Moving Mountains Acquires Triumph Mountain Properties
Good Morning Hospitality
12/05/23
•13m
About
Comments
Featured In
In a recent conversation, the CEO & Co-Founder of Moving Mountains, Robin Craigen, discusses the acquisition of Triumph Mountain Properties. Founded by Mike Connolly, Triumph Mountain Properties is a well-established business in the Vail Valley.
The acquisition process involved three conversations over 15 years before finalizing the deal. The best part of the deal is that the Triumph team, including its founder Mike Connolly, will be joining the Moving Mountains team. This strategic acquisition serves to solidify the long-standing market presence of Moving Mountains in the Vail Valley and expand their offering of diverse experiences to their guests.
Looking to the future, while organic growth remains a firm focus for Moving Mountains, they remain open to selective acquisitions that align with their brand standards and market focus.
Read the full story here!
00:25 Introduction and Catching Up
01:13 Discussing the Acquisition of Triumph Mountain Properties
02:39 The Benefits of the Acquisition and Integration
06:07 Addressing the Issue of Owner Churn
08:46 Future Growth and Acquisition Strategies for 2024
11:43 Closing Remarks and Appreciation
Previous Episode
Trends, Challenges, and Future Predictions - Live In Person Episode
December 4, 2023
•22m
In the discussion, we explore the challenges faced by the short-term rental industry, the growing demand for professionalism, and the need for a level playing field with hotels. We also talk about the differences between various types of accommodations, the impact of regulations on the market, and make predictions for 2024. The conversation concludes with insights on the importance of collaboration among operators, the trend for domestic tourism and shorter trips, and anticipations for 2024, which may see a tide of caution and consolidation in the hospitality industry.
00:02 Introduction to Good Morning Hospitality
00:30 Special Offers from Sojo and TravelNet Solutions
01:25 Behind the Scenes: Recording in New York
02:36 Appreciation for New Listeners and Show Recap
03:00 Discussion on New York Regulations and Industry Trends
03:44 Debate on Short-Term Rentals vs Hotels
13:14 Predictions for the Future of the Hospitality Industry
19:50 Closing Remarks and Farewell
This episode is brought to you by our friends and sponsors at sojo and TravelNet Solutions!
Hospitality Hotline & GMC Report!
Hospitality Hotline is open to everyone by using this link!📲https://www.speakpipe.com/GoodMorningHospitality
And don't forget to subscribe to our new monthly newsletter & Good Morning Capital Dashboard! Sign up here!
—
Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts!
This show is structured to cover industry news within all of travel/hospitality and is recorded live every Monday morning at 7 am PST/10 am EST, so make sure you tune in during our live show on our social media channels or YouTube and join the conversation, live!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form!
Next Episode
No Hidden Fees, Airline Merger, Tipping?
December 6, 2023
•36m
In this episode, we delve into various pertinent topics relating to the travel industry. We kick off with the bipartisan No Hidden Fees Act of 2023, which aims to ensure transparency in travel industry pricing.
We also discuss a report by the World Travel & Tourism Council, which shows a significant decrease in the sector's water usage. The proposed Alaska-Hawaiian Airlines merger is scrutinized, exploring both pros and cons.
We also cover new initiatives by the National Park Service to provide free park entry on specific days in 2024. With tipping on the rise, we question if this trend is becoming burdensome and its possible implications. We wrap up with a recap segment reflecting on personal experiences and a pertinent hospitality quote by Winston Churchill.
The GMC Report is LIVE!
Make sure you sign up for our Good Morning Capital Newsletter & Members Dashboard right here!
Hospitality Hotline
Hospitality Hotline is open to everyone by using this link! 📲https://www.speakpipe.com/GoodMorningHospitality
—
Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love, Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday wherever you get your podcasts!
This show is structured to cover industry news within all of travel/hospitality and is recorded live every Monday morning at 7 am PST/10 am EST so make sure you tune in during our live show on our social media channels or YouTube and join the conversation, live!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form!
If you like this episode you’ll love
Promoted