Sage Hospitality Group’s Post

Welcoming Back Property Improvement Plans “...in the first quarter of 2023, the industry saw a significant 38% increase year-over-year in renovation and conversion projects...Hoteliers know this and today they are at the helm of reinvestment..." The pressure to update is coming back stronger and on a grander scale, as owners have a renewed interest in presenting their hotels at their best quality amongst competitors. "While prices have not returned to pre-pandemic levels, the industry has found a healthy operating baseline..." At Confera, our pricing has remained aggressively low. Other than a specific group of materials, most of our estimates and costs have remained static to pre-pandemic levels. If you are concerned about how to make those PIPs cost-effective and healthy for your bottom line, reach out to Confera and let us help you execute a professional and financially-efficient renovation for your next project. Referencing Stephen Siegel’s article on Hotel News Now. https://lnkd.in/gby-d_JS #hotelrenovation #Confera #ConferaConstruction #hospitality

Merritt Planning San Antonio Residence Inn - A Guide to Planning Your Stay Read the full article below..

Check out this article from Ocala Star Banner: Yes, downtown Ocala is getting another hotel. Here's what we know so far. https://lnkd.in/ePu57nyq

Celebrating excellence in the industry, this article by Serviced Apartment News details the categories and nominees setting high standards in hospitality. 🏆🛋️ Get the scoop on the top contenders for this year’s Serviced Apartment Awards. #HospitalityExcellence #ServicedApartments #IndustryAwards

Our blog delves into crucial factors and expert guidance for efficient commercial hospitality renovations. Discover key strategies to mitigate delays, ensure budget adherence, and deliver a seamless guest experience upon completion. Visit https://bit.ly/49DfQI2 to learn more. #blueteam #restoration #construction #roofing #commercialservices #propertyportfolio #roofingcompany #constructionlife #commercialrestoration #commercialconstruction #commercialroofing #customizedservices

The weather is still perfect for enjoying outdoor spaces, especially when they are ones that we’ve built. 😉 Project: @embersskilodge Hospitality . . . #EshelmanConstruction #NashvilleConstruction #NashvilleHospitality #HospitalityDesign #NashvilleResturants #CommercialConstruction #ResturantDesign #NashvilleLocal #NashvilleConstructionCompany #HospitalityConstruction #ConstructionManagement

Sharing key takeaways from the Hotels Forum today: Consumer Trends: Richard Stevenson (BVA BDRC) and Tim Davis MBE (PACE Dimensions) are offering valuable insights on consumer attitudes towards sustainability, design trends, and the impact of the upcoming election on the industry. Market Transactions Panel: Learn from industry leaders like Justin Lanzkron (Kew Green Hotels), Phil Golding (Cedar Capital Partners), Richard Dawes (Savills), and Robert Ryan (Lamington Group | B Corp™) on the latest market transactions, moderated by Saar Sharon of Colliers. Stay tuned for more updates from the Leisure Property Market Forum! #hotels #sustainability #designtrends #leisure #forum #hospitality

Downtown Miami’s The Wharf Miami has announced plans to close to allow for construction of the $185 million Riverside Wharf, according to multiple reports, including Miami New Times. A closing party at The Wharf is scheduled for September 15 through September 16. The new Riverside Wharf is proposed to include two 10-story buildings, with: ● Dream Miami luxury hotel (now part of Hyatt), with 165 keys ● Expanded, permanent version of The Wharf Miami ● 16,000 square feet of restaurant ● Indoor live performance venue ● 12,000-square-foot event hall ● 30,000-square-foot nightclub and rooftop dayclub with two pools ● Private marina capable of accommodating megayachts ● Permanent Garcia’s Fish Market location ● Publicly accessible Riverwalk ● In total, there will be 200,000 square feet of new development. Source: https://lnkd.in/ee6MmM9e #colfax #miami #florida #investment #luxuryrealestate #news #investments #developments

🚀 New Newsletter Alert! 🚀 Discover how hotel conversions and zoning changes are transforming the hospitality real estate market! Learn from real-world examples like the West Hollywood nightclub conversion project and explore how recent zoning laws are paving the way for innovative developments. Stay ahead of the curve with insights into technological innovations and expert perspectives on successful projects. #HospitalityRealEstate #HotelConversions #ZoningChanges #RealEstateTrends #UrbanDevelopment #CRE #StrandsRealEstate