i don't know anything about the economy in colorado
i do know that our overhead is very high ... but as for the bed and breakfast being an obsolete business model ... would love to hear the basis for the statement and why 'we all know that'
i have been so busy this past month, i could have booked the place twice over most every night .... i get comments every day from guests who say they LOVE bed and breakfasts and small inns ... they are seeking them out ... i also notice the trend in hotels to have 'bed and breakfast' experiences offered to guests ... so SOMEONE must be doing SOMETHING right, obsolete 'business model' or not!.
Telluride seems tailor-made for a B&B. Yes, it would be expensive to run due to the high cost of property and taxes, etc., but those costs are built into the rental rate. The clientele Telluride attracts would be able to afford it. The town is busy year round. I can't figure out where such a statement came from except personal bias, and the desire to sway others toward the easiest thing for him to do.
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The cost of living is expensive in the mountains too, heating costs in winter and there are no big box stores within two hours...You have to go down the mountain to get bulk items...and that's just to
target, gotta come here, Grand Junction, to get to a sam's club...that's 3.5 hours, one way! Otherwise it's Farmington New Mexico for the other Sams...almost the same distance. Yes they have winter biz, but it's really dangerous to drive up that Red Mountain pass in winter, so unless you can afford to fly in, it's not the safest trip...at 10,000 feet...
An inkeeper in Ouray, just a couple years ago, lost her husband when he was run off that pass by a truck in winter...sad...
Another issue, is the billionaires are buying up all the prime colorado property, Vail, Aspen, telluride, it's all becoming resort destination for the upperclass...
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