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Q1 2019 Lodging Snapshot

May 16 2019

Despite a slight slowdown in the first three months of this year, the U.S. economy is still going strong. That’s also reflected in the hotel industry. According to Lodging Magazine, in the first quarter of 2019, the hotel industry experienced …

hotel renovation companies and trends

Top Trends Impacting the Hospitality Industry

Mar 13 2019

According to research by Deloitte, the hotel sector has been growing at a CAGR of six percent over the past decade. And while nobody can accurately predict the exact market value of the hospitality business for the upcoming year, experts …

Focus on Hotel Construction Costs 2019

Feb 19 2019

According to Fixr, the average hotel in the U.S. covers approximately 48,000 square feet with 115 rooms of 325 square feet and an ensuite bathroom each. While construction costs vary drastically per location, the average costs to build such a …

How the Hotel Industry Can Compete with Vacation Rentals

Jan 15 2019

In a previous blog post, we discussed how the growing popularity of peer-to-peer vacation rentals such as Airbnb, HomeAway and VRBO is impacting the hotel industry. Travelers who don’t want to spend top dollar on lodging or who prefer a …

Constructio automation for the hotel renovation industry

Robots and Construction Sites

Oct 11 2018

Thanks to recent advancements in technology, an increasing number of industries are using robots to assist or even replace human workers. According to The Brookings Institution, the automotive industry leads the way, followed by the electronics industry, as well as …

How Vacation Rentals Are Affecting the Hotel Industry

Sep 07 2018

Vacation rentals such as Airbnb and HomeAway are becoming increasingly popular. But how does this impact the hotel industry and hotel renovation contractors? Vacation Rentals: The Statistics Airbnb, founded in 2008, lists more than 5 million lodgings worldwide and earned …