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The State of Venture Capital in Hospitality with Mike Scott

Mike Scott co-founded Derive Ventures in 2021 and currently serves as a Managing Partner. Prior to co-founding Derive, Mike spent over 3 years as a private equity investment professional at KSL Capital Partners. At KSL, he had over $4bn of transaction experience covering U.S. hospitality, timeshare, all-inclusive resorts, travel distribution, gaming and alternative accommodations.

This week, Mike joins us on Good Morning Hospitality to discuss all things venture capital and the hospitality industry from the hotel & short-term/vacation rental perspective.

Industry News: 

  • Mews Acquires Hotello (Link)
  • Whimstay Raises $10M in Series A Funding (Link)

AirDNA’s Fact of the Week: 

The EPIC record snowfall has allowed extended seasons for several ski destinations including Mammoth Lakes (Mammoth Mountain), Sawtooth Mountain (Sun Valley), and Park City, Utah.  April demand is pacing more than 30% higher than this time last year in each of these areas and is over 70% higher in Mammoth Lakes, where snow has been so abundant that the resort is currently expected to stay open until July, potentially contributing to demand in the Mammoth Lakes market for several more months. 

Show Notes: 

  • HFM Merch Store! 10% off for GMH listeners that use this link
  • TravelNet joins GMH as an official sponsor! Click this link to check out their special offer for our listeners!

  • AirDNA also joins GMH as a sponsor! Register for a free account, then search the market you want to purchase and enter the discount code: GMH20 at check-out!

Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original.

This show is structured to cover industry news within all of travel/hospitality and is recorded live every Monday morning 7am PST/10am EST so make sure you tune in during our live show on our social media channels or YouTube and join the conversation, live!

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