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Making Emotional Deposits: Mitch Patel Featured in HOTELS Magazine

Apr 05, 2018

Making Emotional Deposits: Mitch Patel Featured in HOTELS Magazine

Mitch Patel never figured on joining the family business, but when the opportunity to develop and run a hotel came his way, he didn't waste much time ditching his budding career as a civil engineer. He had seen enough to know that traffic studies and road design weren't going to hold his interest long-term. 

He had grown up helping his parents run several motels, but he had never managed, much less built, one himself. Undaunted, he cashed in his US$3,000 savings account, cobbled together small loans from family and friends and convinced a local lender to bet on him. He designed the site, served as a contractor, hired subcontractors, got the Homewood Suites by Hilton up and running and launched it as the general manager. He picked up the requisite skills the hard way - on the job. 

-- from HOTELS Magazine

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