logo
episode-header-image
Apr 2024
1h 6m

How to Lead a Hospitality Operating Team...

Jake Wurzak
About this episode

John Grossman is the CEO of Marc & Rose Hospitality, a collection of iconic resorts and hidden gems born of the America West with a passion for hard work, hospitality, and high-flying adventure.


This is a replay of the well-received episode #2 of Masters of Moments where Marc & Rose was known as Classic Hotels & Resorts.


In this episode, we discuss:

- Sourcing deals & developing strategy

- Leading an operating team & executing on a vision

- Hospitality trends over the next decade


John Grossman:

Marc & Rose - https://marcandrosehospitality.com/

Grossman Company Properties - https://www.grossmancompany.com/


Connect & Invest with Jake:

Follow Jake on Twitter: https://twitter.com/jwurzak

Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/

Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo


Topics:

(00:00:00) - Intro

(00:03:30) - Introducing John & his portfolio

(00:05:55) - What is it about leisure and independent hotels that is attractive to you?

(00:07:40) - How have you avoided the franchising model after all these years?

(00:09:12) - How do you approach the infrastructure of your organization?

(00:09:59) - Why are folks who’ve come from places like Ritz Carlton and 4 Seasons a great fit for you?

(00:11:40) - What are your criteria when you’ve found a market you like?

(00:15:15) - How are you finding these properties when there are moratoriums on hotel doors?

(00:18:42) - How do you plan out how each hotel will look once you’ve acquired an asset?

(00:21:17) - How do you underwrite your deals?

(00:26:43) - How do you think about who the guest is going to be?

(00:29:18) - Who handles the design for your hotels?

(00:32:56) - What are you prioritizing as you set your budget?

 (00:36:36) - What makes the best designers truly great?

(00:39:42) - Are you prioritizing public spaces over guest room decisions?

(00:43:01) - How are you creating “Moments” without focusing on the F&B side of the property?

(00:45:36) - Is there a variable when you’re analyzing a new investment some would find surprising?

(00:50:37) - Is being vertically integrated your best competitive advantage?

(00:53:39) - How involved are you in setting the mold of the brand narrative for the designers?

(00:57:22) - What are the big trends that you’re thinking about over the next 5 years?

(01:03:18) - What is your favorite hotel?

Up next
Nov 5
Experience is the New Asset Class - Sean Hehir - President & CEO - Trinity Investments
In his return to Masters of Moments, Sean Hehir joins Jake Wurzak for a deeper dive into the future of hospitality, technology, and investment strategy. Building on their first conversation, Sean shares how his firm has embraced AI to transform operations and asset management, us ... Show More
1h 15m
Oct 22
Elevating Hospitality Through Light, Sound, and Space - John Grossman - CEO of Grossman Company Properties
In his second appearance on Masters of Moments, John Grossman joins Jake Wurzak for a deep dive into the philosophy behind his company’s approach to design, operations, and long-term ownership in hospitality. John discusses why “not fighting the building” remains a guiding princi ... Show More
1h 21m
Oct 15
Inside Dovehill's Latest Acquisition - Charles Paloux - Chief Investment Officer - Dovehill
In this episode of Masters of Moments, host Jake Wurzak sits down with his colleague and DoveHill’s Chief Investment Officer, Charles Paloux, to discuss their firm’s recent acquisition of the White Barn Inn in Kennebunkport, Maine. Jake and Charles take listeners behind the scene ... Show More
1h 5m
Recommended Episodes
Feb 2024
Danny Meyer - The Power of Hospitality - [Invest Like the Best, REPLAY]
Today, we're replaying my conversation with Danny Meyer. He is the founder and CEO of Union Square Hospitality Group, which comprises some of the most acclaimed restaurants in New York, like Gramercy Tavern and Union Square Café. Danny is also the founder and chairman of Shake Sh ... Show More
50m 17s
Oct 2021
Tuesday’s Tips — How to Create Early Stage Company Values
Are you an early-stage company? Are you in the process of creating a new division or product? Now is an excellent time to create some company values for your business. It’s actually quite simple! You know the importance of creating company values, but you’ve got an early-stage co ... Show More
4m 35s
Nov 2024
Ideas: How To Turn Your Dreams Into Business Reality
You've had a brilliant business idea. At least, you think you have. What do you do next? Evan Davis speaks to three successful entrepreneurs- including former contestants on The Apprentice and Dragons' Den. Where do the best ideas come from and how do you know when they are worth ... Show More
33m 16s
Mar 2025
Why the Smartest Brands Are Thinking Like Hospitality Companies in 2025
<p>I recently sat down with my guy <strong>David Rodolitz</strong>, one of my co-founders at <strong>VCR Group</strong>, for an awesome convo on <em>The Stanza</em> podcast with Nadine — and I knew I had to share it with you here.</p><p>This episode isn’t just about hospitality. ... Show More
58m 45s
Sep 2024
123. The Truth About Why I Left My Dream Job with the Los Angeles Lakers
The day has finally come, Brayden has officially quit the Lakers. Today, he goes into what his tenure filming for the Lakers was like, and why he ultimately decided to leave his dream job. We want to help you take your creative business to the next level and have you finally land ... Show More
1h 10m
Nov 7
Inside the World of Hotel Marketing
Ever wondered what it’s like to be a luxury hotel marketer? In this episode of the DMI Podcast, host ⁠⁠Will Francis⁠⁠ speaks with Mary Beth O’Connor, an experienced hospitality marketing professional whose career has taken her from international sales to Director of Sales & Marke ... Show More
49m 37s
Dec 2024
How To Pitch Your Product Without Being Too "Salesy" | Scott Clary
<p>Learn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, &amp; softwares. https://www.wealthyinvestor.com/<br/>---<br/>On today’s episode of The Wealthy Way, I sit down with Scott Clary, a powerhouse ent ... Show More
1h 11m
Jun 2025
🏖️ Tommy Bahama's Beach Chair: Fake Dude, Real Billions | 34
Tommy Bahama (spoiler) wasn’t founded by a man named Thomas with a Caribbean address. Rather, this classic lifestyle brand began with two longtime friends and coworkers at a failing apparel company. Facing unemployment at age 50, they channeled their inner Hemingways to invent a ... Show More
40m 53s
Feb 2025
The Man That Makes Millionaires: Turn $100 to $10k With This Step By Step Formula & Build An Audience From 0 Followers! Alex Hormozi
Are these simple things keeping you broke? Alex Hormozi reveals the biggest business lies you’ve been told and the formula to turn $1,000 into $100 million   Alex Hormozi is an Iranian-American entrepreneur, investor, philanthropist and founder of Acquisition.com. He is the auth ... Show More
3h 15m