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Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Saturday, March 28, 2009

Travel - renovation and a competitive advantage!

Interior makeovers give historic buildings new life as hotels

Historic buildings that evoke the elegance of a past era are finding new lives as modern, instantly iconic hotels.

One benefit of the reuse, recycle mindset that has developers creating fabulous new properties in the shells of once-grand buildings is that elegance and glamour are returning to interior design.

This is just an informative article for our customers.

http://www.hotelinteractive.com/article.aspx?articleid=13065

Renovations:

The development of capital replacement budgets and the setting aside of reserves for replacement are long term strategies that keep a property fresh and competitive in the marketplace. If an organization has reserves for replacement set aside, now may be a good time to implement needed renovations which will allow the property to emerge stronger when the economy improves.

The accelerated price of energy earlier this year suggests that renovations related to energy efficient technology would yield future returns. If the property is experiencing reduced occupancy, renovation disruptions will be minimized relative to the guest experience. So, I think we did very well for the past year!

A native of Germany, he says this is a European sensibility. "In America you think, 'It's bigger, it's better,' but many places in Europe you didn't have the space, so you made very small jewels."

This is exactly how we think about our property as a "JEWEL" - that is!

Renovation, staying in business in tough times and meeting the "GREEN" guidelines

http://www.ahla.com/Green.aspx?id=24560

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and just another 'Green" fun link!

http://green.yahoo.com/blog/daily_green_news/8/twelve-amazing-shipping-container-houses.html


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Sunday, March 22, 2009

Innovation in tought times

How it helps when you keep your networking live and building it continually.

I don’t know too many small business owners hanging around looking for bailouts. The bailout of choice for the small business owner is innovation and determination.

ONE great step we took in the last year was Renovations:
The development of capital replacement budgets and the setting aside of reserves for replacement are long term strategies that keep a property fresh and competitive in the marketplace.
If an organization has reserves for replacement set aside, now may be a good time to implement needed renovations which will allow the property to emerge stronger when the economy improves.

The accelerated price of energy earlier this year suggests that renovations related to energy efficient technology would yield future returns. If the property is experiencing reduced occupancy, renovation disruptions will be minimized relative to the guest experience.


I am listing this link here in this posting to bring it to live that we, the small businesses are trying so many ways to be innovative and make our businesses going and more attractive in this economic downturn!

Innovation in tough times

developing oneself

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Thursday, December 11, 2008

"GREENING" My Place!



Ah...GREEN, when I say the word, I think of CLEAN!
Green is also my color of preference!

It's always great to share your story; someone might learn something from it!

I. Even the 1st year when we took over, the one small thing we took care off was the light bulbs - CFL (compact Fluorescent Lights). They were replaced with the CFL in all fixtures that we could fit them in, indoor or outdoor lighting.

II. Recycling was always a passion of mine, I could call myself a "recycler" fanatic. We determined that we will continue our habits, no matter were we live. (P.S. - I am also making arts out of recycle goods)

TIPS (for the house):
  • Invest in a dishwasher, you will be using less water, detergent and time to accomplish the task!
  • Do not place stove, dishwasher or other heat producing units next to the refrigerator or freezer
  • One common thing is, people overlook using cloth rags instead of towel paper; it's still a better option even so you have to do laundry - or use sham-wow!
  • Find a better cleaner - non-toxic, organic
III. I immediately implemented the bed sheets/towels program,


For those that are not familiar with this: if a room is occupied more then one night, we ask customers to request when they want the bed sheets changed and for used towel to drop them in the shower area, like this I know to leave fresh towels for them. (this saves you on laundry, detergent, water and labor.) - for more info visit here!


IV. Replacing old windows, imagine they were the originals, one pane window on old frame....
We looked for an energy star product and had the job done the 1st winter here, double pane, locally produced...
I can FEEL the difference now!

Concluding after one busy season, we decided to remodel the bathroom, however, I call this a DESIGNER MAKE OVER - it is so much more then just deep skin cleaning and having a new shower area.

Improvements of the bathrooms where to start fresh, everything went out the door and the new and sustainable products were replacing those old things.

MORE savings tips:
  • replacing soap bars with liquid soaps
  • install a toilet that - preferably, has a dual flush, (I went from a 4gal/use to 1.6gal/use)
  • place recycle bins in your work and kitcken area, this is a good reminder.
  • use a low flow shower head that can save you some money and give you even more then you expect
Overall, I felt like I had 2 Full Time Jobs, even so I like to call this establishment my business.
The East wing was finished this past spring and now we are almost done with the West wing, as I like to call it.