 WHY GUJARATIS OWN 42% OF ALL US HOTEL.   

WHY GUJARATIS OWN 42% OF ALL US HOTEL. Yes, you heard that right. Gujaratis, mainly Patels, own a staggering 42% of all hotels and motels in the country, with a combined worth of more than 40 billion dollars Famously called the 'Patel Motel Cartel, they've taken over the US hospitality sector in the past few decades, owning 22K of the 53K hotels and motels. But how did this happen? Let's look at their story It all started in 1942, when an immigrant named Kanjibhai Desai took over a 32 room motel in Sacramento, California from a Japanese owner who was being evicted to a WW2 camp Desai ran a successful establishment, and always kept his doors open to new immigrants from Gujarat. He also encouraged them to enter the hospitality business It was the perfect business for them. Fluent English isn't required to run a motel, thus being suitable for 1st gen immigrants. And the business came with a house, so they didn't have to buy a separate one What also helped Gujaratis setup their business was the trust they had. They would give each other handshake loans- no collateral, no payment schedule, just pay when you can Once a family purchased a motel, they didn't require any extra staff. The joint family would manage everything, from cleaning to accounting Therefore, the hotels were very profitable Although they had to face very stereotypical and prejudiced customers, their network slowly grew to where they are today, dominating the industry share this video to your friends Follow us on blog: http://www.howtoguroo.online Facebook : https://m.facebook.com/Howtoguroo-100227859020899/?ref=bookmarks Instagram: https://www.instagram.com/howtoguroo/ Twitter: https://twitter.com/howtoguroo?s=09 Pinterest: https://pin.it/r41J7FL How to guroo app: https://www.mediafire.com/download/0vl0en1880eb04r Donate: paytm, phonepe, google pay, PayPal, 👉 +919014110571 #Howtoguroo #PatelMotelCartel #KanjibhaiDesai

Why Gujaratis Own 42% Of All US Hotels | Kanjibhai Desai | Patel Motel Cartel | Howtoguroo

WHY GUJARATIS OWN 42% OF ALL US HOTEL.

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