Courage required for renovations

For most people, $14 million is a lot of money to spend. For John Belden, chief executive officer of Davidson Hotel Company, it was basically a necessity.

Belden's company announced the completion of a renovations project that took place at Westshore's Sheraton Suites hotel recently. But while updated atrium and new meeting space are sure to impress, Coffee Talk was curious about what it felt like to spend such a significant amount of cash in such a down economy.

“It takes a lot of courage,” Belden said, “but I think we're going to be rewarded significantly.”