We recently had the opportunity to acquire a hotel in an auction.  We bought the property for pennies on the dollar, though we knew that it needed some renovations and updating.

So for the past month or so, we have been renovating the hotel.  We have replaced the carpet, the light fixtures, and the beds.  We just have the bathrooms left and we should be ready to reopen again.

We have had to make some decisions when it comes to the facilities that we are going to have in each room.  While we originally decided that we were going to have bathtubs in each room, we have instead decided to go with shower cubicles.  Not only will the showers take up less room, but we can make the rooms slightly bigger, and therefore charge more per night.

There is a sales rep coming to talk to us about electric showers as well - supposedly it will save us money on utility bills.

Needless to say, it is nice that this work is almost done - we need to start to make money really soon.