Whether you buy a hotel or develop from the ground up, you will work on a variety of large and small construction and renovation projects as an owner. People who own hotels are not expected to be design or construction specialists. No one has the time or skills to do this alone. Your role is to have the vision, hire the teams and to make sure that the goals are clear the project moves forward. You also make sure vendors are paid when payment is due. Hiring specialists enables you, as an owner, to run your business.
You or property management will find service providers for smaller projects. This is a standard process for hotel owners and their managers.
Expect to pay for these services. And expect the providers you select to make these costs a good value.
For large and complex projects, you will engage a team with the expertise to carry you through the process.
This team will work with you through design, review submittals, budget management, permitting, construction, purchasing, installation, compliance, inspections and opening. Every project has moments of sheer frustration and moments when you wonder if the demolition you see can possibly become the hotel you envision. The process is also exciting, fascinating, and frequently fun. You get to review plans with the architect and interact with the general contractor and as they bring your vision to life. You get to see your ideas translated into color and design with the interior designer. You get to select fabrics and furnishings from choices the purchasing agent presents to you. Ultimately, you see all the pieces come together in the finished hotel.