Two Former Professionals Turn Historic Mansions into Operating Boutique Hotels

Ryan Hiser and David Tran operate two boutique hotels in Kansas City’s Southmoreland neighborhood, a move that began with a short-term rental strategy in their first home. The pair now own and manage The Aida and The Truitt, properties housed in historic mansions that sit within walking distance of the Nelson-Atkins Museum.

The business model originated in the West Plaza neighborhood. Hiser and Tran purchased a two-bedroom, one-bathroom home and converted it into an Airbnb listing. The revenue from that rental helped them purchase their second property in the Rockhill neighborhood. After renovating that second home, the two identified a shared interest in historic properties that led to their current hospitality ventures.

Hiser, a former counselor, and Tran, a former pharmacist, describe their entry into the hotel industry as accidental. Tran stated that they did not expect to be running hotels. Their roles within the business are distinct. Tran handles design, focusing on the curation of common areas and guest rooms. Hiser manages the operational logistics of hospitality.

Tran aims to preserve original architectural elements while introducing modern design features. He stated that the goal is for guests to see something they have not encountered before when entering a room. The aesthetic strategy is described by the team as similar to staying at the home of a well-connected friend. The decor includes works from local artists and unique furniture pieces sourced from across the country.

Hiser compares the daily operations of the hotels to a theatrical production. He said the team strives to keep the properties in a stage-ready condition every day. This operational focus ensures that the guest experience is consistent with the design intent established by Tran.

Sourcing the interior elements for the properties involves significant travel. The pair frequently rent U-Haul trucks to drive around the country in search of specific furniture and art. They evaluate pieces based on shape and restoration potential. They maintain a relationship with a specific upholsterer to assist in the restoration process. Local art is integrated into the spaces to reinforce the connection to the surrounding museum district.

The maintenance of historic structures presents ongoing financial demands. Hiser noted that old homes require substantial capital for preventative care and unexpected repairs. The pair views these costs as an inherent part of managing historic properties.

The guest base for The Aida and The Truitt includes European road trippers, art enthusiasts, and business travelers. Tran often recommends local dining options to visitors, specifically citing Oddly Correct. The hotels serve as a base for guests exploring the historic architecture and cultural institutions in the Southmoreland area.

The two properties are located in a neighborhood known for its blend of historic architecture and museums. The proximity to the Nelson-Atkins Museum allows the hotels to maintain a design-forward approach that complements the surrounding cultural environment. The business operates with a focus on preserving the character of the mansions while providing modern amenities.