Geek Estate Mastermind Newsletter #33 and #34 – AccorHotels & Air France-KLM, and The Best Locations Move People
Since Geek Estate Mastermind Newsletter #32, which was about Hello Alfred, there have been two editions published. The topic of #33 was AccorHotels’ potential investment in Air France-KLM, while #34 talked about how the best locations move people somewhere else (written by Greg Fischer).
#33: Some of you know AccorHotels is the largest hotel group in the world, outside of the United States. Skift ran an article recently talking about the possibility of AccorHotels buying a minority stake in Air France-KLM, an airline with a 14.3% stake currently owned by the French government. The question is why would such an investment make sense for one of the world’s largest hotel brands? A hint: Vertical Integration, Touch Points, and Loyalty.
#34: Greg dug into the idea that the Best Locations in Real Estate Move People Somewhere Else. Bubbling beneath the surface of the intense negotiations with North Korea is a story about real estate development in South Korea centered around the promise of a transcontinental train route that would finally connect the isolated country to China, Russia, and potentially Europe. What does the future hold? Access to where people want to work and play impacts living locations. While today that often means living in the same place, tomorrow it could mean living as far away as possible or on the other side of the tracks.
A few of the curated articles referenced over the past two weeks:
- By automating code compliance, UpCodes AI is ‘the spellcheck for buildings’ in TechCrunch. UpCodes AI is a plug-in that scans 3D models created with building information modeling (BIM) data and alerts architects about potential issues. Sounds awesome in theory/concept. In reality, it’s beyond complex with very real questions on their ability to execute.
- The Top 10 Reasons People Can’t See The Crypto Light by Lou Kerner. Is crypto a total scam, or is the light just (still) really dim?
- Getting Down Payment Help Now. Sharing Home’s Gain (or Loss) Later in the New York Times.
- Amazon’s latest focus on hotels comes via Alexa on Tnooz. Amazon clearly has much grander ambitions for Alexa than simply powering the home.
- MetaProp NYC Raises $40M for Second PropTech VC Fund in Commercial Observer. The new fund will invest between $150,000 and $2 million in up to 40 new real estate technology startups.
- News came out that British Columbia has outlawed the practice of dual agency.
As a reminder, the purpose of Geek Estate’s Mastermind is two fold:
- Curate the world’s most innovative and diverse community of real estate creatives, doers, and pioneers.
- Make our members wildly successful in their careers building real estate companies.
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