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Like any American, traveling occasionally is just what I love doing and I bet you share the same stuff with me. But traveling does not mean that you would be safe. Escaping from our job and other stressful activities is just something that w Torres del Paine is among the biggest of Chiles national parks, occupying almost 600,000 acres (242,000 ha) of land in the south on the border with Argentina. It is also among the most important, receiving a significant proportion of domes
Prior to 2009 hotels were spending aggressively installing amenities that have become standard at even midprice chains: thicker beds, Wi-Fi Internet access, flat screen TVs and redesigned lobbies.U.S. hotels spent an industry record $5.5 billion on improvements in 2008. Capital investment dropped dramatically when the recession motivated many to stay at home. Capital spending on improvements dropped 40 percent in 2009 and another 18 percent in 2010.Many hotels are in need of investment with their carpeting, wall covering and upholstery looking worn. Investment is increasing in part from new owners who purchased foreclosed hotels in need of renovations. One example is Richfield Hospitality which purchased a 565 room Sheraton in Bloomington, Indiana earlier this year. It is in the process of spending $30,000 per room on upgrades.Many national hotel chains were tolerant of local owners holding off on renovations during the recession but are now demanding upgrades.Even with the rise in spending, many hotels will remain cautious given that profit margins are at an 18 years low on a per room basis and occupancy is projected to remain at or below 60 percent nationally.
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