Grab your copy of the free “Your Independent Hotel Blueprint”.https://hotelierhelpcast.com/hotelier-helpcast-pdf-download  Should You Build or Buy Your First Hotel? | Episode 076 – Beds, Breakfast & Business  In Episode 076 of Beds, Breakfast & Business, we tackle one of the biggest decisions a new hotelier will face: build or buy your first hotel? This isn’t just about square footage—it’s about strategy, lifestyle, control, and timing. 🎙️ I break down the real-world pros and cons of each option, from construction delays and creative freedom to fast-track cash flow and fixer-upper surprises.You’ll learn how to assess which path makes the most sense for your location, target guest, and financial plan—and you’ll hear stories from other hotel owners who’ve taken both routes. Whether you're planning a luxury resort, historic inn revival, or budget-friendly motel reboot, this episode is packed with actionable advice and personality to match. 📌 Episode Timeline: 00:00 – Introduction: Build vs Buy, a lifestyle decision 01:25 – Building your hotel: control, costs, and challenges 03:58 – Buying an existing property: speed, surprises & second chances 06:10 – Budget breakdowns: what it really costs 08:15 – Time-to-launch realities 09:55 – Design freedom vs legacy renovation 11:20 – Walkarounds: why visiting the site can save you thousands 13:10 – Key takeaways + course mention 💬 QUESTION: What’s your biggest fear about building or buying a hotel? Let’s talk in the comments. #Building a hotel #Buying a hotel #HotelOwnership #BuildOrBuy #HotelInvestment #HospitalityBusiness #HotelManagement #HotelStartup #IndependentHotelier #HotelConstruction #HotelRenovation #HospitalityTech ⇒ TO READ OR LISTEN TO THIS EPISODE ON KEYSTONE HOSPITALITY PROPERTY DEVELOPMENT:https://hotelierhelpcast.com/2025/06/how-to-decide-between-building-or-buying-your-first-hotel-076 Grab your copy of the free “Your Independent Hotel Blueprint”.https://hotelierhelpcast.com/hotelier-helpcast-pdf-download🎓 Download the full site inspection checklist inside “The Hotel Owner’s Roadmap: Start, Manage & Grow” → https://courses.keystonehospitalitydevelopment.com/course/the-hotel-owners-roadmap-start-manage-grow/Gerry MacPherson LinkedIn Profile — https://www.linkedin.com/in/gerrymacpherson/Join one of our groupsLinkedIn — https://www.linkedin.com/groups/8811511/Facebook — https://www.facebook.com/groups/thehotelierhelpcastSay hi on socialLinkedIn — https://www.linkedin.com/company/hotelier-helpcast/Facebook — https://www.facebook.com/hotelhelpcast/Instagram — https://www.instagram.com/hotelierhelpcast/ BlueSky — @hotelhelpcast.bsky.social Listen to The Hotelier Helpcast PODCAST herehttps://hotelierhelpcast.com/PodcastYouTube Channelhttps://www.youtube.com/@HotelierHelpcastA Division of Keystone Hospitality Property Development 

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