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Hotel Pitch Competition Helps Women Get $50K in Free Equity in Hotels
Officials of She Has a Deal, an annual hotel investment pitch competition for early-career women, have announced its five finalists selected to advance to the final round to compete for the prize of $50,000 in hotel deal equity.
During the preliminary judging round, 14 teams comprised of 28 participants pitched their hotel investment acquisition or development plans live on Zoom to a judging panel of top-level hotel business executives, entrepreneurs, and investors. The judges evaluated and selected the following five teams:
CityTerrace Ventures: Nancy Guzman and Marlene Reyes from Cornell University
Datcher: Joanne Angbazo, Kristen Collins, and Lera Covington from Cornell University
Fernweh Partners: Meaghan Carfrey, Nikki Gonzales, and Viviana Wilkins from San Diego State University
Lodgingo: Eng Ea and Regina Yoo from New York University
Phoenix Capital: Chelsea Lawson from University of Houston and Heaven Douglas from Howard University
The teams, who started the “She Has a Deal” process in November 2019, completed more than 12 hours of intensive hotel investment education to learn how to source, evaluate and raise capital for a real hotel deal.
Pitches included ground-up construction, adaptive reuse, reflags, and conversions of hotels in markets ranging from Silicon Valley to suburban Atlanta to theme park-adjacent Orlando.
For more information, visit www.shehasadeal.com