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Are you comparing a Hilton franchisee to an Uber driver, because it sounds like it. I haven't checked on the qualifications to independently own/operate a Hilt

• MattGaiser 6y ago
  Yes I am. > but something tells me one must have at least a million in assets " Rather, they are the faceless independent contractors of the hotel business, except ones which have a bit more capital than your lunch delivery driver." I acknowledge that. I don't deny that the Hilton owner/operator has larger numbers on his balance sheet. I am just saying that the dynamic is similar between a Hilton operator and Hilton and an Uber driver and Uber. > probably hover around zero assets on average at any given point in time. No. They have a $10,000 (around that to get approved for Uber) car instead of a million dollar hotel. Or more likely in both cases, they have a million dollar car loan rather than a $10,000 car loan.
  • viklove 6y ago
    The difference, of course, is that the hotel owner likely has a car (or three) as well, and even if you don't drive for Uber you'll still need the car to get to/from your new job. Most Uber drivers own a car before starting to drive for Uber. I haven't met a hotel operator who just had a hotel laying around before they decided to start operating it, though.