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Ideas that change how we build.

Analysis, books, interviews and arguments that sharpen how our community understands business, ownership and leadership.

36 STORIES
27IDEAS · ARTICLE9 MIN READ
Black hospitality executive discusses hotel financing and operations at an unbranded hotel front desk with a key card and building model nearby.

The Capital Stack Behind Hotel Ownership

A hotel can fly a global flag while ownership, debt, management fees and operating risk sit somewhere else. Black hoteliers are navigating that layered business one property, partnership and financing round at a time.

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