“These stories can only be told by us.”
Those words are written by Bharat Shah, an American hotelier and an immigrant from India, in his autobiography “America My Destiny.”
Bharat’s son, Mit, is founder and CEO of Noble Investment Group, which has $3 billion of private equity invested in hotels throughout the country.
Together, father and son decided to share Bharat Shah’s story with the world. They did that in 2014, in front of a packed auditorium in the Rialto Theater on the campus of Georgia State University in Atlanta.
Since then, The Bharat Shah Leadership Speaker Series has grown into an endeavor that has introduced thousands of aspiring leaders to top executives in the U.S. hospitality industry: Chris Nassetta, Arne Sorenson, Tom Baltimore, Mark Elliott, and Mark Hoplamazian.
Mit shares the beginning of his storytelling journey and what he’s learned about business, leadership and himself while prepping for and conducting the interviews. We also feature segments of the recorded interviews with all of the guests.
Hotel owners and operators who believed they could go it alone before the coronavirus pandemic devastated the hotel industry are having another think and turning to third-party managers to work their way back to profitability in the post-pandemic recovery. Another trend contributing to the growth in third-party managers’ business is more commercial real estate investors armed with cash entering the hotel sector and in need of an experienced operations team. Episode 321 of Lodging Leaders podcast explores the growth of third-party management companies over the past 12 months. This report is part of Lodging Leaders’ coverage of the coronavirus crisis and its impact on the hospitality industry.
The Ever Given container ship running aground on March 23 in the Suez Canal got worldwide attention, but it is just one of many reasons for the breaks in the global supply chain that are impacting the U.S. hotel industry’s post-pandemic revival plans. Shipping companies in Asia and Europe are contending with a boatload of challenges, including a lack of containers, traffic jams at West Coast ports and increased costs. Long Live Lodging explores what the problems mean to hotel owners and developers eager to refresh their properties and welcome guests back.