Common estimating mistake to avoid

Common Construction Estimating Mistakes and Tips to Resolve Them

Construction is work that involves making several estimates. The accuracy of material cost estimates and forecasting supplies to meet future demand can directly impact a contractor’s bottom line. Here’s a look at the most common estimating mistakes construction companies encounter and how to resolve them. Failing to…

Strategies to recover a failing hotel

7 Powerful Strategies to Recover a Failing Hotel

Hotels are eventually under pressure to renovate or upgrade in a way that attracts new guests. However, one of the biggest challenges is financial, as a struggling hotel often doesn’t have the budget to make improvements. Keeping records of guest profiles is a valuable way to maximize…

hotel property improvement plans can boost Your business

How Hotel Property Improvement Plans Can Boost Your Business

Developing hotel property improvement plans (PIPs) is crucial to ensuring fruitful investment. From time to time, it’s necessary to upgrade your hotel to keep up with guest expectations and changing market conditions. PIPs matter because travelers are becoming increasingly picky about where they stay. They cover a…

design-build Vs. design-bid-build

Design-build Vs. Design-bid-build Delivery Methods: How Are They Different?

Construction for hotel projects involves choosing between a turnkey solution and a bidding process among contractors who work with subcontractors. The design-build delivery method involves contracting with one entity to oversee the complete construction of a project. It’s an all-in-one solution that sometimes even includes financing. Paying…

Commercial construction contractor

How to Choose a Quality Commercial Construction Contractor

It’s essential for property owners to hire licensed, insured, and qualified construction services to achieve quality results. Hiring a group of independent contractors who lack the necessary training, tools, and skills for commercial construction projects can result in significant losses. Here are important tips to keep in…

Practices for construction project management

5 Best Practices for Construction Project Management

The pandemic brought swift changes and challenges to workforces like dealing with social distancing and the supply chain crisis. The construction industry was deeply affected by this sudden shift in social and economic conditions. Here are the top 5 best practices for construction contractors to make project…

myths about hotel conversions and renovations

Common Myths About Hotel Conversions and Renovations

If you’ve thought about making hotel conversions or renovations but have been side-tracked by pro and con commentaries, be aware that there are many myths surrounding this topic. When you look closer at the facts, the renovation has helped many hotels emerge as stronger after the pandemic.…

importance of construction and land development

Importance of Construction and Land Development in Your Region

Communities benefit enormously from construction and land development, stimulating economic activity and prosperity. Business expansion often equates to more jobs and more places to live. Here are ways builders create better commercial and residential conditions for community members. Modern Greener Solutions Today’s construction industry deals with stricter…

Reimagine hotel design

Reimagine Your Hotel Operations With Next-Gen Property Management Systems

Social-distancing rules during the pandemic necessitated life-saving investments in hotel redesign for many operators. Next-generation technology was and remains at the center of many of the necessary operational changes. By automating key hotel operations with a “smart” property management system (PMS), most hoteliers managed to safely sustain…

Value engineering in construction project

Application of Value Engineering in Construction Projects: An Overview

Value engineering (VE) in construction is an analytical specification of the most efficient way to fulfill project goals. VE should always incorporate cost estimates to facilitate an independent audit of the entire construction project. By reviewing a project within a value engineering workshop, it’s possible to deliver…

Pre construction services

Introduction to Preconstruction Services: What You Should Know

Surprises are bad for any commercial real estate development project. With preconstruction services, you engage experts to analyze your upcoming project and determine everything it entails from the outset. This analysis allows you to adequately prepare for what’s coming. Importance of Preconstruction Services Preconstruction activities kick off…

Real estate development

Avoid Costly Real Estate Development Bottlenecks with Design-Build

Hiring architects (designers) separately from your real estate development project manager creates room for significant bottlenecks. There’s often a damaging disconnect between the two separate entities, which can potentially cause costly project delays. You can minimize these issues during your new commercial real estate construction or renovation…