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.
To be honest with you, one of the reasons we stay away from the cities is the unions. It takes your construction costs and skyrockets them. It also makes it very difficult timeline wise to what we're used to. My partners have built over 450 hotels and they have owned over 50. It's a process wher...(Full transcript available to logged in subscribers.).
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