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, every night that you are not renting out a room is a night that you are losing money. This is why you want to plan your renovation carefully to ensure that there aren’t costly delays. Additionally, you do not want to schedule your renovation during your peak season. Consider past years and identify your slowest season and schedule your renovation during this time.
When planning your renovation, please note that there is a lot of legwork that must take place before building can actually begin. For instance, design development can take anywhere from 45-60 days; even longer for custom designs. This is why you need to start planning your project far in advance. Here are three planning tips to get you started.
1) Plan the Scope of Your Project
Before you can start planning the finer details of your project, you need to have a clear renovation plan and schedule. Failing to have a well-thought-out plan increases the chances of complications that delay project completion. To gain a better understanding of your project’s scope, ask your staff which upgrades and changes they wish to prioritize. Once you know what you want to accomplish, you can determine your budget and schedule.
2) Rely on the Experts
As a hotelier, you should focus on running your hotel and managing your property. You should not attempt to act as your own general contractor, designer, manufacturer, and so on. Instead, you should hire a team of experts that you can trust. When you have the right people for the job, they will work to keep your project on time and within budget.
3) Budget and Bid
If you are working with a procurement agency, then they will receive multiple bids from different vendors. The more options that you have, the better your chances of securing a good deal. So, make sure that your agent is monitoring your budget and bids to ensure that you are making financially responsible decisions.
This is what you need to know about planning for your hotel renovation. Need help with your reno project? If so, then contact Nikki Fox at Parkwest General Contractors at Nikki@ParkwestGC.com. Our dedicated team is eager to assist you with all your building upgrade needs today.