In November 2022, Quore celebrated its 10-year anniversary and announced that it has more than 5,600 hotels leveraging its platform to streamline operations, improve accountability and make internal communications seamless. Additionally, during the last 10 years the company’s customer base has expanded to all 50 states and into 35 countries, including a wide variety of property types from smaller independents to resorts and large properties. So, Hospitality Technology reached out to Scott Schaedle, CEO, Quore and asked him to share some of the lessons he’s learned during his last decade in business.
1. Build a Solid Business Model
“One of the most important lessons I learned before I started Quore was that you have to build a solid business model. You need to have a product that people want, that serves a purpose and that makes sense within the current market. And just because you think you have it right on paper doesn’t always mean it will succeed at first.”