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Podcast: No Vacancy Live!
Episode: Why Management Companies Matter in Hotel Deals | Mark Crisci – Azul Hospitality
Description: Management companies don't always get top billing in deal conversations… but they should. At The Lodging Conference, I sat down with Mark Crisci, Principal & Chief Investment Officer at Azul Hospitality, to dig into the real role management companies play in transactions—especially in a slow market. Here's what stood out: 👉 With deal flow down, management changes are often triggered by lender involvement rather than new owners. 👉 Azul approaches every potential takeover carefully. If the current operator's performing well, they say so. If it's broken, they explain exactly how they'll fix it. 👉 Mark stressed the...