Graduate Hotels: Ben Weprin

How I Built This · 23 Sept 2024 · 1h 05m

What this episode covers

Ben Weprin, founder of Graduate Hotels and AJ Capitol Partners, explains how he transformed a dilapidated Days Inn in Chicago into Hotel Lincoln, establishing a design-driven model that reflects local university culture. He details the creation of the Graduate brand, which uses specific alumni and local history to differentiate each property, and describes how the chain survived the COVID-19 pandemic by securing capital to pay mortgages. Weprin ultimately sold the Graduate brand to Hilton for over $200 million to resolve debt, while his firm AJ Capitol retains ownership of the real estate assets.

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