Building hotels requires meticulous planning in order to complete on schedule and within budget. Cost and complexity will depend upon various aspects of construction depending on its size.
Even as business travel recovers slowly from the Covid-19 pandemic, hotel leisure construction remains buoyant as investors and developers remain optimistic.
Location
Location is of great significance when it comes to leisure construction of hotels. Hotels located near travel hotspots like beaches, amusement park areas, and leisure event spaces tend to attract more business. In addition, new hotels have more input and flexibility in designing products and services tailored specifically for travelers - something which particularly true in top travel and international business destinations like London.
Rooms
Hotel construction industry is experiencing a boom due to the continued surge of domestic leisure travel and an upswing in corporate/group travel. Hotel developers and investors appear more optimistic in their projects with positive expectations for 2022.
Hotel guests appreciate amenities that meet their expectations, which is why many hotels place such an emphasis on providing high-quality yet comfortable accommodations.
Hotels must use intelligent building technologies that promote energy efficiency and sustainability to reach this goal. Front-end building management solutions and open protocol building controls enable hoteliers to build energy-efficient hotels that also improve guest experiences. ABB Cylon offers flexible smart building solutions suitable for hotels of any size or budget; please get in touch to discover more.
Amenities
Hotel amenities play a key role in providing guests with an exceptional stay, from in-room items such as capsule coffeemakers and free bottled water, to on-property features like restaurants or spas.
Though these amenities may seem standard, hotels can make them even more memorable by adding special touches that stand out. For instance, hotels near popular music venues could offer room service featuring instruments. Another possibility would be incorporating sustainable energy technology, which can reduce electricity bills while increasing brand value and creating eco-friendly facilities.
However, the current high cost of construction materials has proven a major impediment to new hotel leisure construction projects. Gypsum and aluminum products in particular have seen prices skyrocket over the last year, which makes financing rising costs difficult; hotel owners may require mezzanine loans as an alternative source.
Design
Construction of hotels is an ambitious, high-profile undertaking requiring extensive planning and coordination. Hotel owners are expected to meet specific completion dates or face the financial repercussions.
Hotel designers must closely comply with operational briefs in order to maximize value and returns for investors. In-depth feasibility studies - testing out your brief, considering all costs over their life-cycle as opposed to just capital cost alone - should help.
Hoteliers are increasingly striving to differentiate their properties from competitors by providing environmentally sustainable designs that stand out. One strategy used by hoteliers is replacing traditional fan coil units with variable refrigerant flow systems in order to improve acoustics and energy efficiency. Hotels are adopting innovative materials, like rapid tile dry-lay porcelain tiles that install five times faster than traditional thin-set, and recycling practices like using old truck tires for recycling purposes. These trends allow hotels to reduce renovation cycles while simultaneously improving environmental impacts while opening up opportunities for innovative guest experiences from hotel brands.