#13 - Sims Foster: the future of the hospitality industry, and doing business for local good

MAR 9, 202181 MIN
Under the Current

#13 - Sims Foster: the future of the hospitality industry, and doing business for local good

MAR 9, 202181 MIN

Description

<p>Sims Foster is co-founder of Foster Supply Hospitality - a group of rurally independent small hotels and restaurants based in New York's Catskills Mountains.</p> <p>In this conversation we get into facing up to the inevitably of hundreds of tiny failures, finding thought partners, the importance of the practice room, how the hospitality industry could rethink the ways it trains talent, and why local matters.</p> <p><br></p> <p><strong>Show Notes</strong></p> <p>05:00 Introducing Foster Supply Hospitality (and a rogue refrigerator)</p> <p>08:00 Why the Catskills is such a storied region, and how it’s changed so dramatically in the past few decades</p> <p>15:00 Starting in hospitality: from dishwashing to digging into data</p> <p>25:00 Bringing a music sensibility to the hospitality business - and the importance of the practice room</p> <p>33:00 Facing up to the prospect of constant tiny failures</p> <p>36:00 The future of training in the hospitality industry</p> <p>45:00 How Sims assesses new hotel and restaurant opportunities</p> <p>50:00 Underrated factors that make or break a hospitality company</p> <p>54:00 The colossal financial failure - and making a recovery</p> <p>63:00 Seeking out thought partners… and working with your life partner</p> <p>70:00 Recognizing crisis, and moving forward</p> <p>77:00 The importance of doing business for local good</p>