At 8.30pm local time on March 28, lights and electronics were switched off across the globe as part of Earth Hour 2015. The first Earth Hour was held in 2007 in Sydney, Australia. It is now a global phenomenon, and an open declaration of the global desire to reverse the impact of climate change. Participants […]
Furniture asset management best practices – Planning the lifecycle of furniture
How frequently should you update your furniture? Let’s take hospitality as a benchmark. It’s a good example because it’s one of the core industries we specialize in, and its high furniture use means it tends to have well-structured furniture asset management processes. In hospitality we find the average furniture asset lifecycle is seven years, which […]
Renovations, hotel furniture and sourcing domestically
As a specialist in furniture asset management for the hospitality industry, we like to keep track of news of renovations, updates and plans from brands, hotel owners and franchisees. Since the downturn of 2008 the industry continues to gain momentum and we have seen a strong year-on-year demand for furniture asset management services. There are […]
Furniture asset management best practices: Working onsite
In a recent post we discussed one of the cornerstones of furniture asset management; inventory management. At The Refinishing Touch we not only provide refinishing, remanufacturing and re-upholstery services, we also help our customers to manage and track those furnishings and fixtures as capital assets, using web-based asset management tools. When TRT was founded back […]