PIP 101: What Every Hotelier Needs to Know Staying competitive and meeting the evolving needs of guests is essential to a hotel’s long term success. One of the most common responsibilities in a hotelier’s career is fulfilling PIPs and completing hotel...
What is a Hotel CapEx Budget? Every year, hotel owners set aside funds for capital expenditures, (or CapEx). These are investments that improve or extend the life of a hotel and its physical assets. CapEx budgets typically take into consideration the costs of...
In today’s competitive hospitality landscape, attracting a diverse guest mix is crucial for maximizing occupancy rates and increasing RevPAR. With the rise of various traveler segments—leisure, business, bleisure (business + leisure), digital nomads, families, luxury...
What causes new hotel design trends to emerge? You may think it impossible to predict trends but ultimately they stem from changes in the world around us. Answering questions like “how have guests changed?” and “what is now important to them?”...
Managing the problems that can arise in a Hotel Renovation PIPs and hotel renovations are cyclical in the hospitality industry. PIPs are meant to encourage hotel owners to keep up with trends and stay competitive. Independent renovations to hotels may also happen from...
Thinking about starting your hotel renovation but not sure where to start? One of the first steps is to find the best hotel contractor for your needs. With exterior hotel renovations, there are many different services you may be in need of. For example, if you...
