US porn tycoon buys up plush Scots hotel as she reveals vision for future
She and daughter Sydney have teamed up to transform the 1625 landmark
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What hotel investors think about capex in 2025
Typically, major hotel owners had set aside four per cent of gross annual revenue for capital improvements (capex) and four to five per cent in reserves for repair, maintenance, and replacement of furniture, fixtures, and Equipment (FF&E), depending…
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