Brian Searl:
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Welcome everybody to another episode of MC Fireside Chats.
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My name is Brian Searl with Insider
Perks and Modern Campground.
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Hopefully we're actually live guys.
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If not we'll just have to like
premiere this as an episode later.
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I hit the go live and it was like, I
don't know if I want to go live and
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just sat there so I pushed it again
and it said stop and then we started.
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So I don't know if everything's in
chaos now, but either way we'll have
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a good episode and we'll premiere
it live if we need to later on the
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different various social media networks.
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So how's everybody doing today?
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We're excited to be back for our
third week episode of July already.
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Can you guys believe summer
is almost over already?
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Wendy Heineke: Crazy.
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Brian Searl: Like yeah, I feel like time
is just going crazy in:
2026
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Exciting year.
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So let's just go around and
briefly introduce ourselves.
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We have a couple of current guests.
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We have Mike Harrison from CRR.
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We have Sandy Ellingson who may or may
not be able to talk, she's driving down
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the road which feels extremely unsafe.
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Uh, I wanna just sign a disclaimer
of liability with her to absolve my
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trail of all issues should she get
distracted on the road or something.
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But, uh, and then we have a couple
special guests, so let's just go around
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the ribbon, introduce ourselves, and
briefly tell us about yourselves.
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You want to start Mike?
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Mike Harrison: Sure.
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There's no way Sandy is driving.
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Look how she's sitting in the chair.
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Like if she's driving in that current
seated position, I I like I don't
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know, she got her feet up or what.
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But uh yes, good afternoon.
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Happy summer.
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Uh happy mid summer I guess.
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I mean we're almost exactly at the
halfway point through the year.
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My name is Mike Harrison, uh Chief
Operating Officer of CRR Hospitality.
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We own and manage uh beautiful
luxury RV resorts, uh manufactured
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home neighborhoods, storages, car
wash, a lot of different type of
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uh assets and hospitality assets.
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And we also do third party management
and consulting uh for many uh
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clients in the industry as well.
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Brian Searl: Thanks for being here Mike.
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Love your background.
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Sandy, can you introduce yourself?
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Sandy Ellingson: Yes I am on
the road but I am not driving.
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So Mark is driving and Morgan is
sitting beside of me which is why I have
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to sit sideways.
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Uh
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but I am Sandy Ellingson.
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I'm an industry advocate.
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I go and advocate for my campgrounds
and my campers with the industry.
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And to make sure that they understand how
important we are and how they need to work
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with us and all those kinds of things.
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And I love it.
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Brian Searl: Okay, I
think I figured it out.
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I think her camera is reversed.
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That's why we thought she was driving.
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Okay.
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It's a mirror image, like right?
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Unless you're in Europe driving,
that doesn't make sense.
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Wendy Heineke: Has to be.
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Brian Searl: Okay, now
I got it figured out.
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Sorry.
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Wendy, go ahead.
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Wendy Heineke: Wendy Heineke, I'm
with Hospitality Across America.
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Thank you for having me.
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It's exciting to, this is my first time.
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Anyways, um I actually simply put,
I assist outdoor uh hospitality
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owners to figure out where the
money's leaking and how to fix it.
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Um I've got about 30 years of
hospitality experience, all hands
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on and I'm a chameleon by design.
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Um everything, anything that
a uh property owner or manager
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needs, I'm there to help them.
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And um I'm an RVer myself, so I I
love seeing Sandy traveling right now.
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And I see the places where the guests
want to go and that's where I get to go.
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Brian Searl: Awesome.
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Thanks for being here Wendy.
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Excited to learn more
about Hospitality America.
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You and I have crossed paths I
think once or twice before, but
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excited to see all the new things
that you're into since then.
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Wendy Heineke: Yes.
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Brian Searl: I'm sure you guys
are evolving and changing.
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Uh, Tyler?
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Tyler Otto: Yes, Tyler Otto
with Specialized Accounting.
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We're outsource accounting services
for the hospitality industry.
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So started this firm after my career
uh with places like Vail Ski Resorts,
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Montage Hotels, um independent
lodging company that didn't do so
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well during the pandemic, hence why
I was a free agent to start a firm.
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Uh yeah, 2020 wasn't great for hotels.
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Who knew?
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Uh and we serve, our team
of 18 serves primarily just
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hospitality clients across the US.
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A lot of hotels, marinas,
campgrounds, RV resorts.
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That's where we live,
that's where we specialize.
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And we have a lot of fun doing everything
from the monthly accounting, tax
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strategy, planning, filing, advisory,
and everything that comes with
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what you want out of an accountant.
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And Corben, our customer
success manager is here.
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I mean he's the one
that talks to everyone.
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Corben, what did I miss?
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Corben Tannahill: That's the main point.
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Yep.
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So we love working with those folks.
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Um if you reach out to us, I'll be just
the front guy at the gate and then pass
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you off to the real brains of the outfit
like Tyler and the rest of our team.
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Brian Searl: All right, my
opening question is for Tyler.
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Tyler, with the new big beautiful tax
bill that we got from Donald Trump,
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how can a campground not pay any taxes?
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Tyler Otto: That's always
the question, right?
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Brian Searl: Do they need to do
research and development on their
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property, or what needs to happen?
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That's what I wanna question.
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Tyler Otto: Well I mean there's
there's the easy answer.
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You don't want to pay anything
in taxes, don't make a profit.
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Like there's the easy answer.
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Solved.
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Brian Searl: Slightly problematic.
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Tyler Otto: Yeah I know.
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So then beyond that it's always
the games of what are you know
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what are the long term goals?
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Because you're not going
to avoid taxes forever.
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It's well when are you
going to have income?
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What are you doing in the future?
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Do we want to take depreciation now?
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Like the the if people's goal is
just to mitigate taxes this year,
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they're they're forfeiting the entire
strategy of what are they doing later
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in life and when do you really want
your bracket to come down or not.
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And that's a lot of the things
we're advising clients on.
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But yeah with the big one big beautiful
bill uh you know the easiest things
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is bonus depreciation is back.
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So we do a lot of cost segregation
studies and speeding up what we can
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just depreciate to get a loss on
paper but money in your bank account.
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Brian Searl: Well and I joke about the
one big beautiful bill because that's the
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one thing everybody's paid attention to.
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Obviously there's lots of nuance between
everything else that goes into accounting.
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I know it intimately well having a US
company and a Canadian company and a
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personal LLC in the US and all kinds of
other stuff that I'm operating, right?
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But but talk briefly like I think
this is important for people to hear
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because we've heard about the narrative
I think in the media from whatever
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network you listen to about what the
big beautiful bill is, that it has
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massive tax deductions, things like that.
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But there's two things in there, at
least the one you were just talking
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about, that are really important I
think for campground owners to really
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wrap their heads around, right?
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Tyler Otto: Yeah, I mean, the
depreciation side is huge.
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With bonus depreciation back,
for those of you that don't
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know, you used to be limited.
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We still have one other tool in our
pocket called Section 179, and I don't
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want to put you guys to sleep, so I'm not
going to go through all the specifics.
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But you were limited on, hey, if you,
you know, bought a $20,000 RV unit to
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put on site, you were limited on how
much you could depreciate in that year
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and offset against your active income.
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Bonus depreciation brought that back
in a big way where you can take the
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benefit right now, which is super cool.
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Um but with that, you know, it
the one big beautiful bill was
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touted as a lot more opportunities.
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And there are several things that
just, you know, for the average small
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investor, we're not seeing it materialize
as much as well as just solid tax
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planning strategy in your personal life.
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You know, we see people doing
things like S corp elections, paying
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their kids out of the business,
doing solo 401k contributions.
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And those are still moving the needle a
lot more than spending time with some of
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the updates in the one big beautiful bill.
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At least with what we're seeing
with the average small, you
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know, one to two property owner.
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Brian Searl: Is there a way to take
advantage of, and maybe this is a
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forward thinking, you know, question that
nobody's really thinking about right now.
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But like for me, I'm digging into
like AI and so on, taking advantage
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of a lot of the research and
development tax credits that actually
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reduce my tax bill significantly.
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Um and so I'm curious, is there
anything like that that would
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ever apply to campgrounds?
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Like can you research camper behavior?
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Can you research new amenities?
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Can you do any of that might apply?
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Tyler Otto: So there are R&D tax
credits where yes, like you can
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say, hey, if you're developing a
new service and a new or a new tool
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that's coming into the market, there
are R&D tax credits you can get.
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Um you know, the hard part is, is the
juice going to be worth the squeeze?
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Because if you're just playing around,
like, are you really going to go
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through all the work to file those
extra forms and pay an accountant to
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get a credit, you know, but you're
going to spend a couple thousand
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bucks in getting the credit on paper.
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Is it going to offset your costs?
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And the hardest part is it can't
be, you know, labor expenses or
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regular expenses that you're using
for just everyday operations.
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So a lot of times it's hard for people
to justify, hey, I'm the owner, now
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part of my salary is going to this R&D.
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Like there's a lot of documentation.
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But the thing is the R&D tax credit isn't
really new to the one big beautiful bill.
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Like they've been doing this, this
has been around for a long while.
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It's just a lot more prominent right now.
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Uh but I mean, you'd have to come up
with something novel and if you're going
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for it, like there's a lot of hoops
to jump through because we all know
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the IRS likes to come back and smack
people with penalties and interest.
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That's how they make their dough.
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Brian Searl: Yeah, but that's what we
have AI for to come up with novel things.
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Anyway, sorry.
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Um but so what else, what
else is on your radar?
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Like while we finish up an
accounting conversation, right?
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Like I want to talk about your
business and things like that.
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But what else is on your radar that you
think campground owners should know for
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2026 to take advantage of whatever's
happening in the accounting landscape?
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Because it's different, it's different
having a custom service for your, like
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someone who knows the industry, right?
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Tyler Otto: Oh absolutely.
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I think you know the biggest thing is
running your campground and the tax
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benefits doesn't happen in a vacuum.
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Everything in the world of taxes unless
you did a roll over business startup
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in a C corporation and for some reason
are holding your entity somewhere
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else in a C corp, all the taxes flow
through into your personal life.
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And so a lot of people don't really
think about what are my long term goals?
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What am I putting away to retirement?
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Am I trying to self direct my investments
into new properties I'm investing in?
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Um you know again we get back to
paying kids, entity structure.
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You know we had one client we just
brought on this last month that we
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found for the last 15 years under
their old accountant they were paying
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around an extra 45,000 a year in self
employment tax they didn't need to.
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And that's not even new to you know 2026.
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This is just doing the fundamentals and
the basics of good entity structure as
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well as protecting their assets, right?
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Like CYA man, uh just
assets instead at the end.
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But making sure that your entity
structure doesn't leave you open for
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liability or if someone wants to sue you.
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So really just looking at
your tax structure and setup
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to optimize for savings.
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Um and looking at what's going
on in your personal life.
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Again you know I look at
retirement wise, you know when do
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you want to start taking money?
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Well okay do we want to pay more taxes now
at a lower rate when our business isn't
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doing well because we know our retirement
funds are going to be worth a lot more and
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we're going to have higher taxes later?
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I think that's the big thing is
everyone and every tax advisor is so
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stoked to tell you save money this
year, but that's not always the best
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choice if it's going to cost you
more in a couple years down the line.
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Brian Searl: If you were Sandy's
accountant, could you deduct
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all of her RV travel for her?
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Is that a business
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expense?
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Tyler Otto: You know it's funny.
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Sandy, you have a home base right?
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You have a separate home?
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Sandy Ellingson: No.
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Tyler Otto: No?
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Oh see Sandy that's a bummer.
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If you can show that you have a brick
and mortar home and that the RV is
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not your primary residence, we can
actually do a lot to deduct almost
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all the travel, everything else
saying it's for business expenses.
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And we have quite a few
clients we do this with.
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Mike Harrison: I've heard
that you live in Arizona.
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Sandy Ellingson: Yeah technically
I I do have a a really good CPA.
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My dad was a CPA so he taught me
how to set myself up and how to run.
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So when I say no I don't have a home
base, yes I do but I am renting a
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space that actually is commercial.
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But we use it to go back and
forth and as a home base.
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Tyler Otto: There you go.
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Brian Searl: You're a
little bit low Sandy.
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We caught everything you said
but it's just a little bit low.
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Just so you can if you want to move
closer to the mic or something or
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you can turn it up in your settings.
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We could hear you but
it was just kind of low.
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Uh so you do have a home base and we
heard that you you may or may not have
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a home base and you may or may not
be deceiving the IRS in your taxes.
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But we're not going to
say any of that publicly.
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Sandy Ellingson: No I am I am literally
following all the laws but there are
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because of what I do and I work in
all aspects of the industry, there's
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some very creative ways that I can
do what I need to do and still have
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maximum you know uh deductions.
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So you know because I
serve on the industry side.
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So nine times out of ten I'm the first
one to get a unit when it rolls off.
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So I am doing R&D.
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And so all the expenses are
for R&D for that company.
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So it kind of works out.
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I have a really good way
to feed my addiction.
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Tyler Otto: And
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that's the thing, there's
strategies for everything.
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If you go onto TikTok, there's going
to be so many advisors that say, it's
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easy, you can just claim this credit.
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There is always, there is always the
legalese and boxes to check that you
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got to make sure you're doing right or
it's going to come back to bite you.
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And what most people don't get is
they're like, well, I was able to
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submit a tax return that had, you
know, a reasonable compensation of
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10,000 a year, so it must be allowed.
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I can submit whatever I want on a tax
return and get it filed to the IRS.
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It's if it gets audited,
will it pass the audit?
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And if they take it to tax court, do you
have a lawyer that's willing to fight it?
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Not a CPA, because the CPA in
tax court can't represent you.
287
:
00:13:46
You have to have a tax attorney.
288
:
00:13:48
Do they have a defensible stance?
289
:
00:13:50
So that's where it's like, some
people are like, well, my, my current
290
:
00:13:53
CPA is able to file this for me.
291
:
00:13:55
And it's like, well, make sure your
bases are covered because I mean, I see
292
:
00:13:58
one article a week of a firm getting
indicted because of certain practices.
293
:
00:14:03
So we can submit whatever we want.
294
:
00:14:04
It's does it pass the muster test?
295
:
00:14:07
Brian Searl: Yeah, I think that's-
You just need to protect yourself
296
:
00:14:08
by having like a shell campground in
the Bahamas or something like that.
297
:
00:14:12
Tyler Otto: Yeah.
298
:
00:14:14
Yeah.
299
:
00:14:15
That's what works for you.
300
:
00:14:17
Brian Searl: I don't know if it works.
301
:
00:14:18
I'm I don't want to I'm not
brave enough to own a campground
302
:
00:14:20
at all period to begin with.
303
:
00:14:21
So uh Mike what's going on in your world?
304
:
00:14:25
Anything new that you want that you
think we should talk about since we've
305
:
00:14:27
been uh last together in a month?
306
:
00:14:28
I forgot to ask that question
of my current guests.
307
:
00:14:30
Sandy you too Sandy if you got something.
308
:
00:14:33
Mike Harrison: Uh well
Sandy can go if she wants.
309
:
00:14:35
She's always got something new and
interesting, some special data project
310
:
00:14:38
that she can't tell anybody about.
311
:
00:14:42
Sandy Ellingson: Well hey listen I
am actually out from under every non
312
:
00:14:45
disclosure that I had signed right
now so I can just talk all afternoon.
313
:
00:14:49
Um but we've been actually on
the road for two solid months.
314
:
00:14:53
And so what what I have seen and
what's been so encouraging to me is
315
:
00:14:59
we've been out in the the Northwest.
316
:
00:15:01
And the number of campgrounds that
we've been in that are my favorite,
317
:
00:15:05
they're kind of like my mom and pops,
you know, they're not all glamping.
318
:
00:15:10
Their occupancy is not bad.
319
:
00:15:12
They are doing all the right things.
320
:
00:15:14
Their infrastructure is not falling apart.
321
:
00:15:16
You know, it's not the, you
know, people parking in the mud.
322
:
00:15:19
And so seeing this whole group of people
that are, they're totally positive and
323
:
00:15:25
they totally don't understand some of
the language that they're hearing out of
324
:
00:15:28
some of the East Coast campgrounds, uh,
325
:
00:15:31
which is kind of funny.
326
:
00:15:32
So I really enjoyed it.
327
:
00:15:33
And I've been actually validating some
of the research that Scott Bahr did,
328
:
00:15:39
uh, and took some of the things that
he stated and then I look for those
329
:
00:15:43
things when I go into campgrounds.
330
:
00:15:45
And it's interesting how many of the
things he said were very accurate.
331
:
00:15:50
Um, sadly, you know, I go into a
lot of the campgrounds and I would
332
:
00:15:54
say that 90% of the units are at
least 10 years older or older.
333
:
00:16:00
Um, which validates a lot of the
conversation about people aren't
334
:
00:16:04
buying new rigs and it's not about
the interest rates, it's not about
335
:
00:16:08
gas prices, it's about quality.
336
:
00:16:11
Um, but, but that doesn't mean
they're not camping, right?
337
:
00:16:15
They're just camping in older
rigs and they're renting rigs.
338
:
00:16:18
So I am seeing a lot of Gen Zers.
339
:
00:16:21
I've seen a return to tent camping.
340
:
00:16:24
I've seen parks allowing car camping.
341
:
00:16:26
I mean, all of the things that, you know,
we've been on the circuit talking about
342
:
00:16:30
and saying that we all need to think about
new things to create these runways, right?
343
:
00:16:36
I'm seeing it.
344
:
00:16:37
I don't see it as much on the
East Coast, but boy have I
345
:
00:16:40
seen it Midwest and West Coast.
346
:
00:16:42
Brian Searl: Well, I think
I, I think I agree with you.
347
:
00:16:44
Like, I, I was tell- I was saying
this maybe on the podcast with Scott
348
:
00:16:46
Bahr last week on Outwired, is we were
talking about how the, our industry
349
:
00:16:51
does not have a demand problem.
350
:
00:16:52
There are tons and tons of people
from all generations who wanna get
351
:
00:16:55
outside and wanna enjoy nature,
whether it's outdoor recreation or
352
:
00:16:58
camping or whatever it may be, right?
353
:
00:17:00
I think the problem is, is that we
currently, perhaps not in every facet
354
:
00:17:04
of the economy, but we have a little
bit of an affordability problem
355
:
00:17:08
specific to maybe even RV sites that
require a large entry into the market.
356
:
00:17:13
But I've talked to a couple association
owners, including one in Canada here,
357
:
00:17:16
uh a couple days ago, maybe it was
yesterday, who was telling me like
358
:
00:17:19
they've they've convinced a couple
people on like Vancouver Island to
359
:
00:17:22
change their campground into like
tent only, a lot of the sites.
360
:
00:17:26
And maybe the margin is a little bit less,
but you can make just as much money if
361
:
00:17:29
your RV sites were only 40 to 50% full.
362
:
00:17:32
And so this guy switched to tent
sites and he has to turn people away.
363
:
00:17:35
He's got a waiting list now because
there's millions of people sitting in
364
:
00:17:38
Vancouver that don't own an RV, but will
come across that ferry and go tenting.
365
:
00:17:42
And then there's all kinds of
opportunities to, what do you take
366
:
00:17:46
that, what do you take that tenting
experience to the next level?
367
:
00:17:48
How do you make it luxury?
368
:
00:17:49
Do you have something set up to
make Gen Z or somebody who hasn't
369
:
00:17:53
been in the outdoors much more
comfortable with the outdoors?
370
:
00:17:55
And then can you get
$125, $150 a night for it?
371
:
00:17:58
Bet you can.
372
:
00:17:59
So I think it's interesting just to
think outside the box, but I don't
373
:
00:18:02
think we, I don't think we have
a demand problem at all, period.
374
:
00:18:04
And yes, for sure there are down, like
I've talked about this a lot, right?
375
:
00:18:08
On a macro level, there are
some issues with occupancy
376
:
00:18:11
and camper nights this year.
377
:
00:18:13
But that's not a demand problem.
378
:
00:18:14
I think that's a product not matching
the ability of the consumer problem.
379
:
00:18:14
What do you think?
380
:
00:18:19
Sandy Ellingson: I totally agree
Brian and I want you to go back and
381
:
00:18:22
slice this because the fact that
you said you agreed with me and I
382
:
00:18:25
said I agreed with you, that's got
to mean Jesus is coming back soon.
383
:
00:18:26
Brian Searl: Maybe maybe.
384
:
00:18:26
Sandy Ellingson: And we love each other.
385
:
00:18:26
Brian Searl: I agree with
a lot of what you say.
386
:
00:18:30
Sandy Ellingson: But
387
:
00:18:36
that's okay.
388
:
00:18:37
Brian Searl: I agree with
a lot of what you say.
389
:
00:18:40
Uh Mike you have anything?
390
:
00:18:43
Mike Harrison: Um well I think you know
I I find the discussion very interesting.
391
:
00:18:47
You know I have been saying for
a while obviously the change
392
:
00:18:49
in the industry is change.
393
:
00:18:53
And you know what it was just 10 years
ago versus what it was just six years ago
394
:
00:18:58
during COVID, which is a pivotable and
forever change point in our industry, uh
395
:
00:19:03
and now what it was two years ago, right?
396
:
00:19:05
And and so it it's continuously
evolving, changing, you know, good
397
:
00:19:09
and bad, but mostly for the good.
398
:
00:19:11
And you know, I don't think we
necessarily have a demand problem,
399
:
00:19:15
but I do think that demand is down.
400
:
00:19:17
I think it's a supply problem.
401
:
00:19:19
You know, I think as many people
have heard me say, you know, the
402
:
00:19:22
boom of COVID, you know, basically
falsely trained excited investors
403
:
00:19:28
if you build it, they will come.
404
:
00:19:29
And there was a, you know, glut
of overbuilding and developments
405
:
00:19:33
that happened in 21, 22, 23
that opened in 24, 25, 26.
406
:
00:19:38
Unfortunately, with lack of data, there's
not a lot of good resource to track
407
:
00:19:43
how many of these properties opened.
408
:
00:19:44
But I can tell you in a market
like, you know, uh Verde Valley
409
:
00:19:47
in Arizona, there's been 30% new
supply over the last three years.
410
:
00:19:52
And for a small market of, you know,
2,000, 2,500 sites of which maybe
411
:
00:19:56
our property is 30% of the market,
that's a considerable addition.
412
:
00:20:01
Considerable, right?
413
:
00:20:02
And so it might look like demand
is down, it might be demand is the
414
:
00:20:06
same, but it is now spread, right?
415
:
00:20:08
So you look at, you know, the metrics,
you know, for individual properties,
416
:
00:20:13
um, you know, but if you, since
there's not necessarily market metrics,
417
:
00:20:17
it's a little bit of false data.
418
:
00:20:19
Um, so I I think that's, you know, two
things can be true at the same time.
419
:
00:20:23
One can be demand is down and
mostly transient, not long-term.
420
:
00:20:27
Um, but I also think
there's been an oversupply.
421
:
00:20:30
So with anything like the hotel industry,
multiple cycles, we are now in a cycle.
422
:
00:20:33
Uh, you know, I believe we have to, you
know, weather the next year, year and a
423
:
00:20:37
half as some of this transient demand,
you know, rights itself, but also as the
424
:
00:20:42
new supply absorbs, um, and stabilizes.
425
:
00:20:45
So, uh, that's just an answer to the
general what you guys are talking about.
426
:
00:20:49
You know, what's new in CRR's world?
427
:
00:20:51
Um, you know, we continue to be excited
with, you know, the evolution of the
428
:
00:20:55
industry as, you know, of course you know,
Brian, we continue to partner with you on
429
:
00:20:58
new technologies and innovations and AI.
430
:
00:21:01
Um, you know, the AI voice Rigby, which
was, you know, partnered with Insider
431
:
00:21:06
Perks, the first of its kind to be rolled
out, you know, is now in, uh, is probably
432
:
00:21:11
in high school in his level of training.
433
:
00:21:13
He started out in nursery school.
434
:
00:21:15
Um, and in another two, three
months, he'll probably graduate from
435
:
00:21:18
college and then get his master's.
436
:
00:21:20
Um, you know, so he's taking reservations,
he's learning, um, he's absolutely
437
:
00:21:25
helped us reduce missed call volume
and help with the customer experience.
438
:
00:21:28
Um, you know, but we continue to see,
you know, what opportunities are there
439
:
00:21:32
from a customer experience with AI, uh,
and also from an efficiency standpoint.
440
:
00:21:37
Um, again, many folks have heard me
say, you know, AI does not replace
441
:
00:21:41
hospitality, it enhances hospitality.
442
:
00:21:44
And so we're continuing to focus on,
you know, how we can do that and help
443
:
00:21:47
evolve the industry to the modern world.
444
:
00:21:49
Um, we continue to really focus on, you
know, sourcing new third-party management
445
:
00:21:55
contracts and, and consulting engagements.
446
:
00:21:57
We believe there's an opportunity for us
to really help provide owners, whether
447
:
00:22:01
they're existing management companies
or independent ownership that just
448
:
00:22:04
don't want to do it anymore.
449
:
00:22:06
Um, uh, but you know, we've been
exploring in a lot of different markets.
450
:
00:22:10
I just came back from Montana and spent,
uh, you know, several days in Yellowstone,
451
:
00:22:14
uh, and it's just glorious and just
reminds us why we do what we do, uh,
452
:
00:22:20
and where we do it and how fortunate we
are to do what we do, where we do it.
453
:
00:22:25
Uh, it was just an awesome,
awesome experience.
454
:
00:22:28
Um, so, uh, that's kind
of what's new with us.
455
:
00:22:31
Uh, I am now a whitewater rafting
expert and didn't die, so happy to say.
456
:
00:22:36
Wendy Heineke: Nice.
457
:
00:22:39
Brian Searl: I don't know if
you guys can still hear me.
458
:
00:22:40
I'm trying to fix my camera.
459
:
00:22:41
My phone said it was overheating,
so I had to turn everything off.
460
:
00:22:44
Uh but hopefully you can hear me.
461
:
00:22:44
Mike Harrison: That's what
you get for being outside.
462
:
00:22:46
That would happen to me if I was outside.
463
:
00:22:48
Brian Searl: I know, I know.
464
:
00:22:49
I should have had a nice green office.
465
:
00:22:51
I'm not, I can't afford the office stuff.
466
:
00:22:53
I don't make enough money yet.
467
:
00:22:55
I'm waiting on it.
468
:
00:22:57
Uh well I get my camera back
and figure all this stuff out.
469
:
00:22:59
Uh Wendy, you've been kind of quiet
because we haven't asked you any
470
:
00:23:02
questions up there, but what for
the people who don't know you,
471
:
00:23:05
what is Hospitality Across America?
472
:
00:23:07
Wendy Heineke: Well I came from
the hotel industry um and I said 30
473
:
00:23:11
plus years in the hotel industry.
474
:
00:23:13
And um finished my um career
with a real estate investment
475
:
00:23:19
trust and decided to retire.
476
:
00:23:22
So I actually retired for three years
and bought a rig and went on um the
477
:
00:23:28
excursion of a lifetime going all the way
across the country in a big huge coach.
478
:
00:23:34
So I'm I'm loving Sandy what
she's doing and we we saw the
479
:
00:23:38
goods and the bads and the uglies.
480
:
00:23:39
And actually um I my first when we
landed in Alabama we bought a um RV
481
:
00:23:47
site with a casita and that was our
that was our home with the RV and we
482
:
00:23:52
just had a great time but I got bored.
483
:
00:23:54
So I decided to call the Margaritaville
guys up um that I worked with them in
484
:
00:23:59
the hotel industry and uh started my
career with uh Camp Margaritaville.
485
:
00:24:05
And that's pretty much how I started
the career doing just doing all kinds
486
:
00:24:08
of consulting with them, did their
SOPs, did their QA um because they knew
487
:
00:24:13
hotels but they didn't know campgrounds.
488
:
00:24:15
Well I really started to know campgrounds.
489
:
00:24:18
Um so I helped them with their resorts
that they had five at the time.
490
:
00:24:22
So fast forward many years later
and um I am pretty much as I
491
:
00:24:28
mentioned before I'm a chameleon.
492
:
00:24:30
I will do pretty much anything.
493
:
00:24:31
Mike, Mike and I work together
a lot, and Mike will call up,
494
:
00:24:34
call me up and say, "Hey, I need
some revenue management support.
495
:
00:24:37
Can you work for a couple of months
and do some revenue management?
496
:
00:24:40
Can you do HR?"
497
:
00:24:41
Um, "Hey, can you look at
our operations efficiency?"
498
:
00:24:45
So really what I do is, is I will go
in and I'm, I'm very boutique because
499
:
00:24:52
I want the long-term with my clients.
500
:
00:24:54
So like I work for Mike and then for a
month and then I disappear for about three
501
:
00:24:58
months and then he calls me up again.
502
:
00:25:00
So really mine is a long term and
I'll I'll work with like right now
503
:
00:25:04
I'm working with a city park in Texas.
504
:
00:25:07
And small park um I'm not a I'm not a
huge expensive consultant and I'm just
505
:
00:25:13
charging them on an hourly basis and
just helping them um get through some of
506
:
00:25:16
their efficiencies, some social media,
some marketing, um teaching them what AI
507
:
00:25:21
is, but it's the city so it's you know
you got to be careful with what they do.
508
:
00:25:26
So um then you know I'm working
with a RV a large RV resort here in
509
:
00:25:32
Alabama and it's a very different.
510
:
00:25:34
So I'm working all the revenue management,
I'm doing Campspot which thank God with
511
:
00:25:38
Mike because I learned everything I
needed to do with Campspot through Mike.
512
:
00:25:43
Um so I'm I'm actually now working
with Campspot and they're sending me
513
:
00:25:48
to clients that need extra support.
514
:
00:25:51
So again I'm a chameleon.
515
:
00:25:53
Um you know I was a GM
in in the hotel industry.
516
:
00:25:56
I have run campgrounds, I have run
hotels, I've done revenue management.
517
:
00:26:00
So whatever the client needs I'll work
with them to see if I can help them.
518
:
00:26:06
But I will never say hey uh
you're um you know I can't work
519
:
00:26:12
for you or I can work with you.
520
:
00:26:13
It really just depends on what they need.
521
:
00:26:16
Um and it's really interesting
Sandy was talking about the tents.
522
:
00:26:20
I was just up in Wisconsin visiting
some campgrounds and one there was
523
:
00:26:26
like seven days and it was a little
city park up in Wisconsin and seven
524
:
00:26:30
days they were full and it was
Fourth of July weekend with tents.
525
:
00:26:34
They had 60 sites and
37 of them were tents.
526
:
00:26:38
And cars, and I was surprised about the
cars, but now I'm glad to hear from you
527
:
00:26:42
guys on that because I couldn't believe
how many cars were, like six or seven
528
:
00:26:47
cars that people just sleeping in.
529
:
00:26:49
Mike Harrison: Oh my gosh, don't
don't get Sandy going on car camping.
530
:
00:26:51
We'll be here for like four hours.
531
:
00:26:54
Wendy Heineke: I loved it.
532
:
00:26:56
Um and it's revenue.
533
:
00:26:59
Mike Harrison: Yeah.
534
:
00:26:59
You know I'd like to just advocate
for the folks on this call.
535
:
00:27:04
You know as Sandy meant or I'm sorry
Wendy mentioned she's a chameleon.
536
:
00:27:07
I actually call her a
Swiss Army knife, right?
537
:
00:27:09
She's got a lot of different
functions that she could do.
538
:
00:27:13
Um and as I look at the call, I
mean I haven't had a chance yet to
539
:
00:27:16
work with Specialized Accounting,
but I think I've paid everybody on
540
:
00:27:18
this call, but nobody has paid me.
541
:
00:27:21
Like like Brian where I
need someone to pay me.
542
:
00:27:26
Um but I think you know it's interesting.
543
:
00:27:28
Brian Searl: What are you talking about?
544
:
00:27:28
You've been paid in
revenue management advice.
545
:
00:27:30
You've been paid in everything.
546
:
00:27:32
You've been paid in marketing.
547
:
00:27:35
You've been paid in…
548
:
00:27:36
Mike Harrison: I need a violin.
549
:
00:27:38
Um but you know what I think is
really true, you know Wendy had
550
:
00:27:41
mentioned about the little property.
551
:
00:27:43
What I think kind of you know is
indicative of especially of Sandy
552
:
00:27:47
and Brian and and Wendy and I don't
mean to leave you know Specialized
553
:
00:27:50
guys out but you know service.
554
:
00:27:52
I I think you know even if you
don't get paid, you know Wendy,
555
:
00:27:57
Sandy, Brian, you guys can't help
yourself but helping people, right?
556
:
00:28:00
And like you said you unretired.
557
:
00:28:02
And I I just think that's
a hallmark of what we do.
558
:
00:28:05
And you know the folks on this call just a
shout out to those that are listening, you
559
:
00:28:10
know we've got some tremendous advocates
for our industry and leaders in our
560
:
00:28:13
industry that are that are right here.
561
:
00:28:14
For folks that sometimes will not even
take a penny or refuse to take a penny
562
:
00:28:18
because they just want to help and they'll
answer a question or they'll provide you
563
:
00:28:21
a link or they'll give you a resource.
564
:
00:28:23
And so I I think that's a
message for us as we you know
565
:
00:28:26
go forward in this industry.
566
:
00:28:27
And why I love it so much,
it's a little bit different
567
:
00:28:29
than the hospitality industry.
568
:
00:28:31
It's just the advocacy and the partnership
of you know rising tide raises all ships.
569
:
00:28:34
Even though we have competitors like
like you know Roff is a competitor
570
:
00:28:37
for us at Blue Water but yeah we talk
regularly and and help each other.
571
:
00:28:41
And it's just an important
component of what we do.
572
:
00:28:43
So that's just a little bit of an
esoteric soliloquy if you will um but I
573
:
00:28:48
think that's important for us to know.
574
:
00:28:51
And good job for you guys.
575
:
00:28:55
Brian Searl: As much as that
was beautiful, I want to go back
576
:
00:28:57
to car camping for a second.
577
:
00:28:59
Mike Harrison: No.
578
:
00:28:59
Brian Searl: No, no, no, let me
explain because I don't want to get
579
:
00:29:02
into the whole long conversation
with Sandy about it, right?
580
:
00:29:05
Uh but what I want to what interests
me though is just the original
581
:
00:29:09
conversation that we had about Mike
you're saying there's not a demand issue.
582
:
00:29:13
I don't necessarily disagree with you.
583
:
00:29:15
I question whether the demand is,
no that's wrong because I don't
584
:
00:29:19
think there's a demand issue at all.
585
:
00:29:21
Either whether it's an RV or in
tent or in glamping or whatever,
586
:
00:29:24
I think it's an affordability
587
:
00:29:27
issue.
588
:
00:29:27
Can I afford to put gas in the rig?
589
:
00:29:29
Can I afford to go a thousand miles
versus 200 and staying closer to my home?
590
:
00:29:33
Can I afford the premium full hookup
site or can I afford to stay at
591
:
00:29:37
a state park instead this year?
592
:
00:29:38
Mike Harrison: That still
translates to demand though Brian.
593
:
00:29:40
I understand what you're saying.
594
:
00:29:42
It doesn't mean that
there's not a desire, right?
595
:
00:29:45
You know I desire to go to Europe
this year, but I also desire to
596
:
00:29:47
go on more trips this year, right?
597
:
00:29:49
Brian Searl: And that's what I'm
equating demand with, to be clear.
598
:
00:29:51
It's desire.
599
:
00:29:51
I'm speaking about it right now on this
podcast, I'm saying demand is desire.
600
:
00:29:55
Mike Harrison: There's a difference.
601
:
00:29:55
That's intent, right?
602
:
00:29:57
And intent does not
necessarily mean demand.
603
:
00:30:00
I mean you can intend to do
something all day long, but you know
604
:
00:30:03
unless you put that in the bank,
it doesn't translate to demand.
605
:
00:30:06
So I hear you.
606
:
00:30:07
I don't disagree that there's
an affordability issue and as
607
:
00:30:09
all the KOA statistics have
shown, frequency is down, right?
608
:
00:30:13
Um and that's obviously
directly dependent upon market.
609
:
00:30:16
Um, but, but I … They're,
they're different.
610
:
00:30:19
Go ahead.
611
:
00:30:19
I'm sorry.
612
:
00:30:20
Brian Searl: No, no, no.
613
:
00:30:21
I agree with you, but
that's only part one, right?
614
:
00:30:23
So then part two is, is if there is
still demand, like not desire, but there
615
:
00:30:28
is still … If your desire is to stay
in the full hookup pull-through, but,
616
:
00:30:32
or just to go camping, then you still
have, you're still demanding a site.
617
:
00:30:35
You're just not demanding
the same type of site or
618
:
00:30:37
accommodation that you were before.
619
:
00:30:39
So is there a point where, just like
this campground that converted in
620
:
00:30:42
Vancouver Island, or the one that Wendy
said was full of tents and full of
621
:
00:30:46
car camping, is there a point in time
where owners step back and look at,
622
:
00:30:50
okay, well, demand- Demand, desire,
whatever you wanna call it, right?
623
:
00:30:54
Both, in some cases, uh, has
changed or is down or is up or has
624
:
00:30:59
fluctuated or spread out into new
inventory or whatever it is, right?
625
:
00:31:02
Is there a way that I can meet that
demand/desire by offering a differentiated
626
:
00:31:08
kind of product at my property?
627
:
00:31:10
Mike Harrison: It's a good question, but
I would be careful if I'm extrapolating
628
:
00:31:13
what you're saying is, are you downgrading
to make it more affordable, and does
629
:
00:31:17
that mean that you still have demand?
630
:
00:31:19
But I would be careful with that
because the numbers don't say that.
631
:
00:31:22
In both the hotel industry and the
camping industry, if you look at
632
:
00:31:25
CoStar's report in the hotel industry,
hotel industry is also struggling
633
:
00:31:29
except in the luxury segment.
634
:
00:31:31
Luxury segment is up.
635
:
00:31:32
All of the numbers when on the data
dicks say the exact same thing, right?
636
:
00:31:36
The luxury properties, the larger
full-service properties are
637
:
00:31:40
performing and outperforming the
smaller ones with a lower ADR.
638
:
00:31:43
So while I understand what you're
saying is maybe there's an opportunity
639
:
00:31:47
to say that there's desire, so
instead of taking, spending the $100
640
:
00:31:50
on the large site, they'll spend 50.
641
:
00:31:52
I, I don't think that's-- the
numbers don't say that that's true.
642
:
00:31:55
Um-
643
:
00:31:58
All right
644
:
00:31:58
Wendy Heineke: So, so Mike, I
have a question though, because
645
:
00:32:00
you've got, you've got RV resorts,
you've got campgrounds, you know,
646
:
00:32:04
then you've got glamping, right?
647
:
00:32:06
So, so RV resorts, yes, that's a luxury
in our world, in the hotel world.
648
:
00:32:11
But then you also have campgrounds
where they have sites that they
649
:
00:32:15
can say, you know, that I c- I
will accept more tents and put more
650
:
00:32:22
tents in inventory, tent sites in
inventory to sell those tent sites.
651
:
00:32:27
I don't think, like, uh, y- like
your resorts are spectacular.
652
:
00:32:32
They're gorgeous-
653
:
00:32:32
Mike Harrison: I'm not just
saying my properties as-
654
:
00:32:34
Wendy Heineke: Yeah.
655
:
00:32:34
But, yeah, look at
656
:
00:32:35
Mike Harrison: ca- I'm not talking about,
I'm not talking about my properties.
657
:
00:32:37
I'm talking about the industry.
658
:
00:32:37
Yeah.
659
:
00:32:38
Again, KOA, which has a diversity of
sites, including tents, is not saying
660
:
00:32:44
that the, the tent market is up, right?
661
:
00:32:47
And so I, I think it's
gotta be some data digging.
662
:
00:32:50
Wendy Heineke: But that's…
663
:
00:32:51
Yes, it does, 'cause that's…
664
:
00:32:52
Sandy Ellingson: Well,
665
:
00:32:53
Wendy Heineke: go ahead, Sandy.
666
:
00:32:54
Go ahead.
667
:
00:32:54
Sandy Ellingson: Well I was going
to say I think you're all right.
668
:
00:32:56
And what's interesting is it's
not about everything being a tent
669
:
00:32:59
or everything not being a tent.
670
:
00:33:02
What what research has shown us
and we've now just started a new
671
:
00:33:07
thing where we're actually working
with statisticians to calculate out
672
:
00:33:14
where the industry is going to
be based on current statistics.
673
:
00:33:15
And one of the things that it identified
is that over the last 10 years
674
:
00:33:21
we've lost the onboarding process.
675
:
00:33:24
And tent camping, that's what it was.
676
:
00:33:26
I always called it the
gateway drug, right?
677
:
00:33:29
Young people couldn't afford to buy
an RV, would get a tent and they'd
678
:
00:33:34
start out camping in their backyard.
679
:
00:33:37
And then they moved up to hey I'm
going to camp in a campground.
680
:
00:33:41
And then they moved up to oh my
gosh look at the rain and that guy
681
:
00:33:44
over there, I want one of those.
682
:
00:33:46
So tents were the best sales
tool the RV industry ever had.
683
:
00:33:51
But somehow we managed to close
them out and come up with this
684
:
00:33:55
idea that we couldn't have tent
campers in our campgrounds anymore
685
:
00:33:59
because we were an RV park.
686
:
00:34:02
And so what we're seeing is
we've got to find more onboarding
687
:
00:34:06
processes for younger people.
688
:
00:34:08
So we don't want to offer necessarily
all of our sites, but we do need to
689
:
00:34:12
have a certain percentage of them to
start bringing these younger people
690
:
00:34:16
in who can't afford the RV yet.
691
:
00:34:18
Otherwise we're going to end
up running out of runway.
692
:
00:34:23
Brian Searl: Yeah I agree with that.
693
:
00:34:24
I think I think we're both like
Sandy said I think we're all right.
694
:
00:34:27
And I think that's part of the
reason that it's so hard to diagnose.
695
:
00:34:30
You're right Mike there
is a K shaped economy.
696
:
00:34:32
The luxury people are still spending.
697
:
00:34:34
There's no question about that.
698
:
00:34:36
At the same time there seems to be a
small increase in demand in regular let's
699
:
00:34:41
call it regular traditional tent camping.
700
:
00:34:43
But I think there's also a market
for the luxury tent camping market.
701
:
00:34:47
Like the thoughtfully curated kind of
state park clone that like Jeremy Johnson
702
:
00:34:50
has done way better up in Michigan, right?
703
:
00:34:53
I think there's opportunities for like
I think we've been so focused for the
704
:
00:34:57
last 40 to 60 years and I'm speaking
on a macro level, there are certainly
705
:
00:35:00
people who do this well and there are
exceptions to what I'm about to say.
706
:
00:35:04
But we've been focused on like what
Sandy said, making an RV park only for
707
:
00:35:07
RVs and hanging the entire hat of the
industry on the RV industry period.
708
:
00:35:13
And I think if we do that, I'm not
saying go away from RVs, but if we do
709
:
00:35:17
that and we also diversify with rentals
and glamping and maybe tent camping, but
710
:
00:35:22
maybe a more of a luxury product if you
need to do that at a place like Verde
711
:
00:35:25
Ranch or something like that, right?
712
:
00:35:27
Maybe you can just put some
more different type of thought
713
:
00:35:30
into the process, then there's
opportunities to expand your revenue.
714
:
00:35:32
I want to give that back
to Wendy to tackle that.
715
:
00:35:35
And then Tyler I want to hear your
thoughts from the accounting aspect.
716
:
00:35:38
Wendy Heineke: Well
it's really interesting.
717
:
00:35:40
I did a blog a couple weeks
ago on RV bookings are soft.
718
:
00:35:45
No doubt about it.
719
:
00:35:46
But your glamping is not.
720
:
00:35:48
So I've got four clients
that are just glamping um and
721
:
00:35:55
luxury um glamping resorts.
722
:
00:35:58
And one's up in Charlemont, Massachusetts
and they are doing, they just opened
723
:
00:36:02
in October and they're running 80%
occupancy and they're running a $400 rate.
724
:
00:36:07
And you know why?
725
:
00:36:08
Because they're pulling it from Boston.
726
:
00:36:10
They're pulling it from New York.
727
:
00:36:12
And so you do have the luxury side,
but glamping is not down as much.
728
:
00:36:19
Yeah of course a little bit, but people
still want to spend that money and go
729
:
00:36:23
for a two night or three night stay.
730
:
00:36:25
Mike Harrison: Glamping
is not down at all.
731
:
00:36:27
Glamping continues to be up double digits.
732
:
00:36:29
Wendy Heineke: So the question
is when you look at the RV
733
:
00:36:32
side, do you put those tents in?
734
:
00:36:35
Like Verde is a perfect example
of a glamping, it's an RV
735
:
00:36:40
resort but it's also glamping.
736
:
00:36:42
And do you you know does the
industry start focusing a little
737
:
00:36:46
bit more, cabins yeah, but you know
the safari tents, the you know the
738
:
00:36:51
tents, the and even smaller tents.
739
:
00:36:54
And one of the things I was recommending
to the city park that I was doing
740
:
00:36:58
is buy some tents and rent them out.
741
:
00:37:01
You know because you know and that's a
big thing is that again we're trying to
742
:
00:37:06
just get heads in beds or heads in sites
and let's get you know be able to rent the
743
:
00:37:13
tents out for $30 and the site for $10,
you know again they're a lower cost and
744
:
00:37:20
that may be the way that some of us do it.
745
:
00:37:22
You know we just got to be creative.
746
:
00:37:25
Brian Searl: Sure but it doesn't
always have to be a downgrade
747
:
00:37:27
too is what I'm saying, right?
748
:
00:37:28
Right.
749
:
00:37:28
Let's just we're going to pick
on Verde for example, right?
750
:
00:37:32
And you know the revenue way better
than I ever do Wendy and Mike you guys
751
:
00:37:35
have worked on all that stuff, right?
752
:
00:37:37
But so nobody's I think nobody's arguing
that like Mike you should rent tent sites
753
:
00:37:41
for $30 at Verde Ranch or Verde River.
754
:
00:37:43
Wendy Heineke: Right.
755
:
00:37:44
Brian Searl: But perhaps perhaps there
is a space for a luxury curated tent
756
:
00:37:49
that you like maybe you buy like 15, 20
of these, you set them all up, they're
757
:
00:37:54
really nice tents, you curate the site,
you landscape it, you have it all ready
758
:
00:37:57
to go with sleeping bags, whatever else.
759
:
00:37:59
And then you sell that
product for $125, $150.
760
:
00:38:02
That's luxury to the luxury person
who's in Phoenix or in Sedona or
761
:
00:38:06
in somewhere else who wants to see
something different, then that doesn't
762
:
00:38:09
take away the aesthetic of your site.
763
:
00:38:11
It makes it still high end and it
gives you something to fill while the
764
:
00:38:15
RV sites are temporarily down because
of supply or whatever else, right?
765
:
00:38:19
Mike Harrison: Define luxury tent.
766
:
00:38:21
Now is that like a Coleman instant
tent that's nice or is it one of
767
:
00:38:24
the ones like a safari tent, etc.?
768
:
00:38:27
Brian Searl: I think it
depends on you and your resort.
769
:
00:38:31
Like it could be different either way.
770
:
00:38:32
I think you can make a really
nice Coleman tent look really good
771
:
00:38:35
on a site if you set it up well.
772
:
00:38:37
Mike Harrison: So and I think look I the
goal is not to poo poo what you're saying.
773
:
00:38:40
I completely agree with
your idea about glamping.
774
:
00:38:42
Tenting is a very different experience.
775
:
00:38:45
Tenting without a bathroom, without
electric, without facilities, you
776
:
00:38:49
know just kind of roughing it um is
a very very different experience.
777
:
00:38:54
Um but what you're describing is
again more in the glamping world
778
:
00:38:57
which isn't down and people continue
to do and I recommend that to
779
:
00:39:00
every property that we discuss.
780
:
00:39:02
Um because people do want to do that.
781
:
00:39:04
They do want to experience it,
but they want to experience
782
:
00:39:07
glamping, not necessarily tenting.
783
:
00:39:09
Tenting is its own world which is a great
a great world and we've had that you know
784
:
00:39:13
experience at a couple of our properties.
785
:
00:39:15
Um but it's a very
different um experience.
786
:
00:39:18
I'm not saying that that
couldn't work if you
787
:
00:39:22
curated a tent site that isn't glamping,
but I think you'd have a hard time
788
:
00:39:26
attracting the customer that's looking
for a you know a glamping experience.
789
:
00:39:32
Brian Searl: Well I agree with you, but
I think there's a whole another world of
790
:
00:39:34
people who aren't exposed to glamping or
don't have $200 or $300 a night to spend
791
:
00:39:39
on glamping that like you can buy, I'm
not talking about a $30 Coleman tent.
792
:
00:39:43
You can buy a
793
:
00:39:47
really nice $300, $400 Nemo tent
that are like really well designed
794
:
00:39:52
and ventilated and curated.
795
:
00:39:53
And yes it's a different type
of audience like you're talking
796
:
00:39:55
about, but it's an audience.
797
:
00:39:57
And if your occupancy is down, I'm
not saying yours is, I'm just saying
798
:
00:39:59
generally macro in the industry, right?
799
:
00:40:01
Then maybe that's something
you can look at, just different
800
:
00:40:03
types of ideas to figure that
801
:
00:40:09
stuff out.
802
:
00:40:09
What do you think of the numbers Tyler?
803
:
00:40:10
Do the numbers add up?
804
:
00:40:12
Can somebody can somebody…
805
:
00:40:14
Tyler Otto: I mean I'm happy
to weigh in as the nerd.
806
:
00:40:16
I mean because here's the hard part
is like all the rest of you guys,
807
:
00:40:19
you're in you're involved at the guest
level of curating that experience
808
:
00:40:23
where we're we're after the fact.
809
:
00:40:25
We're picking up the pieces seeing
what came out on the other end.
810
:
00:40:28
Now what I will say is you know like
accounting is a service so maybe it
811
:
00:40:33
is we are skewed because we see people
that are charging higher rates and can
812
:
00:40:36
afford to outsource services whether it's
social media, accounting, operations.
813
:
00:40:40
Usually you have a higher average
daily rate to be able to support that.
814
:
00:40:44
So my data set might be
skewed in that alone.
815
:
00:40:46
Knowing that, we are seeing a lot of
people that you know they've had the
816
:
00:40:50
traditional campsites but they're
trying to set themselves apart whether
817
:
00:40:54
it's glamping, cabins, RV resorts,
they're trying to set themselves apart
818
:
00:40:59
and get more customers in by adding
more amenities whether it's stand
819
:
00:41:02
up paddle boarding or you know some
sort of bar component you know drinks
820
:
00:41:07
around the campfire with a cash bar.
821
:
00:41:08
But like as you add those more amenities
there's usually a staff component.
822
:
00:41:13
And if we start looking at the to use a
hospitality term even though it doesn't
823
:
00:41:17
apply to tents, cost per occupied room,
you do not see the returns by getting
824
:
00:41:22
more tent sites at $30 a night especially
because those people at $30 a night seeing
825
:
00:41:28
those amenities, they want parts of it.
826
:
00:41:30
And unless you're truly generating cash,
usually a lot of our owners are seeing
827
:
00:41:34
a lot more benefits of picking sites and
upgrading them to either support you know
828
:
00:41:39
full hookup RV or start putting in you
know the geodesic domes, putting in the
829
:
00:41:46
safari tents, the teepees with you know
bedding and heated and all that wonderful.
830
:
00:41:50
Like we see a lot more of that shift
right now for our clients that are
831
:
00:41:54
continuing to be very successful.
832
:
00:41:56
And as they upgrade and upskill um we're
seeing their occupancy either stay flat or
833
:
00:42:03
grow but the ADR is definitely increasing.
834
:
00:42:08
Brian Searl: Makes
835
:
00:42:11
sense.
836
:
00:42:11
Corben, you've been quiet.
837
:
00:42:12
Like you can talk too at the same time.
838
:
00:42:14
Like I just am defaulting to
asking Tyler questions, sorry.
839
:
00:42:17
Anything to add Corben?
840
:
00:42:19
Corben Tannahill: Yeah for me it's
just been really exciting to see
841
:
00:42:21
folks that we've been working with.
842
:
00:42:22
You all see the decisions they're
making, but like Tyler said
843
:
00:42:25
we see what comes out of it.
844
:
00:42:27
And so when they're able to outsource
something whether it's you know a
845
:
00:42:30
marketing piece to you all or other
different components, we see that they get
846
:
00:42:33
their lives back and they get to go spend
time with their kids, their grandkids.
847
:
00:42:37
And I assume you guys see that as
well with the different owners, when
848
:
00:42:39
they get their life back, it's so so
exciting to help them out in that way.
849
:
00:42:43
So that's been neat for
me to see in the industry.
850
:
00:42:46
I agree.
851
:
00:42:47
I think a lot of folks are
transitioning to new seasons and
852
:
00:42:49
so getting to see it's been neat.
853
:
00:42:55
Brian Searl: Anybody else have
anything to add on that topic?
854
:
00:42:56
Do we have any general, I don't know how
we, as always every week, I don't know how
855
:
00:42:59
we end down the rabbit holes that we do.
856
:
00:43:02
It's quite interesting
sometimes, but here we go.
857
:
00:43:06
I am curious though Mike, is there
ever a world where you add luxury
858
:
00:43:10
tenting to Verde or consider it?
859
:
00:43:12
Mike Harrison: Well again when
you say luxury tenting, we
860
:
00:43:14
already have luxury tenting there.
861
:
00:43:16
You know we have glamping
tents and covered wagons.
862
:
00:43:19
And that's why I was saying is
a clear definition of when you
863
:
00:43:21
say luxury, what does that mean?
864
:
00:43:24
Um, uh, you know, luxury tenting, like
what I think what you were describing is
865
:
00:43:29
like what you said, a $300 or $400 tent.
866
:
00:43:31
That is not a glamping experience if
there aren't facilities, you know power,
867
:
00:43:35
water, um um facilities in the tent.
868
:
00:43:40
Um, and so maybe, you, you know,
it's typically not, you know,
869
:
00:43:45
the customer in our properties.
870
:
00:43:46
Um, and you know, the campground
isn't necessarily set up for that.
871
:
00:43:50
Um, but you know, we're in that
mode now of exploring every
872
:
00:43:54
type of revenue opportunity.
873
:
00:43:55
So, you know, it's certainly
something we could look at.
874
:
00:43:58
Brian Searl: Yeah I mean I'm
talking about like you're right.
875
:
00:44:00
Like I'm talking about whatever
that middle market is between
876
:
00:44:03
glamping and the ability to afford
an RV and like basic tenting.
877
:
00:44:08
I think there's a mid market there
that there's a whole lot of people
878
:
00:44:11
around a whole lot of properties in
the United States that I'm not saying
879
:
00:44:14
that's the answer for everybody.
880
:
00:44:16
I'm saying that's one thing out of
dozens that Wendy could consult on
881
:
00:44:20
or Sandy could consult on, right?
882
:
00:44:22
Or or you could consult on Mike from
a third party management perspective
883
:
00:44:25
that just are options for you to be
flexible in whatever today's world is,
884
:
00:44:29
whether that continues next year, gets
worse, gets better, whatever we're in.
885
:
00:44:33
It's always good to be flexible.
886
:
00:44:34
Sandy, you unmuted.
887
:
00:44:36
You got something?
888
:
00:44:36
Sandy Ellingson: Well I think
it's all about first of all
889
:
00:44:36
being true to your brand.
890
:
00:44:36
And so for Mike to go to some
891
:
00:44:38
of his parks and
892
:
00:44:43
put in tents would kill the brand.
893
:
00:44:46
It doesn't match, right?
894
:
00:44:46
When I'm talking about just true tenting.
895
:
00:44:48
At
896
:
00:44:51
the same time as an industry as a
whole, we need parks who are allowing
897
:
00:44:52
tent campers because we need that
onboarding of younger people who can't
898
:
00:44:53
afford to come in, but we want them to
come in and fall in love with camping.
899
:
00:44:59
One of the things I advise, you
know retail has always had what
900
:
00:45:10
they call the loss leader.
901
:
00:45:11
And I will go into Sam's or Costco
all day long to get the $5 chicken.
902
:
00:45:15
Now they are losing money on
903
:
00:45:18
that $5 chicken, but when I
go in there I'm also buying
904
:
00:45:21
a whole lot of other things.
905
:
00:45:23
So it really is about being not
just putting up a tent site,
906
:
00:45:27
but being strategic like Tyler
was saying and what else can
907
:
00:45:34
we engage them to do?
908
:
00:45:34
Because maybe in their tent, which
makes them more apt to rent the
909
:
00:45:36
kayak and rent the boat or go to
have a beer around the cocktail bar,
910
:
00:45:46
right?
911
:
00:45:47
They couldn't do that in an RV,
but they can do it in a tent.
912
:
00:45:47
And the other thing too is we just left
a park and the guy was there in a Tesla
913
:
00:45:49
and his tent setup cost him $30,000.
914
:
00:45:49
And it literally was a tent.
915
:
00:45:50
Okay.
916
:
00:45:50
So this isn't just something
we're talking about that you
917
:
00:45:50
know poor people need, right?
918
:
00:45:50
Or
919
:
00:46:03
young people need.
920
:
00:46:05
These are all
921
:
00:46:08
there's so many variations of
it that I think Mike what you're
922
:
00:46:09
saying is you can't you can't put
a blanket coverage on it either.
923
:
00:46:12
Brian Searl: I want I want to have
Wendy weigh in on ancillary revenue in
924
:
00:46:17
a second because I think you're right.
925
:
00:46:18
Like I remember looking at like grocery
prices, totally unrelated, right?
926
:
00:46:22
Like a week and a half ago, there
was an article about how Walmart
927
:
00:46:25
was lowering prices, but they were
lowering prices on like 10 specific
928
:
00:46:28
goods, like beef or something to get
people in the door to save on the beef.
929
:
00:46:32
And what would end up happening is they
would spend 40 bucks more than they
930
:
00:46:35
would have with the higher expensive
beef because they would come into the
931
:
00:46:38
store to get the beef and then fill
up their carts with everything else.
932
:
00:46:41
So to your point about ancillary
revenue, it's an excellent one.
933
:
00:46:44
Mike, you sounded like
you had something to say.
934
:
00:46:47
Mike Harrison: Yeah well I think you
know I was going to comment you know
935
:
00:46:49
Sandy had used the term loss leader and
I think that's a great way to put it.
936
:
00:46:52
It's you know we're doing the same
things of trying to attract people to
937
:
00:46:55
our campgrounds and resorts of you know
whether it is you throw in a golf cart
938
:
00:46:59
for free you know or you know what are
the different ideas and promotions you
939
:
00:47:03
know so that you attract and bring people
in so that there's any kind of spend.
940
:
00:47:06
And then my second part was going to
be you had said it about flexibility.
941
:
00:47:11
I'll just re term that to versatility.
942
:
00:47:14
I think you know how do you explore
alternative revenue sources for your
943
:
00:47:19
property that you haven't done before?
944
:
00:47:21
Like you know for initially you know
we had didn't you know we didn't accept
945
:
00:47:24
you know like uh rooftop tents or camper
vans um you know six years ago, right?
946
:
00:47:31
A little bit elitist if you will.
947
:
00:47:32
Um but yeah we adapted over the years
as we understood you know how the
948
:
00:47:36
industry has changed and that the
industry did change and what those
949
:
00:47:39
camper vans have become and you know
some of those other you know experiences.
950
:
00:47:43
So I think versatility and being
able to you know be a Swiss Army
951
:
00:47:47
knife in your property and and try
different things is is super important.
952
:
00:47:51
So I I think you know what you
said is is absolutely true Brian.
953
:
00:47:55
Brian Searl: But also you don't want
to be the Swiss Army knife to be clear.
954
:
00:47:57
That's Wendy.
955
:
00:47:58
Wendy Heineke: Yes.
956
:
00:47:59
Mike Harrison: There's only
one Swiss Army knife, yes.
957
:
00:48:01
Wendy Heineke: Yes it is.
958
:
00:48:03
Mike Harrison: She's a Coleman.
959
:
00:48:07
Brian Searl: What do you think of the
ancillary revenue loss leader stuff Wendy
960
:
00:48:10
from a revenue management perspective?
961
:
00:48:11
Wendy Heineke: Well yeah no
it's it's really important.
962
:
00:48:14
What I've seen with a lot of the
resorts out there and campgrounds um
963
:
00:48:19
and as I said I work a lot with um
Campspot, the add ons is so important
964
:
00:48:25
to to have for the ancillary revenue.
965
:
00:48:28
So you know selling the firewood,
selling the golf carts, everything
966
:
00:48:32
when you're making a reservation to
be able to show what is out there
967
:
00:48:37
that you have and that you offer.
968
:
00:48:39
Um and Mike's team has been fantastic
in trying to create and Verde is a
969
:
00:48:44
perfect example, we keep going back
to that, but create also experiences.
970
:
00:48:49
So they have you know add ons
that will create experiences.
971
:
00:48:53
So there's there's one and like I
think it's a whitewater rafting, but
972
:
00:48:58
I can go in, I don't buy it, but I
can see that I can find out about it.
973
:
00:49:02
And that will help me you know when I go
and check out, I may not abandon my cart.
974
:
00:49:07
I'm like oh wow they
offer this kind of stuff.
975
:
00:49:09
I want to find out more about it.
976
:
00:49:11
And so it gives them more
and that's bringing the
977
:
00:49:15
experiences into the customer.
978
:
00:49:17
So it's not just about the
add ons, but the experiences.
979
:
00:49:20
The food, you know we do
a lot of like food trucks.
980
:
00:49:23
And if we don't have food and beverage
in our campground or resort, we partner
981
:
00:49:27
with food trucks and bringing events in.
982
:
00:49:30
And you know that's what will
help bring that revenue in,
983
:
00:49:33
that ancillary revenue in.
984
:
00:49:38
Tyler Otto: Honestly that's true of
all of our best clients is they've got
985
:
00:49:40
something else besides the heads in
beds or you know campgrounds or tents
986
:
00:49:46
on site that is driving the revenue.
987
:
00:49:48
It's a killer F&B operation, you know one
of our clients they just have a boat dock
988
:
00:49:52
on a major river and they're a campground
there but man they print money at the bar
989
:
00:49:57
at this you know restaurant on the water.
990
:
00:50:00
Or you know they're a huge wedding
venue site and they chose a route
991
:
00:50:03
to get rid of the tents but make it
really easy for people to get trailers
992
:
00:50:06
and other stuff in to do weddings.
993
:
00:50:08
And so it's like finding that
ancillary that your your hospitality,
994
:
00:50:13
your lodging side facilitates your
real revenue generating business.
995
:
00:50:17
And I don't think there's
a standard playbook.
996
:
00:50:19
It's your location, it's your site,
it's what you can uniquely do.
997
:
00:50:23
If you're on a river in a party
town then absolutely run with it.
998
:
00:50:26
That won't work for you probably
on some small lake in Minnesota.
999
:
00:50:29
So you know definitely finding
what is that going to be that
:
1000
00:50:33,387 --> 00:50:34,867
ancillary that really sets you apart.
:
1001
00:50:34,897 --> 00:50:36,477
Our best clients seem to always have that.
:
1002
00:50:37,417 --> 00:50:38,707
Brian Searl: Wait, are you
saying people on a lake in
:
1003
00:50:38,707 --> 00:50:39,877
Minnesota don't like to have fun?
:
1004
00:50:39,967 --> 00:50:40,947
Is that what you're saying?
:
1005
00:50:40,947 --> 00:50:43,217
Tyler Otto: I'm saying there's
probably is not as many transients.
:
1006
00:50:45,267 --> 00:50:46,187
Brian Searl: You gotta bring them there.
:
1007
00:50:46,187 --> 00:50:47,817
You gotta build the
resort and they will come.
:
1008
00:50:48,437 --> 00:50:50,757
Tyler Otto: Yeah you know if you're
on a river people will just boat up
:
1009
00:50:50,757 --> 00:50:53,487
for an hour to come drink and float
down, you know you're confined to
:
1010
00:50:53,487 --> 00:50:55,187
that that little lake in Minnesota.
:
1011
00:50:57,097 --> 00:50:57,397
Brian Searl: Fair.
:
1012
00:50:57,707 --> 00:50:57,937
True.
:
1013
00:51:01,177 --> 00:51:03,797
Uh let's spend the last 10 minutes,
let's ask each other some questions
:
1014
00:51:03,797 --> 00:51:05,837
here and see what uh anybody else
wants to think of each other.
:
1015
00:51:06,027 --> 00:51:09,039
Tyler what we normally do is we'll go
around uh we'll just ask like do you have
:
1016
00:51:09,039 --> 00:51:13,897
a question for Wendy or Sandy or Mike or I
don't know I feel like you could ask it to
:
1017
00:51:13,897 --> 00:51:17,387
Corben if you really want to but maybe you
guys talk to each other more regularly.
:
1018
00:51:18,127 --> 00:51:19,647
Do you have a question that
you'd like answered from
:
1019
00:51:19,647 --> 00:51:20,757
either of those three people?
:
1020
00:51:21,777 --> 00:51:24,007
Tyler Otto: I mean I would love
to ask Wendy just because you and
:
1021
00:51:24,007 --> 00:51:24,987
I have the similar background.
:
1022
00:51:24,997 --> 00:51:27,977
We started in hospitality and
then how it translates here.
:
1023
00:51:28,257 --> 00:51:31,967
And I'm curious like before you
got into this, I assume you did not
:
1024
00:51:31,967 --> 00:51:35,427
realize how many crossovers there
are from luxury hotels all of a
:
1025
00:51:35,427 --> 00:51:36,847
sudden into campgrounds and RVs.
:
1026
00:51:37,087 --> 00:51:39,527
What do you feel like the average
owner doesn't realize they could
:
1027
00:51:39,527 --> 00:51:44,797
steal knowledge, resource, best
practice wise from traditional hotel
:
1028
00:51:44,797 --> 00:51:48,897
hospitality that really translates
into glamping and RV resorts?
:
1029
00:51:49,617 --> 00:51:50,647
Wendy Heineke: Um hiring.
:
1030
00:51:51,067 --> 00:51:51,787
Believe it or not.
:
1031
00:51:51,917 --> 00:51:53,617
Hiring hospitality instinct.
:
1032
00:51:54,177 --> 00:52:00,527
Um a lot of people will hire for technical
and not hire for that hospitality.
:
1033
00:52:00,907 --> 00:52:04,647
And you know this is a big issue
in this industry right now is oh my
:
1034
00:52:04,647 --> 00:52:06,307
god I can't find the right people.
:
1035
00:52:06,337 --> 00:52:08,637
I can't you know I can't
hire the right people.
:
1036
00:52:08,637 --> 00:52:10,277
You know look in the right spot.
:
1037
00:52:10,637 --> 00:52:13,797
You know I go back to Mike
because I love Mike but he hires
:
1038
00:52:13,817 --> 00:52:15,367
people from the hotel industry.
:
1039
00:52:15,367 --> 00:52:17,867
And his GMs are from the hotel industry.
:
1040
00:52:18,137 --> 00:52:23,037
That's what people are missing is that
you got to hire for that hospitable
:
1041
00:52:23,037 --> 00:52:24,687
because we have that personality.
:
1042
00:52:24,687 --> 00:52:27,257
We love that hospitality feel.
:
1043
00:52:27,657 --> 00:52:28,767
And we get it.
:
1044
00:52:29,427 --> 00:52:34,117
But in you know the the moms
and pops out there are awesome.
:
1045
00:52:34,117 --> 00:52:37,657
They're they that's what they want to
do but they've never been in it before.
:
1046
00:52:38,037 --> 00:52:44,327
So they they don't understand how
to hire into that hospitality.
:
1047
00:52:47,117 --> 00:52:47,467
Tyler Otto: I like it.
:
1048
00:52:47,467 --> 00:52:48,017
That's what I got.
:
1049
00:52:50,177 --> 00:52:51,137
Brian Searl: All right Wendy your turn.
:
1050
00:52:51,187 --> 00:52:51,727
Got a question?
:
1051
00:52:54,187 --> 00:52:54,737
Wendy Heineke: Sandy.
:
1052
00:52:55,357 --> 00:52:58,847
So when you go into a
property, tell me what you do.
:
1053
00:52:58,847 --> 00:53:02,177
Because I'm so I'd love
to hear what you do.
:
1054
00:53:02,587 --> 00:53:03,897
Mike Harrison: Gosh,
let me get comfortable.
:
1055
00:53:04,167 --> 00:53:09,607
Sandy Ellingson: My background
is technology so I see everything
:
1056
00:53:14,937 --> 00:53:15,797
through the lens of technology.
:
1057
00:53:15,797 --> 00:53:19,227
But my heart is an RVer.
:
1058
00:53:19,227 --> 00:53:19,957
So I go in and look at
:
1059
00:53:22,057 --> 00:53:22,397
it like I'm an RVer, but from a
business standpoint, I look at where
:
1060
00:53:22,397 --> 00:53:25,107
are they losing in that they're not
embracing technology the right way.
:
1061
00:53:25,707 --> 00:53:30,707
I spent a lot of time working
with nonprofits and the thing
:
1062
00:53:30,707 --> 00:53:31,967
with the nonprofits was they
were oversold technology and then
:
1063
00:53:32,077 --> 00:53:34,412
under trained on how to use it.
:
1064
00:53:34,412 --> 00:53:38,317
And that is so often uh you know in the
in the campground industry, especially
:
1065
00:53:38,317 --> 00:53:38,467
when you look at, it doesn't matter
if you're looking at a big one or
:
1066
00:53:42,727 --> 00:53:46,097
a small one or a big group,
they flip property management
:
1067
00:53:46,397 --> 00:53:47,807
softwares fast as I change clothes.
:
1068
00:53:48,697 --> 00:53:51,987
Uh because no one is ever giving
them exactly what they want.
:
1069
00:53:52,067 --> 00:53:56,107
And that is such a waste of
time and energy and every time
:
1070
00:53:56,267 --> 00:53:57,197
they change, they lose data.
:
1071
00:53:57,197 --> 00:53:59,062
So anyway, it's just, uh, I like to
go in and help them learn how to do it
:
1072
00:53:59,062 --> 00:53:59,587
right and to step into the technology.
:
1073
00:53:59,587 --> 00:53:59,597
Uh,
:
1074
00:54:04,247 --> 00:54:04,487
and
:
1075
00:54:07,427 --> 00:54:08,407
then also I, I'm a geek, I'm a total
data geek, and so I want to see what
:
1076
00:54:08,407 --> 00:54:10,107
the data is telling them, not what they
:
1077
00:54:13,717 --> 00:54:14,177
think, but what…
:
1078
00:54:16,107 --> 00:54:16,617
I feel like
:
1079
00:54:20,877 --> 00:54:22,357
the truth is that the data alway
:
1080
00:54:22,357 --> 00:54:22,641
Wendy Heineke: Brilliant.
:
1081
00:54:22,641 --> 00:54:23,493
I love it.
:
1082
00:54:23,493 --> 00:54:24,737
Brian Searl: All right
Sandy you got a question?
:
1083
00:54:26,287 --> 00:54:27,577
Sandy Ellingson: Uh yes.
:
1084
00:54:27,667 --> 00:54:29,387
Okay Tyler, controversial.
:
1085
00:54:30,207 --> 00:54:30,547
Tyler Otto: Hit me.
:
1086
00:54:31,377 --> 00:54:33,377
Sandy Ellingson: I want to know of
all the different property management
:
1087
00:54:33,377 --> 00:54:35,307
softwares that you work with, we're
looking with clients, which one
:
1088
00:54:35,307 --> 00:54:36,027
is the easiest to get a monthly uh
:
1089
00:54:45,757 --> 00:54:47,337
true ledger from?
:
1090
00:54:47,337 --> 00:54:50,917
Tyler Otto: Oh man, this is such a
loaded question because I so first of
:
1091
00:54:50,917 --> 00:54:54,577
all like six or seven of the players in
the space, I actually worked with them
:
1092
00:54:54,577 --> 00:54:56,097
to build their QuickBooks integration.
:
1093
00:54:56,097 --> 00:54:59,197
So like I know the back ends
and I know their issues.
:
1094
00:54:59,697 --> 00:55:00,487
Um
:
1095
00:55:01,547 --> 00:55:04,027
Brian Searl: Which makes the answer
even more interesting, doesn't it?
:
1096
00:55:04,477 --> 00:55:06,817
Yeah have you already
casted for all six here?
:
1097
00:55:06,947 --> 00:55:07,587
Just make sure.
:
1098
00:55:07,587 --> 00:55:13,477
Sandy Ellingson: First company
that Intuit allowed to write
:
1099
00:55:13,477 --> 00:55:14,953
an SDK into their software.
:
1100
00:55:14,953 --> 00:55:18,377
So I go way back to when they bought it
:
1101
00:55:18,377 --> 00:55:19,247
Tyler Otto: Okay, okay.
:
1102
00:55:19,327 --> 00:55:23,717
I mean the cleanest journal entries
and the reason I want to give them
:
1103
00:55:23,717 --> 00:55:28,467
the award is because not only are the
journal entries clean, they reconcile and
:
1104
00:55:28,467 --> 00:55:32,667
everything's perfect, but they have a good
night audit function that locks out prior
:
1105
00:55:32,667 --> 00:55:36,617
periods so your employees can't go change
historical numbers that don't sync over.
:
1106
00:55:37,497 --> 00:55:39,897
I'm going to give the
award to ThinkReservations.
:
1107
00:55:40,367 --> 00:55:42,287
There's a lot of other
good ones out there.
:
1108
00:55:43,557 --> 00:55:47,547
And you know their back end side is
not nearly wow that's going to sound
:
1109
00:55:47,557 --> 00:55:51,397
bad but their back end user is not as
sexy looking as some other softwares.
:
1110
00:55:52,337 --> 00:55:55,797
But the accounting always reconciles,
always checks out and you never have a
:
1111
00:55:55,797 --> 00:56:00,077
guest ledger advanced deposit, city ledger
that all of a sudden doesn't tie out.
:
1112
00:56:00,097 --> 00:56:03,647
We've never had an issue on a
single one of their you know the 20
:
1113
00:56:03,647 --> 00:56:05,317
accounts we work with that use Think.
:
1114
00:56:05,317 --> 00:56:06,877
So I'm going to give them the award.
:
1115
00:56:06,877 --> 00:56:10,477
A lot of other people do good stuff as
well, but they all have at least one or
:
1116
00:56:10,477 --> 00:56:12,297
two minor bugs that I could point out.
:
1117
00:56:13,087 --> 00:56:14,757
Brian Searl: I don't know if
I've heard of ThinkReservations.
:
1118
00:56:14,757 --> 00:56:14,847
Have you?
:
1119
00:56:14,977 --> 00:56:15,657
Wendy Heineke: I haven't.
:
1120
00:56:16,777 --> 00:56:17,187
No.
:
1121
00:56:17,557 --> 00:56:18,087
Brian Searl: Are they in campgrounds?
:
1122
00:56:18,087 --> 00:56:20,837
Tyler Otto: They're they're still
relatively new and they do a lot
:
1123
00:56:20,837 --> 00:56:26,217
more in the smaller end boutique
hotels, but we've seen several glamp
:
1124
00:56:26,247 --> 00:56:29,137
grounds starting to use them, you know
but it's our glamping clients that
:
1125
00:56:29,137 --> 00:56:31,857
are doing three, $400 a night ADR.
:
1126
00:56:31,857 --> 00:56:34,707
Other than that like
ResNexus always ties out.
:
1127
00:56:34,727 --> 00:56:37,537
They just don't understand how to
do house Airbnb accounts and you
:
1128
00:56:37,537 --> 00:56:39,977
have to do a little workaround to
close them out, otherwise you have
:
1129
00:56:39,977 --> 00:56:42,597
this perpetually growing weirdness.
:
1130
00:56:42,987 --> 00:56:45,607
Um you know I mean
everyone's got their quirks.
:
1131
00:56:46,977 --> 00:56:50,107
Sandy Ellingson: And I do think one of
the things you said is that they have
:
1132
00:56:50,687 --> 00:56:51,687
a night audit function closing things
out so you can't go back and edit it.
:
1133
00:56:51,687 --> 00:56:51,867
Because nine times out of ten
when I have to go to war with one
:
1134
00:56:58,157 --> 00:57:01,627
of my friends out to property management
software for a campground, it's
:
1135
00:57:01,637 --> 00:57:06,470
the fact that it's not locked down
and as soon as you figure out what
:
1136
00:57:06,470 --> 00:57:08,381
caused the change, it's all a switch.
:
1137
00:57:08,381 --> 00:57:08,654
Tyler Otto: Yep.
:
1138
00:57:08,654 --> 00:57:11,337
And there's other softwares where
they have a night audit function,
:
1139
00:57:11,337 --> 00:57:15,157
but it doesn't permanently lock
anything out like in ROAD or you know
:
1140
00:57:15,167 --> 00:57:17,157
ResNexus you used to have that issue.
:
1141
00:57:17,587 --> 00:57:20,297
Um you know Campspot it
still has that issue.
:
1142
00:57:20,597 --> 00:57:24,157
So that's where I just if
everything always ties out for me,
:
1143
00:57:24,167 --> 00:57:25,667
ThinkReservations gets the award.
:
1144
00:57:28,097 --> 00:57:28,587
Brian Searl: All right.
:
1145
00:57:28,807 --> 00:57:29,747
Mike, you have any questions?
:
1146
00:57:29,757 --> 00:57:32,017
Mike Harrison: I don't.
:
1147
00:57:33,327 --> 00:57:33,357
Brian Searl: Okay.
:
1148
00:57:33,857 --> 00:57:34,237
You don't?
:
1149
00:57:34,737 --> 00:57:37,087
Mike Harrison: Nope, mainly because
I have to hop off in like 30 seconds.
:
1150
00:57:38,207 --> 00:57:40,477
Brian Searl: Well you could have just
asked a question and left us all hanging.
:
1151
00:57:40,487 --> 00:57:41,767
Like ask a really hard question.
:
1152
00:57:43,437 --> 00:57:44,407
But okay, all right.
:
1153
00:57:48,187 --> 00:57:50,867
I think that's a pretty good discussion.
:
1154
00:57:51,337 --> 00:57:54,397
Like I think we talked uh I think we
had a pretty good conversation about the
:
1155
00:57:54,397 --> 00:57:59,207
differences and nuances and how to adapt
and be adaptable and uh or flexible or
:
1156
00:57:59,207 --> 00:58:00,557
whatever you know we want to call it.
:
1157
00:58:01,117 --> 00:58:04,067
Uh but just look at your I think it goes
back to the same thing that we've that
:
1158
00:58:04,067 --> 00:58:07,557
we talked about on the show many times
before with many different guests is
:
1159
00:58:07,587 --> 00:58:08,997
you need to understand your property.
:
1160
00:58:08,997 --> 00:58:11,667
You need to do you know in the
beginning or even if you've never
:
1161
00:58:11,667 --> 00:58:14,967
done it before, feasibility studies,
understand your market, understand
:
1162
00:58:14,967 --> 00:58:15,967
your niche, understand your audience.
:
1163
00:58:15,967 --> 00:58:16,607
Who's coming to you?
:
1164
00:58:16,607 --> 00:58:17,497
Who are you nearby?
:
1165
00:58:18,017 --> 00:58:19,057
Uh why are they coming?
:
1166
00:58:19,057 --> 00:58:19,977
How long are they staying?
:
1167
00:58:19,977 --> 00:58:22,127
And then and then regularly
like does that change?
:
1168
00:58:22,517 --> 00:58:25,737
Because I think for some
people that's changed in:
2026
:
1169
00:58:26,837 --> 00:58:29,107
I think the economy has made it change.
:
1170
00:58:29,117 --> 00:58:32,567
Now whether that reverses back
in:
2027
:
1171
00:58:33,117 --> 00:58:36,607
Whether the temporary lowering of
gas prices, which are about to go
:
1172
00:58:36,607 --> 00:58:41,157
up in a couple days again, uh um
is is a is a thing that's driving
:
1173
00:58:41,157 --> 00:58:42,667
behavior, we don't know yet.
:
1174
00:58:42,687 --> 00:58:45,757
Scott Bahr seems to think lower gas prices
help our industry up to a certain point
:
1175
00:58:46,567 --> 00:58:47,987
and the data is there that shows that too.
:
1176
00:58:48,457 --> 00:58:51,977
But I think the point is just understand
your audience as deeply as you can,
:
1177
00:58:52,307 --> 00:58:55,997
look at your numbers as deeply as
you can, hire a Swiss Army knife
:
1178
00:58:55,997 --> 00:58:57,977
if you need to, if he's available.
:
1179
00:58:58,467 --> 00:59:01,667
Uh you know have a good
accountant, have good teams, right?
:
1180
00:59:01,667 --> 00:59:03,767
Whether it's internal,
external, whatever else.
:
1181
00:59:04,137 --> 00:59:05,977
Obviously talk to Corben
too, he's been quiet.
:
1182
00:59:06,437 --> 00:59:11,087
Uh and and just overall just be
ready to pivot, move, and adapt
:
1183
00:59:11,117 --> 00:59:15,117
because this industry and the world
kind of is seemingly changing a
:
1184
00:59:15,117 --> 00:59:19,127
little bit faster than it ever has
in the history of let's call it
:
1185
00:59:19,127 --> 00:59:20,837
camping or really the world before.
:
1186
00:59:21,607 --> 00:59:24,267
Uh and so if you're prepared for that
by understanding who you have and where
:
1187
00:59:24,267 --> 00:59:27,327
you can go and how you can move, then I
think you're all the better off for it.
:
1188
00:59:28,177 --> 00:59:30,997
So final thoughts Tyler, where can
they find out uh final thoughts about
:
1189
00:59:30,997 --> 00:59:33,157
the show and then where can they find
out more about your accounting firm?
:
1190
00:59:34,147 --> 00:59:34,967
Tyler Otto: Uh sure.
:
1191
00:59:34,977 --> 00:59:36,377
Final thoughts about the show.
:
1192
00:59:36,747 --> 00:59:40,047
Um know what you want to do for the next
five years, whether you're going to sell,
:
1193
00:59:40,047 --> 00:59:43,437
whether you're going to own, whether you
want to mitigate taxes or you plan to
:
1194
00:59:43,437 --> 00:59:48,317
grow, because making a single financial
accounting tax decision just with this
:
1195
00:59:48,317 --> 00:59:50,167
year in mind is a really bad idea.
:
1196
00:59:50,607 --> 00:59:52,417
So know what you want to
do, have that laid out.
:
1197
00:59:52,417 --> 00:59:56,227
If you guys want to connect with us more,
want to talk to uh me or you know the
:
1198
00:59:56,227 --> 01:00:02,137
handsome man down below, Corben, uh just
reach out to [email protected] .
:
1199
01:00:02,137 --> 01:00:03,317
We're Specialized Accounting.
:
1200
01:00:03,597 --> 01:00:06,887
You can find us online and yeah,
we love nerding out on hotels
:
1201
01:00:06,887 --> 01:00:08,487
and campgrounds, so hit us up.
:
1202
01:00:09,857 --> 01:00:10,767
Brian Searl: Thanks for being here Tyler.
:
1203
01:00:10,767 --> 01:00:11,677
Corben, same to you.
:
1204
01:00:11,997 --> 01:00:12,147
Final thoughts?
:
1205
01:00:12,157 --> 01:00:12,427
Corben Tannahill: Likewise.
:
1206
01:00:12,567 --> 01:00:13,667
Yeah, excited to meet you guys.
:
1207
01:00:15,857 --> 01:00:16,507
Brian Searl: Thanks for being here.
:
1208
01:00:16,507 --> 01:00:17,257
I appreciate you Corben.
:
1209
01:00:17,267 --> 01:00:18,647
Sorry we didn't get to
talk to you too much.
:
1210
01:00:18,647 --> 01:00:20,577
It's I'm not used to having
two people from the same place.
:
1211
01:00:21,977 --> 01:00:23,917
Wendy, final thoughts and where
can they find out more about
:
1212
01:00:23,917 --> 01:00:25,217
Hospitality America, Across America?
:
1213
01:00:25,937 --> 01:00:26,647
Wendy Heineke: This is great.
:
1214
01:00:26,657 --> 01:00:27,117
Thank you.
:
1215
01:00:27,117 --> 01:00:29,717
I think it's um I love the the banter.
:
1216
01:00:29,717 --> 01:00:32,417
This is my first time on here and
I love the banter back and forth.
:
1217
01:00:32,417 --> 01:00:34,927
Um you know Mike always
makes it usually fun.
:
1218
01:00:36,087 --> 01:00:40,167
But uh you can find me at
hospitalityacrossamerica.com
:
1219
01:00:40,177 --> 01:00:43,467
or um [email protected] .
:
1220
01:00:43,657 --> 01:00:44,857
We're also on LinkedIn.
:
1221
01:00:44,857 --> 01:00:46,067
So I do a lot on LinkedIn.
:
1222
01:00:46,607 --> 01:00:49,007
Uh do a lot of blogs and
post every other week.
:
1223
01:00:49,007 --> 01:00:51,847
So uh usually where I'm most active.
:
1224
01:00:52,957 --> 01:00:53,287
Brian Searl: Awesome.
:
1225
01:00:53,297 --> 01:00:54,207
Well thank you all for being here.
:
1226
01:00:54,207 --> 01:00:54,637
I appreciate it.
:
1227
01:00:54,667 --> 01:00:56,772
We don't have another Outwired show
today, so you guys won't be able
:
1228
01:00:56,772 --> 01:00:58,317
to see more of me and Scott Bahr.
:
1229
01:00:58,317 --> 01:00:58,867
We're taking the week off.
:
1230
01:00:59,367 --> 01:01:02,357
Uh but we'll see you next week on
another episode of MC Fireside Chats.
:
1231
01:01:02,357 --> 01:01:03,227
Thanks for being here guys.
:
1232
01:01:04,057 --> 01:01:04,287
See ya.
:
1233
01:01:04,287 --> 01:01:04,477
Wendy Heineke: Thank you.