This week on the Development Ready podcast we have Gus Moors, the National Director of Hotels at Colliers International.
Show notes
01:33 - Introduction
02:23 - Background
03:37 - Colliers International
05:42 - Their roles within the hotel sector
07:20 - What makes a good developer
09:48 - When they get involved in projects
11:19 - Length of process
13:37 - How competitive the space is
19:11 - How big hotel operators/developers work
22:36 - Establishing yourself in the space
24:22 - Off-market transactions
25:41 - Operators role in hotel transactions
27:52 - Nature of hotel market, supply
30:59 - How hotel development differs
32:14 - What buyers are looking for in a hotel
33:58 - Where they’re seeing the most activity
36:13 - Foreign interest in hotels
37:43 - Transitioning to the hotel space
40:25 - Advice for newcomers
43:27 - Best advice, life or business