Tag: PIP
Standard Upgrade: Smart Advice for Tackling Your Next PIP
There’s no shortage of scenarios in which hoteliers need to secure financing for property enhancements. Whether transforming a hotel from economy to upscale, refreshing...
Three Housekeeping Investments To Enhance Guestrooms
Hotels typically renovate their guestrooms every five to 10 years. While financial resources must be expended on tangibles like FF&E during a PIP, there...
Litt Group Renovates Candlewood Suites Athens
Boca Raton, Fla.—The Litt Group, a capital project administration and consulting firm for the hospitality industry, has completed the renovation of the Candlewood Suites...
How Hoteliers Can Take Advantage of 2018 Tax Reform
Not many people do things ahead of time. How many people or organizations beat deadlines by months or even years? Similarly, how many investors...
Three Rules of Renovation
Lodging’s current robust performance is creating a competitive environment when it comes to product freshness. The industry fundamentals have never been better, and these...