التصنيف: Renovation

Hospitality Renovation: Upgrading Hotels without Downtime

Closing hotel rooms for renovation directly cuts into a property’s sellable inventory and skews performance metrics like RevPAR. Since Cost per Occupied Room (CPOR) benchmarks now reach $20–$40, every night a key stays out of order increases overhead for the remaining rooms. Asset managers need renovation methods that protect revenue streams while modernizing guest spaces. […]