A short, off-cycle conversation. Zach asks Tom how he ended up in hotel investing, where he actually likes to travel, and what advice he'd give his younger self.

Tom is Co-Founder and CEO of TBD Companies, a hotel and hospitality investment platform. He spent ten years at Related Companies, most recently leading the Equinox Hotel at 35 Hudson Yards from financing through its 2025 sale.

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A candid conversation about technology in hotels — where it stands today, why it's lagging, and how investors and operators should be thinking about it differently.

Learn more at tbdcompanies.com | Listen on Spotify, Apple Podcasts, and Amazon Music.

Introducing TBD Companies and why we like hotels. We talk about the different components of hotels, what makes them interesting, and compare hotels to other asset classes.