Quote:
Originally Posted by Shreddy
Don't take this as a stab, but REALLY? Invest a bunch of money to rennovate a place and then charge far below market value? How are they ever suppose to recoup costs, pay regular expenses, stay afloat?
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Take a look at
Berry Pond Motel in M'boro sometime. That has perked up quite nicely over the past 5 years or so. Evolution not revolution is the key there I think.
Then again, Pine View in T'boro went the opposite direction. They started with 6-8 rooms, then expanded the restaurant and went to 4, then expanded the food again and went to 2, then added the convenience store...and now they have no rooms. Still...evolution not revolution.