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myths

Debunking popular construction misconceptions. Many people are concerned about undertaking a commercial construction project because they buy into harmful and simply untrue misconceptions.  To ensure that you are prepared and actually excited for your project, here is the truth behind the most common construction myths. Myth: Contractors are Bad at Communication Many clients have the…

building

How old office buildings are getting a new lease on life. A new trend in the architectural space is turning older office buildings into hotels.  This trend is the result of many businesses moving into more central, urban locations.  With vacant office buildings sitting a little outside major urban hubs, hotel brands are taking advantage…

business-partner

When should you start planning for your hotel renovation? If you are planning on renovating your hotel, then the thought of all the small details might seem overwhelming.  This is why it’s so important to start planning ahead of time.  Here’s what you need to know about planning your hotel renovation. In the hospitality industry,…

marketing strategy on desk

Using your hotel renovations as a marketing opportunity. As a hotelier, a renovation project offers a unique marketing opportunity.  It’s a great way to draw positive attention to your property and generate the interest of potential guests.  Not sure how to use your hotel’s renovation as an advertising opportunity?  Then here are some suggestions to…

building under construction

Which renovations will increase your hotel’s value? As a hotel owner, building renovations play a major role in the success of your property.  However, not all renovation projects are the same, and some will provide more value than others.  If you are looking to get a substantial return on your renovations, then these updates will…

plant growing inside a light bulb

The positive impact of sustainable design on hotel occupancy and efficiency. Recently, the growing interest in environmentally-friendly business practices has touched all industries, and the hospitality sector is no exception.  In an attempt to remain ahead of the competition, forward-thinking hoteliers have begun to incorporate sustainable measures as part of their regular operations.  But how…

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…

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…

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