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Hotel Construction: Building Out the Basics

If you’re in the early stages of planning a hotel property, New Horizons Construction Services of Groveland, FL, would like to share a helpful checklist to help you plan better and accomplish an end-product that’s just as you envisioned it.

construction budgeting in Sarasota FLHere are seven things to consider.

Answer your “why”

Why are you building? Is there a gap in the local market? Do you plan to expand nationally? Do you want to create an engaging, challenging business environment? Know why you’re doing it before you do it.

Assemble the right hotel construction management team

While you may have the vision, other people have the expertise. Build your management team with groups and individuals who understand demographics, the hospitality industry, local codes and requirements, structural and interior design, sustainability, budgeting and other important disciplines.

Look at the risks and possible setbacks

There are many upsides to building a new hotel property, but there are also many potential downsides. Work with your team to identify possible problems along the way and exactly how you’ll respond to each contingency.

Know when it will start and end

After you have the key players in place, determine the start and end dates for the construction of the hotel. You can set and adjust markers along the way: date the building will be complete; date to finish the grounds and landscaping; date by which to complete all inspections; date to have all labor positions filled; date the rooms will be ready; and so on.

Create a model room

Long before the final nail is driven, it’s a good idea to build out a model room with as many of the planned amenities as possible. Seeing a physical representation of what is on the way will let you work out the kinks and make adjustments to just one room rather than a hundred.

Get feedback

It’s smart to involve your operations people as early as possible in construction and planning. Assuming you’ve filled key positions, such as head chef, concierge, reservations manager, housekeeping supervisor, building manager, etc., these people can be great sources of information and advice in making a hotel design that’s user-friendly – for everybody and every task.

Manage the financials

Work with your accountant and construction manager to iron out the financial details early on. Also, perform a full feasibility study that includes price points and costs, which will let you make projections for after the property is opened. Don’t neglect crunching the numbers, or you could get “crunched” later.

Planning a sound hotel construction project

These are just a few of the overarching concepts to consider when planning a project as sizeable as a new hotel. The entire process can seem overwhelming, but just remember these two key principles:

  1. Plan and prepare for everything
  2. Hire the best and seek their advice

planning on building a succesful hotel property in Marco Island FL

If it’s time to start thinking about a new hotel project, New Horizons Construction Services is here to provide guidance, absolute project management, and stunning workmanship and results.

We’ve served the Groveland and Orlando areas of Florida for more than 15 years. Our experience will guide you to a finished property that more than meets your expectations.

Speak with a hotel construction professional today at (407) 574-2164 or get in touch with our handy contact form.

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