{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Defining Hospitality","title":"Beyond the Front Desk - Walter Peseski - Defining Hospitality","html":"","width":"100%","height":180,"duration":3147,"description":"In this episode of Defining Hospitality, Dan Ryan sits down with Walter Peseski, Senior Vice President of Asset Management at Garfield Public Private, to explore the often misunderstood world of hotel asset management and public private partnerships. Sponsored by BERMANFALK, this discussion uncovers how cities, universities, and hospitals are leveraging creative financing structures to build hotels that serve as economic catalysts for entire communities.About the Guest:Walter Peseski is the Senior Vice President of Asset Management at Garfield Public Private, a firm specializing in public private partnerships for hotels, convention centers, and cultural infrastructure. With over 20 years of experience in hotel operations and asset management, Walter has built a career bridging the gap between public entities and private developers to bring transformative hospitality projects to life. An adjunct professor at Dallas Baptist University and contributor to Hotels Magazine, Walter is passionate about educating the next generation on the full scope of opportunity that exists within the hospitality industry that goes far beyond the front desk.Chapters:01:00  Introducing Walter Peseski02:00 What Does Hospitality Mean to You?03:00 The Valentine's Day Server Story05:00 When Was the Last Time Service Was Memorable?06:00 What Makes Garfield Public Private Unique?09:00 The Role of Asset Management vs. Hotel Management Companies13:00 How Ownership Groups Get Involved15:00 When Does Third Party Asset Management Make Sense?17:00 Hotels Are a Different Beast Than Multifamily19:00 Navigating Brand Standards & CapEx21:00 Hilton's Carrot and Stick Fee Structure23:00 Downscaling Brands & the \"Under Demolished\" Theory27:00 Blind Spots Small Operators Miss29:00 The F&B Double Edged Sword33:00 When Brand Standards Become a Straitjacket34:00 What Makes a Good Deal vs. a Great Deal in Public Private36:00 Why Cities Invest in Hotels38:00 Where Garfield Is Seeing the Most Opportunity39:00...","thumbnail_url":"https://img.transistorcdn.com/jOMZku2zhfiEl2keEgoTu9dN4zv3kAryH7e0rdfDrqM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzM5MzU3LzE2ODE4/MjI1NTUtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}