This Business Model Turns Rentals Into 7-Figure Resorts | Ep. 223 with Jorge Martinez and Andre Vinay Co-Founders of Black Development Group

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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