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You Received a Hotel Property Improvement Plan. Now What?

Cicero Construction Group | September 6, 2024

In order to keep a hotel aligned with current brand standards, hotel franchisors will periodically issue hotel owners a Property Improvement Plan outlining required renovations and upgrades. PIPs are mandatory. If the hotel owner does not complete the PIP, the franchisor has the right to remove them from the brand entirely. PIPs differ for every brand and hotel. Newer hotels might simply require small cosmetic adjustments, but older ones may need complete overhauls to their mechanical and electrical systems. However, hoteliers should generally anticipate a PIP every seven to twelve years. Design components that are fundame...

Hotel Renovations: When to Go Big

Jon Peck | September 6, 2024

Most owners and prospective buyers try to reduce their hotel’s Capex spend associated with PIP or Renovation work and with good reason- to keep their investment basis as low as possible. When and How to “Go Big” on your Hotel Renovation However, there are scenarios below where owners may want to go bigger. The hotel is in a strong demand environment and underperforming the competitive set, especially if the hotel has “good bones” and most of the work would be interior. Owner has broader economic interests. For example, the hotel is or could be part of a mixed-use project and the hotel upgrade would improve the positionin...

How to Make a Hotel’s Common Areas Anything But Common

Cicero Construction Group | July 24, 2024

PLAINFIELD, IL, JULY 24, 2024 -- Before embarking on a hotel renovation, do not overlook common spaces like the pool, business center, and grab-and-go pantry. Updating these spaces can improve the overall guest experience, attract new customers and lead to return visits. In addition, renovating common areas can save the hotel money in the long run by addressing maintenance issues, therefore preventing deterioration and extending the lifespan of the property. Cicero Construction Group, a premier contractor with more than fifty years renovating commercial properties, offers the following renovation ideas for hotel common spaces: BUSINESS ...

Record Numbers at BDNY Reinforce the Growth of the Boutique and Lifestyle Hospitality Industry

BDNY | December 1, 2023

Event brings 15,000 hospitality and design professionals back to NYC NEW YORK, NY (December 1, 2023) — Boutique Design New York (BDNY), the leading trade fair and conference for the boutique hospitality and lifestyle industry, gathered nearly 15,000 designers, architects, brand executives, hoteliers, developers, purchasers, manufacturers, and other professionals at the Javits Center November 12-13 to experience new products, engaging conversations, and strategic networking events. BDNY maintained the momentum from 2022, a testament to the resilience and growth of the boutique and lifestyle hospitality industry. In comparison to 2022, ...

Renovation Trends: Stylish, Custom & Connected

George Rendell | October 3, 2023

Keeping 2023 property improvement (plan) projects on target requires creative procurement, realistic scheduling, and wherever possible, going local By George Rendell After working in the hotel industry for more than 40 years and in design and construction for the past 22 years, I’ve learned to expect the vagaries of every hotel renovation project. But the industry has moved into a new, even more challenging era when it comes to renovation. Higher guest expectations, elevated brand requirements, labor issues and supply-chain challenges have changed the way we budget and undertake every new project. Brand proliferation alone demands...

Navigating the Investment Terrain: Trends in GCC Hotel Development Costs

Hala Matar Choufany | September 26, 2023

By Hala Matar Choufany, Filippo Sona Welcome to the world of hospitality development, where unique developments and unforgettable moments come to life. We are thrilled to introduce you to our latest publication, "Navigating the Investment Terrain: Trends in GCC Hotel Development Costs" where we delve deep into the intricate world of hotel development costs, unveiling the secrets that impact project costs and hotel values. In this joint publication, we outline the main hotel development expenses and recent trends in hotel development and design. Whether you are a seasoned developer, an aspiring hotelier, or simply an enthusiast curious ...

BDNY Returns to NYC in November With a Curated, Authentic, and Immersive Hospitality Experience

BDNY | September 8, 2023

NEW YORK, NY (September 8, 2023) — Boutique Design New York (BDNY), the leading trade fair and conference for hospitality’s boutique and lifestyle design community, returns to the Javits Center on November 12-13, 2023. This annual, high-energy event connects interior designers, architects, purchasing agents, hoteliers, owners, brands, and developers with innovative manufacturers of hospitality interior products for two days of networking, inspiration, and exclusive insight into today’s boutique and lifestyle hotel trends. BDNY’s bespoke, curated fair experience features more than 650 exhibitors that focus on a selection of exceptional...

Sleep-Friendly Hotel Design Always Starts With the Bed

Adam and Larry Mogelonsky | June 14, 2023

By Adam and Larry Mogelonsky It’s said that the average person spends a third of their life in bed, so wouldn’t it make sense to optimize this time by getting the best sleep experience possible? When framed this way, the answer may seem obvious. But most of us don’t yet view bedding in the same luxury limelight as cars, clothing or jewelry – goods that we spend far less actual time inhabiting than our beds. But as sleep science gains in popularity, this behavioral gap presents a hugely lucrative opportunity for hotel brands to provide guests with a far better sleeping experience than they would ever dream of getting at home, and...

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