Hotel construction that is attractive, enjoyable, functional, and profitable takes careful planning and execution. To achieve such a result, the first step is to align with a construction company that has experience in hospitality construction and keeps current with the latest trends This will provide you with a contractor that can handle the job while mitigating unexpected risks along the way.
The following are a few of the best practices for hotel construction.
Be Smart about the Location
When it comes to hospitality construction, location matters the most. Each market tends to have its own land and real estate value, construction costs, and demand and supply characteristics.
Therefore, it’s crucial to conduct thorough research of the market for potential increase in property value, revenue, and market opportunities before finalizing the location.
Incorporate a Restaurant
The modern hotel design most often includes a restaurant. First of all, it is a feature that attracts guests. Also, a restaurant can bring local patrons, adding to the profitability of the hotel. Finally, if designed well, it can lend unique character and atmosphere to the hotel. The restaurant venue in the hotel design should be planned in the early phases to ensure it will flow with the rest of the facility.
Today’s hotel industry is seeing an increase in the popularity of mixed-use hotels. A hospitality construction project that involves residential and commercial use means better in-house business, shared operational costs, and increased market opportunities. It’s important to ensure that such projects feature an increased number of entrances, passenger and service elevators, as well as shared receiving docks.
Gundlach Champion has extensive experience in hotel construction, offering services with exceptional quality and value. We build for a diverse range of clients across the Upper Peninsula of Michigan and Northern Wisconsin. The GCI team brings over 350 years of combined experience to every commercial construction project, from new buildings to renovations. To discuss your next project, contact us at gcfirst.com.