Show notes
In this conversation, Daniel Lesser, President and CEO of LWHA, shares his extensive journey in the hospitality industry, discussing his early influences, career milestones, and the evolution of the hotel sector. The dialogue emphasizes the resilience of the industry and the opportunities that arise from current challenges. He highlights current trends, challenges, and opportunities within the industry, particularly focusing on RevPAR, EBITDA margins, labor issues, and the impact of economic conditions. Lesser also addresses the polarization of chain scales, emphasizing the resilience of luxury hotels amidst broader economic challenges. He explores the evolving landscape of the hospitality industry, focusing on renovation trends, capital challenges, and the impact of technology. They discuss the importance of adapting to market demands, the role of residential components in new developments, and the necessity of preparing future leaders for a tech-driven environment. Chapters: