Prelim 1 Notes_Notes

Prelim 1 Notes_Notes - HA 255(1 Lecture 1 The earliest...

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HA 255 02-21-05 (1) Lecture 1 The earliest hostelries : Greek and Roman spas w/ trade route accommodations The first: -elevator: Fifth Ave. Hotel, 1859 -electric light in all rooms: The Sagamore on Lake George -baths in all rooms: The Victoria Hotel, Kansas City, 1888 “Atrium” hotels-  design emulated their lifestyles—these are the hotels with a hole  through the center of it, usually with sunlight shining through it. It goes down into the  center of the lobby. They are no longer popular for downtown  airport  locations where  the expense and drama is now traded for more intimate luxury (plus the light from the  atrium displays the sky—making them think of flying again -Hotels that were called the  Great Dames  had 1) skyscraper technology and 2) grand  décor -The rise of the motel= the rise of travel For roadside hotels especially, being able to  identify the sign from a distance  was very  important SRO  hotels= single room occupancy Articles ----> “Inn Style” ARTICLE: -The “Net-effect” – we as a society have come to expect a certain level of convenience everywhere that we go. -We can look to hotels for insights into where society is heading -Hotels embody both the realities and fantasies of modern culture while  marking the shifting geographies of commercial and residential growth. ----> “Let’s Stay in Style” ARTICLE: -With even the big hotel chains trying to achieve cool, designer hotels  have
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HA 255 02-21-05 gone mainstream, becoming more popular with business/leisure travelers. -The old model was generic and familiar. The new model is all about surprising the guest. Chapter 1 Ultratels - ultra-high-rise hotels with mixed uses i.e. offices, trade centers, virtual  officing suites It is essential for the designer to understand the variations in facilities, areas, and  circulation patterns required for each new form of a  prototype hotel . (2) Lecture 2 Real assests - something you can touch (intrinsic value) Financial assets - no intrinsic value, but tied to real assests. i.e. stocks, bonds, checks. The  foundation of the real estate discipline  is on VALUE . -If value exceeds cost: buy, build, or hold -If value does not exceed cost: sell or redevelop Hotel assets must create value for their owners to be viable investments. HOW DO YOU MEASURE VALUE?
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This note was uploaded on 02/19/2009 for the course H ADM 255 taught by Professor Srobson during the Fall '07 term at Cornell.

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Prelim 1 Notes_Notes - HA 255(1 Lecture 1 The earliest...

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