Tuesday, July 15, 2008

Overall Update

The project is moving ahead as planned and we continue to anticipate opening by August 6, 2008.

The construction is substantially complete and the contractor is currently in the process of installing room furniture and fixtures. We expect to have the majority of this work done by July 21, 2008. All major equipment, including fitness room, kitchen and laundry has been installed.

On the operations side, all department heads have been hired and are on board. The management team is in the process of hiring and training staff with a focus on front desk and housekeeping. We are mobilizing for pre-opening and expect to have several members of our home office team, as well as General Managers from other Olympia hotels, in Mystic getting the hotel ready for our first guests.