Where the purpose of BITAC is to help hoteliers, suppliers and other resources in hospitality network, share insights and increase profits year-round, the pending New Year seems like an even more appropriate time to predict and discuss trends for 2013. When hoteliers and their suppliers put their heads together, guest experiences and bottom lines benefit, as proven by the BITAC Owners Poll findings published in Hotel Interactive.
For example, the poll showed concerns regarding the fiscal cliff — when a hike in the capital gains tax could to go into effect if government can’t reach a deal. Of respondents, 48.8 percent said it was their top concern heading into 2013. It’s likely influencing major corporate decisions, such as staffing, as it could be more expensive to do business. Twenty-five percent said the New Year will be great, “no worries.” An inability to push rates got a 20.2-percent tally, and the expansion of ADA requirements garnered six percent of the vote.
Fifty-four percent of hotel owners say there is a little bit of wiggle room to cut expenses at their hotel; 27.9 percent say they can still reduce costs in many areas. Eighteen percent say “no way,” they’ve cut back everywhere they can.
Nineteen percent of hotel owners say a lobby renovation brings them the best ROI, topped only by energy management, at 50.8 percent. Upgrading bathroom equipment got 17.5 percent of the vote, with Internet connectivity gathering 12.7 percent of respondents.
The Refinishing Touch has been addressing both of these hotel concerns – cutting overhead costs and reaping renovation rewards – since 1977. Our quick revamping solutions allow our production team to refinish and renovate up to 10 to 20 guest rooms each day, with little to no downtime involved for your business.
Our award-winning, on-site furniture refinishing and re-upholstery services make the most of existing furniture assets, avoiding the hazardous pile up in landfill wastes around the globe. Our environmentally-safe processes save hotels, universities and government facilities up to 80 percent in budget costs when compared to buying new furniture, preparing business owners to meet the marketplace challenges of 2013 while leaving more money in their pocket.