
Alan Benjamin, ISHP, ISHC
President
Upcoming Industry Events
June 6-8, 2010
New York, NY
Click here to contact BW attendees
September 13-14, 2010
Miami, FL
Click here to contact BW attendees
September 21-24, 2010
Phoenix, AZ
Click here to contact BW attendees
October 13-15, 2010
Hong Kong
Click here to contact BW attendees
November 13-16, 2010
New York, NY
Click here to contact BW attendees
Please Contact Our Team!
For Project Proposals and Consultation, call today to get the level of attention and dedication you deserve!
Boulder
Jennifer Root
Strategic Account Manager
jstarck@benjaminwest.com
303.996.8135
Chicago
Toby Nudelman
Project Director
tnudelman@benjaminwest.com
847.441.1892
Dallas
Ed Phaby
Purchasing Director
ephaby@benjaminwest.com
972.407.9950
Hong Kong
Bill Cheung
Managing Director
bcheung@benjaminwest.com
+852.3972.2269
London
Daniel Englender
Managing Director
denglender@benjaminwest.com
+44.20.7101.9740
For further info please visit
www.benjaminwest.com
|
 |
Letter from the President—Forecast: Partly Sunny |
 |
| |
Just 10 days ago, I had the pleasure of moderating the 8th annual HD/ISHP Town Hall/Owners’ Roundtable at the HD Exposition & Conference 2010 in Las Vegas, NV. Being able to moderate this panel for 8 years in a row, and talk one on one with hundreds of different industry leaders, has provided me with a great perspective on the state of the CapEx and FF&E spending we are currently experiencing in the hospitality industry. This year alone, I was able to work with 25 senior executives representing a great cross section of owners, management firms, asset managers, private equity funds and leading global brands. As I walked around the room during the Owner’s Roundtable session, the number one topic being asked of all the hosts was: “When and How Big?” That is, When will CapEx spending return, and How Big will the return of spending on hotel assets be? As an |
industry, will we be back to the record 2006/07 levels, or will our industry re-set at a “new normal” of some smaller percentage of the last peak of the cycle?
Generally, our FF&E industry, and CapEx spending overall, is viewed as a “trailing economic indicator”; meaning, we lag behind downturns and trail recoveries. I may have a slightly optimistic view, and of course, there are still many risk factors that can change the direction or derail the recovery train, but be prepared, no matter what area of the industry you are in, for FF&E and CapEx to be at the forefront of the recovery in this cycle.
To continue reading this article,
Please Click Here
Written by:
Alan Benjamin, President |
|
| |
The Best Bet for Casino Purchasing
>Navigate through the neon islands of brightly blinking slot machines in the Choctaw Hotel and Casino’s new towering expansion in Durant, Oklahoma and you’ll see sudden dramatic lighting hitting panels of shimmering copper. The bold design by Worth Group out of Denver, Colorado dazzles with modernity while maintaining a strong connection to Choctaw heritage. Often unencumbered by brand obligations, casino designs can be individualistic and unique. With this freedom comes responsibility and opportunity. When product standards are not imposed by a flag, the owner must find other ways of ensuring that the quality of FF&E purchased for new builds and renovations is of a level that meets and exceeds expectations for hospitality use. High quality does not have to mean high cost-in fact, while many casinos are individually owned and without the benefit of set program pricing, there is an extraordinary amount of room to work with key dependable suppliers to bring costs down through value engineering and a competitive bid process.
The purchasing teams at Benjamin West apply their experience and expertise to assure that success is realized. By providing in-depth bid analysis and engaging suppliers in creative cost solutions, we aggressively go after the best price available from manufacturers that are trusted to stand behind their product. For the Choctaw Hotel and Casino expansion, the Benjamin West Chicago team saved tens of thousands of dollars on case goods alone, with substantial savings in the project as a whole. While cost savings are important, they never come at the expense of quality. On the contrary, we work with suppliers at the top of the industry to verify that goods meet both design intent and contract hospitality standards.
To continue reading this article,
Please Click Here
Written by:
Bridget Fallen, Project Coordinator
Green Corner
What are manufacturers doing to provide eco-friendly (and GUEST-friendly) FF&E and OS&E?
Bath Amenities:
- Packaging using containers which are either recyclable or biodegradable
- Biodegradable products
Carpet:
- Recycling programs for nylon 6,6 carpet (carpet is estimated to be #2 in landfill space)
- Use of recycled product for nylon carpet fiber
Equipment/Appliances and Televisions:
- Energy Star rated equipment/appliances, such as dishwashers, minibars, refrigerators, stoves
- Recycling programs
Fabric, Vinyl and Leather:
- Recyclable products
- Low VOC finishes on leather
To continue reading this article,
Please Click Here
Written by:
Diane Cudworth, Project Director
|
Fast Facts
Fabric—Did you know?
- You should avoid high rayon content in upholstery and drapery fabrics because rayon stretches?
- If a fabric has a Teflon treatment, you have to re-apply the Teflon after flame treating, as it is a topical treatment which is not permanent? The Teflon goes on the “top”.
- Throw pillows can be simplified or eliminated to reduce budget costs? Although throw pillows can be a nice accent, removing them from scope or simplifying their design may be a good consideration.
- Using Turnkey (“fabric” included) seating, shower curtains, bed and window treatments, instead of ordering COM, might improve the overall budget? This might decrease freight costs, overages, and help streamline fabrication. Some fabricators have extra-deep discounts with their in-line “fabric” suppliers, too.
Written by:
Diane Cudworth, Project Director
Taskmasters
We live in an age of multi-tasking. Our phones are also our cameras and our planners and our web browsers. Our personal computers have processors that allow us to simultaneously input into spreadsheets, send e-mails, create presentation materials, and host meetings over video conference with people all over the world. The technologies that have allowed us to become more productive than ever before were created by specialists dedicating all of their creativity and attention to detail toward specialized tasks. It is important that while embracing efficiency and productivity we don’t lose sight of the critical benefits of specialization.
Benjamin West specializes in purchasing. It involves far more than plugging numbers into budgets and processing purchase orders. Purchasing is negotiating terms on behalf of clients to protect capital and retain leverage once the product has shipped. Purchasing is combining the experience of project teams with the expertise of established manufacturers to facilitate creative solutions for design and installation issues and creative ways to value manage costs. Purchasing is finding the best possible value, whether through the strength of our purchasing power due to the volume of projects we handle, or through competitive bid analysis, or by arranging goods to deliver at ports local to a project to save on overland freight costs. Purchasing is getting the goods to the warehouse on time, coordinating field measures, staying on top of approvals, invoices, treatments, and payments. Purchasing is holding suppliers accountable for errors and protecting the client’s interests.
To continue reading this article,
Please Click Here
Written by:
Bridget Fallen, Project Coordinator
|
|
 |
|
|
 |
|