E112 What Makes This Glamping Site a Top Pick for Investors?
REI Hot Seat with Andrew Hines and The Investments Group
Shownotes Transcript
Offer open to Accredited Investors Only: https://grottoinvest.com
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In E112 of the REI Hot Seat, Andrew Hines and Jacob Campagnaro discuss their glamping site near Tobermory, Ontario, which they’ve transformed from a traditional campground into a premium glamping destination.
With 70 bylaw-approved spots, including 30 currently used for glamping, they focus on creating a unique guest experience.
Their plans include adding amenities such as hot tubs, saunas, activity areas, and blanket Wi-Fi, as well as introducing high-end accommodations with modern features like full-sized beds, kitchens, and bathrooms.
Their goal is to appeal to a broad audience, including those who may not traditionally camp, while turning the site into a self-contained destination leveraging the natural beauty of the area.
They reflect on the challenges and successes of transitioning from low-revenue seasonal campers to high-value guests. By using customer feedback and strategic investments, Andrew and Jacob aim to enhance the site’s reputation, lengthen stays, and create memorable, Instagram-worthy experiences.
The discussion also covers their equity raise efforts, which are open to Accredited Investors Only, to fund further improvements and expansion into premium offerings, underscoring their commitment to scalability and profitability.
To learn more about our glamping resort check out: https://www.grottogetaway.com
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E112 What Makes This Glamping Site a Top Pick for Investors?
01:17 - Campground Overview
02:02 - Equity Updates
05:03 - Glamping Expansion
06:01 - New Amenities
10:38 - Regulatory Flexibility
14:01 - Glamping Transition
18:23 - Investment Outlook
23:01 - Risk Mitigation
26:01 - Customer Feedback
Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.
Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.
His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.