The Nine Circles of CapEx Spreadsheet Hell
Most hotel owners will be receiving 2018 CapEx plans from their hotels in the next few weeks. Most of those CapEx plans will be submitted on Excel spreadsheets.
This is a perfect time (maximum pain levels) to consider The Nine Circles of CapEx Spreadsheet Hell, and develop strategies for a move to CapEx Planning Paradise.
- What is wrong with using CapEx planning spreadsheets?
- What are the alternatives?
- What specific steps should owners and operators take?
Avoid CapEx Spreadsheet Hell!
Read this article:
Highest and Best Use – CapEx Part III – CapEx Spreadsheet Hell
R-A Associates was established in 2005 to provide hotel owners and operators with management consulting services focused on creating and sustaining the long term value of hospitality real estate assets:
- Property Planning and Design,
- Facilities Operations, and
- CAPEX.
Contact us Here.
R-A Associates, LLC is associated with
, The Global Network of Independent Hospitality Professionals.