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#11: Alex Cabañas - Executive Chairman of Pyramid Global Hospitality | Scaling Hospitality through Mergers & Acquisitions

#11: Alex Cabañas - Executive Chairman of Pyramid Global Hospitality | Scaling Hospitality through Mergers & Acquisitions

FromMasters of Moments


#11: Alex Cabañas - Executive Chairman of Pyramid Global Hospitality | Scaling Hospitality through Mergers & Acquisitions

FromMasters of Moments

ratings:
Length:
82 minutes
Released:
May 3, 2023
Format:
Podcast episode

Description

Alex Cabañas is passionate about leading and growing a company that makes a profound difference in the lives of employees, guests, owners, industry partners, and the community.  His life mission since college has been to create opportunities for others to be successful.  As President, Alex is focused on strategic planning, people development, pursuing growth and new opportunities, promoting the delivery of memorable customer service and ultimately being the best third-party management company in the industry, acting in the best interest of owners every day.  On this episode, Jake and Alex discuss: How Alex grew a 20-hotel company to 250 hotels via mergers and acquisitions How Hotel M&A works How to run a Global team Integrating teams through Mergers Creating an F&B think tank platform Links: Alex on LinkedIn Pyramid Global Hospitality Willow’s Lodge - Seattle Connect & Invest with Jake: Follow Jake on Twitter Take the Hospitality Investing Masterclass Learn How to Invest with DoveHill Topics: (00:02:17) - Completing a major Merger during the Pandemic (00:12:51) - What are you able to do post-merger that you weren’t able to before? (00:17:20) - How are you creating a culture that fosters retention? (00:19:53) - Is scale and size better in the management business? (00:29:17) - What behaviors thrive at the senior level in Hospitality? (00:34:40) - Mergers and Acquisitions (00:44:32) - What have you learned from your partner, Warren? (00:47:47) - How are you thinking about growing your management company? (00:51:51) - How are you handling the leadership position after all these mergers? (00:53:47) - Structuring a Merger (01:00:57) - How are you integrating the positives from lifestyle hotels with the other assets in your portfolio? (01:04:57) - What have you found to be some of the best ways to win at F&B? (01:08:52) - How are you optimizing costs & hiring? (01:14:29) - How are you thinking about leadership interactions and meetings with your team? (01:18:52) - What is your favorite hotel?
Released:
May 3, 2023
Format:
Podcast episode

Titles in the series (65)

Masters of Moments involves conversations with top entrepreneurs and business leaders about hospitality, Real Estate investing, and company building. We explore the ideas, strategies, and approaches that brought them to where they are today. This podcast is for you if you are a seasoned investor, an upstart entrepreneur, or someone looking to break into the real estate and hospitality investing world. Jake Wurzak is the CEO of DoveHill Capital Management and Wurzak Hotel Group, a leading vertically integrated hospitality investment platform. Since 2011, he’s led the investment of $1.5 billion in hotel assets throughout the country. Follow Jake on Twitter: https://twitter.com/JWurzak Take the Hospitality Real Estate Investing Masterclass: https://learn.jakewurzak.com/ Subscribe to the show on YouTube: https://www.youtube.com/channel/UCzvzdJASDiEXhV9VhkaEoWA Learn How to Invest with DoveHill: https://dovehillcos.junipersquare.com/portal/view_lead_capture_form/MzhmOGE4MTUwMjZhNDZkNmU1MGE0NmYwOTdhZjk2MzAxYzE0MjIzMGdBV1ZEUUFBQUFBQUFBQW9UVzhJVFdzTlRrNkpkSlF1 DoveHill: www.dovehillcos.com