Joseph Farley
Cost Benefit Analysis...
Refinishing Furniture Saves Hidden Costs for Hotels,
Resorts and Casinos Nationwide
Hospitality Cost Benefit Analysis show the impact of refinishing your furniture instead of replacing it.
How can you reduce cost, maintain brand standards and save on capital expenditures while still helping the environment? SIMPLE. With the “New Normal” that has been the standard since 1977. Since its inception, The Refinishing Touch® has pioneered cost effective solutions with environmentally safe, on-site refinishing, reupholstering and armoire conversion technology. Increase your ROI with custom solutions by The Refinishing Touch® that provides a warranted process that improves the look of your property at savings of up to 80% on your existing furniture assets.
| Hospitality Customer | Total Cost for New Furniture | Total Cost to Refinish Furniture | Percent Savings |
| Hyatt Harborside Boston, MA | $ 687,612.00 | $ 239,480.12 | 65.2% |
| Doubletree Hotel - Charleston, SC | $ 403,599.18 | $ 55,359.00 | 86.3% |
| Best Western - Carmel Misson Inn | $ 148,263.29 | $ 43,042.48 | 71.0% |
| Hilton Dedham, MA | $ 907,603.20 | $ 193,204.96 | 78.7% |
| Hilton, OH | $ 14,296.80 | $ 1,217.00 | 91.5% |
| Homewood Suites, NC | $ 243,710.40 | $ 43,864.33 | 82.0% |
| Hampton Inn & Suites | $ 327,122.40 | $ 80,369.86 | 75.4% |
Refinishing Furniture Saves Taxpayer's Money
Government Cost Benefit Analysis are available for projects for all branches of the military, Department of Defense, and The White House.
In this year's budget, you need to replace or refinish furniture for the lowest cost possible. The savings available for refinishing furniture is clear for this one-time purchase.
What isn't apparent is the fact that refinished solid wood pieces of furniture will be more durable and require less maintenance than new pieces purchased today. New furniture today made of veneers and composites will not last a decade, and you will have to work furniture into your budget again in one-third of the time!
| Government Customer | Total Cost for New Furniture | Total Cost to Refinish Furniture | Percent Savings |
| The White House | $ 63,465.89 | $ 26,077.00 | 58.9% |
| Maxwell Air Force Base | $ 375,315.15 | $ 58,012.70 | 84.5% |
| Tinker Air Force Base | $ 326,603.01 | $ 144,004.84 | 55.9% |
| Travis Air Force Base | $ 117,774.72 | $ 26,291.40 | 77.7% |
| Naval Station San Diego | $ 84,432.00 | $ 10,186.80 | 87.9% |
| Little Creek - Williams Hall | $ 31,038.50 | $ 11,552.90 | 62.8% |
| Ft. Leonard Wood | $ 454,909.20 | $ 170,350.33 | 62.6% |
Refinishing Furniture Saves University Overhead
Student Housing Cost Benefit Analysis offer real proof of the reward for on-site furniture.
Right now, you need to replace or refinish furniture for the lowest cost possible. The savings available for refinishing furniture is clear for this kind of one-time purchase.
What isn't apparent is the fact that refinished solid wood pieces of furniture will be more durable and require less maintenance than new pieces purchased today. New furniture today made of veneers and composites will not last a decade, and you will have to work furniture into your budget again in one-third of the time!
| University Customer | Total Cost for New Furniture | Total Cost to Refinish Furniture | Percent Savings |
| Georgetown University | $ 1,178,477.85 | $ 204,601.55 | 82.6% |
| John Hopkins Medical School | $ 914,693.84 | $ 260,616.40 | 71.5% |
| Western Kentucky University | $ 393,120.00 | $ 95,400.00 | 75.7% |
| University of San Diego | $ 435,366.76 | $ 71,993.00 | 83.5% |
| University of Cincinnati | $ 817,505.28 | $ 140,361.00 | 82.8% |
What the Graphs don't show: Hidden Costs
Downtime - at a rate of 10-20 rooms per day, rooms refinished in the morning can be released for the use of paying guests that same evening.
Disruption - Another cause of down-time is the potential disruption that could be caused by noise, workers, and the odors of improperly ventilated VOCs, not to mention the legal requirements of closing a location to the public, and cutting off ignition sources, like electricity!
Planning and resources - If you purchased new furniture, who would have to move the old pieces out? Replace them with new? Who would ensure that the measurements of the new pieces fit in your guest rooms? Who would take care of it if something was unexpectedly too large or too small? Refinishing furniture reduces such human capital and logistical concerns.
Quality - It is likely that your current guest room furnishings better quality than new furniture you might purchase today. Composite wood materials with veneers glued to their surfaces may look beautiful in the short term, but these pieces will not last as long as the solid-wood furniture you already have.
With The Refinishing Touch, all of the work is completed on the furniture already in the room. You know it fits perfectly. There is nothing to move into or out of the rooms, and you can use the rooms right away!