CapEx 2007 purpose is to broaden the amount of information available on the subject of hotel capital expenditures so that you, the reader, can evaluate the information and make informed decisions on capital expenditures for hotel properties with which you are involved.

Contents

Introduction

• Acknowledgements
• CapEx 2007 Data Collection and Methodology

Executive Summary

Historical Capital Spending

• Capital Spending - Full Service/Luxury Hotels
• Capital Spending - Select Service Hotels
• Capital Spending - Extended Stay Hotels

Historical Capital Spending and Repairs and Maintenance Expenses

• Capital Spending and R&M Expenses - Full Service/Luxury Hotels
• Capital Spending and R&M Expenses - Select Service Hotels
• Capital Spending and R&M Expenses - Extended Stay Hotels

Historial Capital Spending Based on Ownership Structure

Perspectives on Capital Spending

• Planning and Managing Capital Expenditures
• Time as a Factor in Capital Spending
• Repairs & Maintenance vs. Capital Expenditures
• How Much Per Key?

Estimating Future Capital Requirements

• Extended Stay Hotel
• Select Service Hotel
• Full Service Hotel
• Luxury Hotel
• Rising Construction Costs
• How to Hire a Consultant for Your Capital Project

Index

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