Due Diligence
If an ounce of prevention is indeed worth a pound of cure, making sure that the MEP (mechanical, electrical, and plumbing) of a hotel is functioning properly and efficiently might as well as be equal to a ton. In fact, hotel executives maintain that some of these back-of-the-house functions are among the most important things to consider with regard to an asset. “When you’re purchasing a hotel, the biggest piece of due diligence is your […]
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