In January, we wrote a blog extolling the virtues of Vermont’s Mad River Valley. In less than a year, more developments have come to fruition that warrant further examination, perhaps over a flight of Lawson’s Finest Liquids or the Alchemist Brewery’s latest experimental pour.
The swathe of country surrounding Morganton, North Carolina, is referred to as “Nature’s Playground” for a reason. The scenic city (the county seat of Burke County) sits on the Catawba River in the foothills of the Blue Ridge Mountains.
Occupancy rates are an important tool in measuring the value and ultimately the price of a given property. But unless there is a thorough investigation of both past performance and future capabilities, bed and breakfast occupancy rates can cause a problem in both directions.
There may not be a subject more contentious and, we believe, misrepresented in the Innkeeping industry than Bed and Breakfast owner financing. Inn sellers have been known to shudder at the very mention of this term, which to them signals an undesirable extension of their Innkeeping career.
Whenever we mention the word ‘restaurant’ while on the phone, there is a clicking sound followed by a dial tone. We are learning to use the phrase ‘food service’ instead of restaurant. This little piece is about the advantage of having an Inn with the capability of serving an evening meal.
Vail Resorts has recently continued its Vermont expansion with a purchase of Triple Peaks, the parent company that owns Okemo Mountain Resort in Ludlow. The $82 million deal also includes Crested Butte Mountain Resort in Colorado and Mountain Sunapee Resort in New Hampshire.