I spent some quality time reading this prospectus... low capex doesn't mean they are cutting corners, these boys are basically building 6 and 7 star hotels offsite and landing them In highly sought after locations at a fraction of the cost and time as next DC who Are yet to announce they have reached 100% capacity in any of their facilities. 10% of the capex and forester cash flow positive in 12 months They also seem to be successfully selling prefab, micro and on premises solutions to the same client base as well as targeting telcos, carriers and ISP's with similar solutions. On the prefabrication side of things Hilton have been doing this with their doubletree facilities across the globe significantly reducing CAPEX and OPEX with new hotels by prefabrication of hotel rooms and bathroom modules with concurrent building works in some of the busiest cities in the wold without compromising on the end product and in actual fact offering superior facilities, rates and better customer experience than in their legacy sites. HILTON WORLDWIDE CONTINUES RECORD GROWTH WITH THE FASTEST RATE IN THE INDUSTRY http://newsroom.hilton.com/index.cfm/newsroom/detail/22719
