Following record-breaking numbers in the stock market at the close of 2013, the tourism and hospitality industry is expected to see a surge of business in 2014. Last month Boston.com reported that occupancy levels are expected to increase with an estimated 6% increase in revenue per room. If all goes as predicted, it will mean big business for hotels in the coming year.
So what can hoteliers do to prepare? Corporate investment in renovations is crucial, and time is of the essence. By taking advantage of slower months between busy travel seasons, establishments can capitalize on future gains by revisiting PIPs and getting a head start on medium-to-large scale renovation projects.
While Boston.com makes the case for sourcing goods from local suppliers, it is also important for hoteliers to consider what can be kept, rather than what can be replaced. Furniture asset management provides cost-effective refinishing, re-upholstery and remanufacturing for a brand-new look and feel and an extended life for its assets.
We at The Refinishing Touch have completed refinishing, reupholstery and re-manufacturing projects in hotels of every size for more than 35 years and continue to demonstrate significant financial benefits to brands. Furthermore, all finishes are non-toxic and non-flammable allowing for clean, on-site furniture refinishing. Furthermore, furniture is not removed from your facility – dramatically reducing logistical costs and downtime.
Are you planning a renovation project in 2014? Want to learn more about The Refinishing Touch’s sustainable furniture asset management services? Contact us at email@example.com or request a free quote today.