Which is right for your next hotel renovation or new build?
Whether you are looking to rebrand your hotel or build a new, stunning facility from the ground up, there are many time-consuming parts and pieces that must flow together to get the project to the finish line.
A traditional design-bid-build (DBB) procurement can get the job done through the traditional sequential phases where construction does not begin until the design process is complete (and a bid accepted), so there is no overlap between design and construction. However, with recent supply chain issues and labor shortage challenges, ensuring all the moving pieces are falling into the right time frame can be overwhelming and stressful, especially if you’re unfamiliar with construction.
Another way to manage a large project such as a hotel renovation or new build, is to utilize the turnkey delivery process which means all that is required of an ownership group is to show up and “turn the key.” This type of project is accomplished by consolidating multiple aspects of the development, building design, financial, construction, operations and maintenance into a full scale property solution. This method also offers financial and organizational flexibility with a single point of accountability which contractually aligns development, design, and building team members into one.
This method creates a single, effective source for managing everything from scheduling and design to procurement and construction support to ensure your project runs smoothly, within budget, and on time. (Maybe even ahead of schedule!)
Unlike design-bid-build methods, turnkey delivery eliminates many inconveniences and liabilities you face as a client and owner by placing responsibilities on the vendor. With this method, you don’t have to actively participate in the design, supply purchasing, and construction phases, you only need to provide access to the site and approve project phases.
Where does Hospitality Project Advisors fit in?
In turnkey projects, HPA offers services from pre-construction to project delivery to bring your vision to life. With award-winning experience in hundreds of renovations, from large-scale resorts to full-service convention properties to smaller select-service hotels, our team understands the ins and outs of transforming an idea into a built reality.
Let us bring your idea to life. We are with you every step of the way.