June 2, 2025
Profit Starts at the Property: Greg Kennealy of Peregrine on Getting Back to Basics
Recorded this morning live at IHIF NYU hospitality conference, #NoVacancyNews Glenn Haussman sits down with Greg Kennealey, CEO of Peregrine Hospitality, to unpack the realities of operating, investing, and thriving in today’s uncertain hotel landscape.
📌 Highlights from this episode:
How Peregrine focuses on what they can control — guests and employees — to drive long-term profitability
Why “no cash registers at the corporate office” is more than a saying—it’s a strategy
The truth about today’s slow transaction market (and why that might be an advantage)
What disciplined #HotelInvestment and acquisitions look like in a market with low new development
Strategies for identifying underperforming hotels and transforming them into high-performing assets
The surprising reason Greg isn’t sleeping better heading into 2025
Special thanks to our sponsor Actabl – Actabl gives you the power to profit.
💻 Visit them at Actabl.com
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