing a hotel business. They explore different business models, the importance of room count, location considerations, and the impact of climate data on property selection. The discussion also touches on the design of public spaces, the concept of white label hotels, and the challenges of staffing in the hospitality industry. They emphasize the need for a focused marketing strategy and the common pitfalls that small hotel owners face. Are you looking to buy a hotel in Portugal, Spain, or Costa Rica? Visit https://www.buythathotel.com to find listings and tools. 00:00 Intro 02:20 Understanding Hotel Size and Management 06:47 Conceptualizing the Hotel Experience 11:27 Location Considerations for Hotel Properties 16:03 Budgeting and Pricing Strategies 20:25 Identifying Target Markets and Segments 23:29 Utilizing Climate Data in Property Selection 29:04 Assessing Environmental Risks 32:05 Designing Flexible Spaces for Diverse Groups 38:00 The Future of Branded and White-Label Hotels 42:42 Sales Strategies for Hotel Owners 53:32 Challenges in Staffing and Management 01:06:03 Creating Self-Reliant Hospitality Concepts 01:07:11 The Shift Towards Low-Staff Operations 01:09:22 Managing Remote Operations Effectively 01:10:53 The Importance of Location in Hospitality