035 | The Price, Leverage and Efficiency Formula for Success with Peter Bhai

Piyush “Peter Bhai” Bhaidaswala is Founder and Chief Executive Officer of SSN Hotels – a rapidly growing hotel management, development, and investment group in the Northeast. In just over 20 years, they have grown to oversee 14 select service and 3 developing hotels in over five states, representing brands such as Hilton, Marriott, IHG, Choice, and Wyndham.

Last year, Hotel Business ranked SSN Hotels #85 in their Top 100 Management Companies of 2014 report.

LL035-Peter_BhaiSSN Hotels is well known for achieving superior results in operating hotels because of their ability to blend the science of hotel management with the art of hospitality. It is a formula that works, producing outstanding results. Using the latest technologies from feasibility studies, to up-to-date budget variance reports, SSN can respond quickly and efficiently to a changing market. But even the most sophisticated information systems will not ensure successful results. That is where SSN’s combined talent and expertise make the difference. It is a winning combination for both guests and investors.

In This Episode, Peter Talks About:

  • Immigrating to the United States with his family in 1981 at the age of 13, and helping his parents operate a small motel outside of Atlantic City, NJ.
  • Going to school for engineering and working in that field for several years, then listening to that entrepreneurial voice inside that wanted him to do his own thing.
  • Quitting his day job, taking some time to evaluate his options, then going with what he knew best … hotels.
  • Buying his first property in 1994 – a distressed property that he turned around and sold just 4 years later at a substantial profit.
  • Scaling, and the mindset shift he had to go through from single to multi property ownership.
  • The steps he took to build the infrastructure required to support his growing portfolio.
  • Family values – the incredible support of his wife, and some of the character-building experiences he has provided his daughters.
  • A failure he experienced along the way, and the powerful lessons he learned from it.

Resources & Links

Peter Bhai

  • Email: peterbhai[at]ssnhotels.com

SSN Hotels

5159 W Woodmill Dr, Suite 15
Wilmington, DE 19808
Phone: (302) 738-3198

Thanks for Listening!

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Until the next …

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