Expert Witness Blog

In Tough Question Requires Equally Tough Answers, hospitality expert witness Steven Belmonte, President and C.E.O., Hospitality Solutions LLC, asks the questions: “Are product upgrades and renovations really needed during hard economic times?”

That’s a question I used to get asked a lot. But, as always, things change—and, obviously, not for the better, at least economically speaking these days. And so the question has changed. In these almost unprecedented hard economic times, the question isn’t so much whether a renovation is needed—rather, it’s whether a renovation is, first, viable and, second, whether it’s a smart thing to do.

This is a question you absolutely must ask yourself, especially in this incredibly tough financial environment. As for the answer … well, here’s what I think: There are two answers to this crucial question—and they both add up to an emphatic “Yes!”