Resort Life
Owning a luxury resort is not all spa life and extravagance for those of us who run the relaxed atmosphere. We work hard behind the scenes to create a seamless atmosphere of leisure. The reality the public does not see in our behind the scene efforts include the thousands of dirty dishes, the attempts we make at presenting only clean and crisp linens, the wrinkled uniforms before they meet the ironing press.
The public pays enormous prices for everyday items: $3.50 for a diet coke, $24.00 for a small bottle of suntan lotion, $18.00 for a room service hamburger. Anyone doing the math probably assumes we must turn a four-hundred percent profit. The reality is, however, that the cost of making sure there is not a speck of dust observed by our guests is quite high. To combat those costs we recently hired a cost seg engineering firm to review our fixed assets.
We have many aesthetic expenses in relation to creating our atmosphere. It is refreshing to know that the investments we make in fancy millwork, temporary mezzanines and stair platforms, wall coverings, signage, decorative lighting, swimming pools, and many other resort type items are all eligible for accelerated depreciation. According to our net present value calculator, our new quarterly taxes are drastically reduced.
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Thank you for the insight on some of those high priced items. Sometimes as consumers we forget how much it cost the business owners to operate a company. I live in a high tourist area, so we have many resorts here, sometimes it’s nice just to have dinner or go to the resort for a drink. Next time I go I’ll take a deeper look at all the decor and see the hotel as a stage set up for the audience to gain comfort.