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moldy brick wall

Take steps to ensure that you don’t buy a property with significant mold damage. When prospective owners acquire a new property, it is under the assumption that certain renovations will be necessary.  However, many are unprepared to handle the repairs and costs associated with hidden mold damages.  Sadly, many buyers are unaware of a property’s…

business meeting negotiation

How hotel owners can reduce the cost of PIP agreements. As hotel franchisors look to improve their overall brand image and quality, previously neglected properties are being issued property improvement plans (PIPs).  Because the upgrades laid out in a PIP are mandatory, failure to comply by the dates specified will result in serious penalties and…

man standing in front of building

Why you should give your property a thorough cleaning this season. Over time, exposure to water, bad weather, and building movement can cause your building’s façade to deteriorate.  This, in turn, can create safety and maintenance issues for your property.  To nip serious issues in the bud, you should take some time this spring to…

Elements Driving Up Hotel Renovation Costs

Here are some of the issues that increase hotel construction and renovation costs. The strong U.S. economy has led to a period of growth in the hotel construction and development market.  However, the cost of these projects has steadily increased and it does not seem like these price increases will level out anytime soon.  Here…

Is Your A-Team Renovation Team Available and In-Budget?

How labor availability and new construction innovations are affecting your ability to renovate. While the hotel construction market has experienced a period of considerable growth over the last couple of years, experts are waiting for the other shoe to drop.  After such prolonged success, the market is expected to level out due to a continued…

2019 Hotel Trends to Watch For

Look out for these trends in the hospitality industry. Now that we are solidly into 2019, now is a great time to look at the industry and identify some of the major trends that have started sweeping hotels across the country.  Here are some of the major hotel trends that you should look out for…

3 Economic Trends in the Hotel Construction Market

Learn which trends are influencing the hotel construction market. Recently, the hotel construction market has maintained a relatively healthy amount of growth, especially compared to the last twenty years.  However, those involved in the hospitality construction industry need to know what trends to expect in the near future.  Here is an update on hotel construction…

Major Technology Investments to Consider for 2019

Here are some of the new technologies that you should secure for your property this year. In the hospitality business, staying on top of the latest tech trends can be the difference between sold-out rooms and extreme vacancies.  As more and more guests come in expecting access to certain amenities and increased staff efficiency, it’s…

How Hotels are Putting More Focus on Fitness Centers

Learn how hotels are making on-site fitness centers a priority. In the past, hotels have treated their gyms as oversights—offering the bare minimum to even qualify as an onsite fitness center.  However, as the health and fitness movement swept through the county, properties were pushed to revamp their gyms.  Now, upgraded fitness centers are treated…

Increasing Popularity of Mixed-Use Properties

Explaining the growing trend towards mixed-use properties. In recent years, mixed-use developments have become a major force in the hospitality, residential, and commercial markets—and for good reason.  By mixing assets, property owners can offer their guests and residents greater value in the form of convenience and increased amenities. Additionally, it seems that mixed-use developments are…


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