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Capital projects should be evaluated based on
their return on investment. Without a determination
of the financial impact of alternative capital projects
under consideration, this ROI analysis cannot be
accurately performed. The research is designed to
provide the necessary information to help evaluate
such important capital issues as restaurant reconceptualization,
expansions, alternative guest room redesigns, the addition
or elimination of specific amenities, etc. This research
is recommended for any independent that is planning a
renovation, regardless of size.
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