I was looking at OpenTable data and Hotel Data this week. As I am back in SF, I have been looking to catch up with friends over dinner.
I can’t imagine how painful it must be to own a boutique hotel or a restaurant. Aside from the many that have gone bankrupt, the ones that survived are still operating under capacity.
The same goes for hotels. I flew 20+ times since October, both in Brazil and in the US. This past weekend my MIA-SFO was completely full. Good.
It’s coming back. Slowly, but coming back. Let’s go America. Let’s come back.
Fortunately, institutional investors in Brazil now understand that they must have a better, diversified portfolio across all asset classes.
In this episode, I have a chat with Marvin Liao, partner at GAMEGROOVE Capital, an LA-based video game holding and investments company.