2.20.19: Texas Man Retires at a Holiday Inn Express – It’s Cheaper Than the Alternative!

ValueXpress has a keen interest in hotel loans and we have provided a lot of hotel loans — over 400 — since inception. This new hotel trend? It’s a beauty!

A Texas man on the brink of retirement wants to spend his golden years relaxing at a Holiday Inn instead of in a retirement home. Spring, Texas resident Terry Robison, 64, worked out a detailed comparison between the two options – a retirement home or a Holiday Inn — and the mid-priced hotel chain appeared to win by a landslide. Robison wrote on Facebook that the average cost of nursing home care is about $188 per day. A long-term stay with a senior discount at Holiday Inn, on the other hand, is $59.23 per day, including breakfast!

“That leaves $128.77 a day for lunch and dinner in any restaurant we want, or room service, laundry, gratuities and special TV movies,” he wrote. “Plus, Holiday Inn provides a spa, swimming pool, workout room, lounge, washer-dryer, and more.”

The benefits of Holiday Inn, Robison added, include free toothpaste, razors, shampoo and soap. An additional $5 a day in tips will “have the entire staff scrambling to help you” as well, he wrote.

“They treat you like a customer, not a patient,” he said.

In addition to the spa, swimming pool, gym, lounge and washer-dryers, the location where Robison checked out reservations has a city bus stop right in front, and seniors ride free!

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This entry was posted in Commercial Lending, Commercial Real Estate Loans, Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress and tagged , , . Bookmark the permalink.

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