
Bloomberg Businessweek Weekend - November 11th, 2022
Bloomberg Businessweek
00:00
What Kind of Growth Are You Seeing?
We expect to be profitable by the end of 2024. We don't own our properties, we operate them like Hilton and Marriott via management agreements. That's an asset light, minimally capital intensive model. Our capital expenditures are less than 1% of our revenue. High margin, just very low cash burn business even at this earlier stage of our life.
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