Mitch Patel plans hotel company expansion
Mitch Patel says his company, Vision Hospitality Group, plans to add 15 hotels in the next three years to its 40-plus properties, many of which will be larger and costlier than recent forays. “Even though we have a lot of new hotels in our pipeline, I really believe that demand is going to outpace supply in our industry for the next five to seven years,” Patel said.