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ARTICLE · 24 JULY 2008

Smart Planning In The Construction Contract Will Save Properties Both Time And Money

This article was first published in the May 2008 issue of Focus, the publication of the New York State Hospitality & Tourism Association.

United StatesReal Estate and Construction

This article was first published in the May 2008 issue of Focus, the publication of the New York State Hospitality & Tourism Association

Do Not Leave the Meter Running During Renovation Projects

A room rendered unavailable because of ongoing construction is a running taxi meter of lost income. Just as a passenger in a taxi would not wait until the driver has traveled for ten minutes before announcing the destination, a hotel operator must clearly set out both the destination and route of its project before starting the work. Unless the destination and route are finalized before work begins, hotel operators risk being inundated with delays, increased costs and the prospects of a failed project.

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