Until recently, the standard fantasy image of a Bed and Breakfast was that of a rural paradise, where romance was primary and nature ruled the roost. We have learned, however, that occupancy rates for this type of Inn are often in the 25% range, representing weekend business with a few intrepid mid-week guests in busyRead More
Tag: Bill Oates
Inn Support of a Good Cause
The leaves are falling with a vengeance. Pine needles cover the roads. It is fall here in beautiful downtown Brattleboro, Vermont. Every year we have supported our local homeless shelter here in Brattleboro. When the leaves fall I get anxious for the many women and children out there, living on the river-bank of the Connecticut,Read More
Inn Evaluations are very different from Valuations
Inn Partners travels to fine Inns nationwide to undertake Valuations and Evaluations. While there is only one additional letter, Evaluations are very different from Valuations of which we also do many. A Valuation establishes a value of the Inn or Bed and Breakfast based on a comprehensive review of six factors affecting the worth ofRead More
2011 Financial Results for Inns & B&Bs
We have had the opportunity at this point to review many Inn and B&B financial results for 2011. I am happy to report that a strong majority report gains in both income and occupancy over 2010 results. The gains are typically below 10% and as high as 16%. In some ways the abrupt declines inRead More
A Call to Action
Since the President’s State of the Union address, we’ve heard a great deal about making financing available to small business. The truth is, that excellent financing has been readily available all along in our domain. Community Banks (who do not lend to Bezerkistan) have money to lend, and interest rates, usually fixed for 5 years,Read More
Why I Spent New Years Eve in Ardmore, Oklahoma
We have certainly been questioned about that; so, even if you did not ask, I will tell you why! There is a lot of effort in bringing an Inn transfer to a successful close, but the actual day of transfer is definitely an anti-climax. The battles have been fought, more or less amicably, and theRead More
