NYU IHIF: Profit Starts at the Property - Peregrine CEO on Getting Back to Basics
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Recorded this morning live at NYU IHIF, hashtag#NoVacancyNews sits down with Greg Kennealey, CEO of Peregrine Hospitality, to unpack the realities of operating, investing, and thriving in today’s uncertain hotel landscape. 📌 Highlights from this episode: How Peregrine focuses on what they can control — guests and employees — to drive long-term profitability Why “no cash registers at the corporate office” is more than a saying—it’s a strategy The truth about today’s slow transaction market (and why that might be an advantage) What disciplined hashtag#HotelInvestment and acquisitions look like in a market with low new development Strategies for identifying underperforming hotels and transforming them into high-performing assets The surprising reason Greg isn’t sleeping better heading into 2025 Special thanks to our sponsor Actabl – Actabl gives you the power to profit. 💻 Visit them at Actabl.com
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