The Braadcast with Marc Wachsberger (S2, Ep 1): "Building The Capital Hotels"

In hospitality, the assumption has always been that more is better. More services. More amenities. More complexity.Marc Wachsberger looked at that assumption and did the opposite.In 2008, while hotels were overpriced and apartments stood empty, he spotted a disconnect the rest of the industry had overlooked. Customers weren't getting what they actually valued. So he stripped everything back, leased a few apartments, furnished them himself and built a model around one simple idea - do less, but do it better.In Season 2 Episode 1 of The Braadcast, Norman Raad sits down with Marc Wachsberger, Founder of The Capital Hotels, Apartments and Resorts, to unpack the journey from corporate finance to founder, from carrying bags in the early days to leading a business of over 1,000 people, and what it truly takes to build resilience in one of the toughest sectors when crisis hits.This isn't just a conversation about hospitality. It's about seeing opportunity clearly, backing your instincts and having the discipline to remove everything that doesn't matter.In this episode, we explore:🔹 How Marc spotted a gap in the hospitality market that nobody else was acting on.🔹 The early days of building The Capital from the ground up.🔹 Why simplicity is harder to execute than complexity.🔹 Scaling to over 1,700 rooms while maintaining quality and culture.🔹 How The Capital survived and protected jobs through COVID-19.🔹 What the future of hospitality looks like in South Africa.Whether you're an entrepreneur, a business leader or someone who believes the best ideas are often the simplest ones, this conversation is one you won't want to miss.EPISODE CREDITS:Host: Norman Raad (CEO, Broll Auctions and Sales)Guest: Marc Wachsberger (Founder, The Capital Hotels, Apartments and Resorts)Podcast Director: Codi Bentley (Multimedia Designer, Broll Auctions and Sales)Series Coordinator: Lesley Saunders (Head of Marketing, Broll Auctions and Sales)Marketing & Distribution: Hayleigh Kolbe (Marketing Assistant, Broll Auctions and Sales)Studio Production: Kevin Fanny (Multimedia, Broll Auctions and Sales)