We believe that operational considerations should be first and foremost in the planning, design and execution of a hotel renovation.
Hotel Renovation with an Operator’s Perspective
We believe that operational considerations should be first and foremost in the planning and design specifications of a hotel renovation.
Our goal is to ensure that the renovated hotel product can produce the most cash flow within the building parameters.
We bring our extensive hotel management experience to bear throughout the renovation process – our principals have led more than 30 hotel renovations in Europe and North America.
Throughout the process our goal is to minimise risk and complete the project on-time and on-budget.
Step’s role in a hotel renovation project often involves the following:
Planning and Design
Determination of project goals and design specifications to ensure optimal operating conditions
Brand, designer and contractor RFP and selection
Coordination amongst ownership, brand, designer, architect, contractor and other project consultants
Renovation & Expansion
Creation and maintenance of the master project budget
Management of consultant and vendor relationships
Project administration and accounting
Investor and lender reporting
Project monitoring to ensure program and brand requirements are met
Post-Renovation Operations
Coordination of final approvals and certifications
Pre-opening, hiring and handover to ops team
Planning and Design
Determination of project goals and design specifications to ensure optimal operating conditions
Brand, designer and contractor RFP and selection
Coordination amongst ownership, brand, designer, architect, contractor and other project consultants
Renovation & Expansion
Creation and maintenance of the master project budget
Management of consultant and vendor relationships
Project administration and accounting
Investor and lender reporting
Project monitoring to ensure program and brand requirements are met
Post-Renovation Operations
Coordination of final approvals and certifications
Pre-opening, hiring and handover to ops team