It was almost midnight as everyone raised yet another toast to the successful completion of the project.
Celebrations were in full swing. The renovation had been completed ahead of the scheduled reopening date, giving the General Manager additional two months of opportunity to welcome the guests. Yes, time is money, especially in a hotel project.
The before-time opening of the hotel facilitated additional profit, savings on project staff payroll and freeing up manpower for the next assignment. This is the story of a luxury business hotel in downtown Mumbai when a major renovation was completed in 16 months and that too including the design, tendering and execution.
Meticulous planning at every stage of a project can ensure cost control and efficiency. This is especially important in a renovation work for hospitality properties, where an already revenue generating hospitality property shuts its doors to re-open in order to provide a better experience.
We can say that every single day’s delay in the opening of a hospitality property is a loss of potential revenue making opportunities. Here let us look at some ways to bring efficiency in the whole process of planning and execution of a hotel project.
The Steps to Heed
This story is from the May-June 2019 edition of Hotel Business Review.
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This story is from the May-June 2019 edition of Hotel Business Review.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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