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all facets of our operations. Our accounting department, boasting over 60 professionals, is widely regarded as the best in the industry. Our revenue team excels in understanding the seasonal fluctuations of our business. Our distinct approach to managing food and beverage sets us apart, as few entities manage both hotels and F&B. We tailor F&B concepts to individual assets, focusing on the unique customer base and positioning of each property. This core competency has been instrumental in the success of our F&B offerings. ML: As Miami is known for its vibrant food scene, can you tell us more about Think Hospitality’s approach to food & beverage and the role it plays in enhancing the guest experience? SV: Quality sourcing of products and food is at the heart of our F&B concept. We prioritize fresh, non-frozen items, differentiating us from most restaurants focused on profit margins. This strategy has not only maintained quality but also attracted more clientele to our F&B establishments. As we expand our culinary division, we continually upgrade our existing restaurants. ML: Sustainability is an increasingly important aspect of the hospitality industry. How is Think Hospitality incorporating sustainability into its operations and contributing to a more eco-conscious approach within the industry? SV: Furthermore, all of our to-go items are biodegradable, including forks, knives, and straws made from materials like sugarcane and bamboo. ML: Think Hospitality manages a diverse portfolio of properties. Could you share some examples of standout success stories or projects that exemplify the company’s approach and values? SV: Notably, we recently assumed management of the Costa Hollywood property from a previous operator. Within the first three months, we achieved their projected 2022 EBITDA, and the property is now on track to triple its EBITDA in our first 12 months of management. This particular asset, a condominium-hotel with various retail outlets, parking, a rooftop pool, and a restaurant, benefited from our deep understanding of real estate and our ability to introduce efficiencies the prior operator could not match. ML: What is your vision for the future of Think Hospitality, and how do you see the company evolving in the coming years in response to changing industry dynamics and guest preferences? SV: Additionally, we recently inaugurated the Showboat in Atlantic City, featuring a 150,000-square-foot indoor waterpark, a 900-unit arcade, and a 1,200-key hotel. Our company’s versatility and scalability have allowed us to take on diverse projects, and we anticipate the inclusion of New York in our future endeavors. For more information, visit: thinkhospitality.com. By ML Staff. Images courtesy of Think Hospitality