Ep 11. My Guests Are Number One
- February 14, 2017
- 40 min
Billion Dollar Buyer is a reality TV show that follows the successful businessman and owner of Landry's Inc., Tillman Fertitta, as he travels across the country in search of new and innovative products for his various businesses. In each episode, Fertitta meets with a group of entrepreneurs who pitch their unique products in hopes of securing a deal with one of his many properties.
In season 2 episode 11, titled "My Guests Are Number One," Fertitta is on the hunt for products for his vast hospitality empire, which includes hotels, restaurants, and casinos. He meets with a diverse group of entrepreneurs, each with their own product that they believe will be a hit in the hospitality industry.
The first entrepreneur to meet with Fertitta is the owner of a company that creates luxury handmade candles. Fertitta is impressed by the quality and presentation of the candles, but worries that the price point may be too high for his properties. He challenges the entrepreneur to come up with a strategy for making the candles more affordable without sacrificing their high-end appeal.
The second entrepreneur presents Fertitta with a unique souvenir product that she believes would be a hit in his hotels and casinos. The product is a personalized portrait of guests, created using a unique printing process. Fertitta is intrigued by the idea but challenges her to come up with a way to scale the product for a larger audience.
The third entrepreneur pitches Fertitta on a product that he believes will revolutionize the hotel industry: an app that seamlessly integrates all hotel services onto one platform, allowing guests to customize and manage their entire stay from their phone. Fertitta is impressed by the potential of the app but questions the entrepreneur on the logistics of implementing it across all of his properties.
The final entrepreneur presents Fertitta with a unique product that he believes will be a hit in the hospitality industry: a portable heated blanket that is perfect for outdoor events and activities. Fertitta is impressed by the product's versatility and potential for use in both his hotels and restaurants.
Throughout the episode, Fertitta challenges each entrepreneur to refine their product and come up with a strategy for scaling it for his properties. He offers them insights and advice on how to navigate the competitive hospitality industry and successfully pitch their products to potential buyers.
In the end, Fertitta must decide which (if any) of the entrepreneurs he will offer a deal to and bring into his empire. The decision is not an easy one, as each entrepreneur had something unique and valuable to offer.
Overall, "My Guests Are Number One" is an entertaining and informative episode of Billion Dollar Buyer that highlights the challenges and opportunities that entrepreneurs face when trying to break into the competitive hospitality industry. Fertitta's expertise and insights are invaluable to the entrepreneurs, and viewers are sure to walk away with a better understanding of what it takes to succeed in this highly competitive field.