This Business Model Turns Rentals Into 7-Figure Resorts | Ep. 223 with Jorge Martinez and Andre Vinay Co-Founders of Black Development Group
Update: 2025-05-21
Description
Jorge Martinez and Andre Vinay, co-founders of Black Development Group, join Founder’s Story to reveal how they’ve reimagined hospitality by turning apartments into branded hotel-style residences. With a growing partnership with Wyndham, they’re building global investment-friendly resorts in places like Tulum, Los Cabos, and Punta Cana—offering individuals a new way to own a piece of paradise.
Key Discussion Points
- From Hot Dogs to Hotels: How Andre began as a teen entrepreneur
- The Condo-Hotel Model: Why selling individual units funds entire resort builds
- Strategic Partnerships: How Wyndham helped them go global
- Ownership, Not Headaches: Giving investors turnkey properties without the hassle
- Scaling Across Borders: Why Costa Rica and the Dominican Republic are next
- Lean Hotel Ops: How tech and outsourcing reduce overhead and boost profit
- Defining Success: Why they believe they're still just getting started
Key Takeaways
- Partnership beats competition when scaling fast
- A profitable hotel doesn’t need a front desk—just a smart system
- You can own a slice of a global resort without building from scratch
- Innovation often lies in blending business models, not reinventing them
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