Thursday, July 22, 2010

Challenge ahead for Biltmore Hotel: profitability vs. upkeep

Over the past 17 years, the Biltmore Hotel has spent more than $9 million to repair the roof and hotel balconies, nearly $8 million to renovate the guest rooms and more than $3 million to expand its fitness center and build a luxury spa on the hotel's seventh floor.

It's all part of running a national historic landmark and luxury hotel, says Seaway Corp., the company that leases the property and golf course from the owner, the city of Coral Gables.

Read More:

0 comments:

Post a Comment