In this new episode of The Hospitality Edge Podcast, we have the pleasure of speaking with Michael Broussard, the founder and CEO of Broussard Properties and the Broussard STR Investment Fund. Michael shares his remarkable journey from working with major property management firms to creating a thriving boutique vacation rental business.
We dive deep into the strategic benefits of property ownership, the exciting potential of international expansion, and the vital role the community plays in building a family-oriented business.
Join us for a conversation filled with valuable lessons for entrepreneurs in the hospitality and real estate sectors.
What You'll Learn:
The critical difference between owning properties versus managing them for others and its impact on long-term profitability.
How to identify and capitalize on lucrative real estate markets, both domestically and internationally.
The steps involved in setting up a successful real estate investment fund and navigating complex legal requirements.
The value of strategic partnerships and networking, particularly in foreign markets like Saudi Arabia.
The importance of community engagement and corporate social responsibility in building a legacy business.
Insights on adapting to market changes and regulatory challenges in the vacation rental industry.
I’m excited for you to join us in this engaging discussion packed with practical advice and inspiration!
