190 – TMG Hospitality Trailblazers: Ben Rafter

As 2025 closes out, the Suite Spot wraps up with the latest inductee into the TMG Hospitality Trailblazers. CEO of Hotel Equities, Ben Rafter, joins the podcast to discuss all things hospitality and technology and how these two components come together to make the perfect guest experience for travelers. Ryan Embree: Welcome to Suite Spot, where hoteliers check in and we check out what’s trending in hotel marketing. I’m your host, Ryan Embree. Hello everyone, and welcome to another episode of The Suite Spot. This is your host, Ryan Embree here with a very exciting, informative episode continuing our TMG Hospitality Trailblazers. This is our series where we are talking to those industry leaders and brands, management companies that are paving the way forward. I’ve got an absolutely amazing guest, I’m excited to speak with him today. Ben Rafter, CEO of Hotel Equities. Ben, thank you so much for joining the Suite Spot. Ben Rafter: Thanks, Ryan. Looking forward to it. Ryan Embree: Yeah, we’re gonna have fun conversation, talk all about hotel equities, but on the Suite Spot we do a little tradition where instead of just doing your normal bio, I actually like handing it over to our guests to kind of talk through their hospitality journey. because sometimes you get a little bit more insights. Us hospitality people, we got mentors. We come from different brands, sometimes fall into hospitality, quite frankly. You know, talk to us, our Suite Spot hotel audience, a little bit about your hospitality journey and what led you to your role as a CEO over at Hotel Equities. Ben Rafter: Sure, I fit into the fall into it category, without a doubt. I was a, uh, tech guy for better part of 15 years, mostly startups. Sold two of ’em and after selling, the second one was locked out of the industry for a year and got a phone call from a hotel guy. And he said, what are you doing? You want to come to Mount Everest with me? And just because nothing better to do for the next month. We packed up and headed over to Nepal and on about the third day he said to me, so what do you think of the hospitality industry and hotels? And it was dumb enough to open my mouth and give him my opinion that you needed to sort of fuse together larger than life hoteliers, which was his background and kind of quant tech data, guys like me. And over the next 20 days, we hashed out starting a hotel company literally on the side of a mountain, in this case. And after that ended, it was 2008, the market crashed. We had a new president. I flew to Hawaii and we started with four hotels in Hawaii. And it’s been nonstop ever since. So definitely not a traditional way to get into the industry. Ryan Embree: Yeah, yeah. You give new meaning to kind of climbing the corporate ladder, so to speak, when, when talking about that. But I think that’s what honestly makes hospitality so fascinating. Because yours, honestly, a lot of the majority of the guests we talked to Ben, hospitality was not their final destination, so to speak, what you were talking to. But I think it brings new perspective and obviously insights into an industry that, quite frankly, we’re gonna talk about it in a minute, but needs some more technology integration into hospitality right now. And to fast forward to today, obviously a strategic merger in May, 2025 with Springboard Hospitality. It’s been extremely busy second half of the year for you and your team, including a couple exciting announcements we’re gonna talk about in a second, Ben. But, you know, can you share some of the biggest kind of takeaways and lessons you’ve learned for the business, over this past six months? Maybe give us a state of the Hotel Equities as you would say. Ben Rafter: Yeah, absolutely. I mean one thing, coming from sort of independent and generally either gateway market or leisure focused. You learn how diverse some of these markets are and how much different it is running a courtyard or a Rest Inn or a Hampton in a suburb versus running

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