Jacob Wright is a successful entrepreneur in many realms of the hospitality industry. A serial entrepreneur who started his first business at age 18, Wright has founded and led successful businesses in the action sports, website development, real estate development, restaurant and hotel industries. He is co-founder and president of Action Companies Group, which develops, manages and owns restaurant and hotel properties. From his base in Syracuse, N.Y., Wright leads a team of 200 associates who are now focused on building leadership in the limited-service hotel segment.
When I first started doing it, you're saying, Why do I have to include laundry expense line item on this hotel that I want to build three years from now? But it is extremely important. It's got to all be there because you'll go to an investor that knows hotels and it's, Where's the laundry expense...(Full transcript available to logged in subscribers.).
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