It's cold comfort, but we say: Go with the flow

Recycling entrepreneur Bernie Karl thought he had a cool way to lure tourists to remote Chena Hot Springs, 60 miles east of Fairbanks, Alaska. He would erect the world's first and only year-round hotel made of ice. Three other ice hotels, in Finland, Sweden and Canada, offer winter-only ice lodges.

Karl's six-room Aurora Ice hotel opened in December. But before spring was over, it was melting, along with his $20,000 investment. He somehow miscalculated the effect of 24-hour summer sun and 90¼ heat on the structure. 'I had a frozen asset. It's now a liquid asset', confesses Karl. He plans to rebuild, but this time with thicker insulation.