Tag: PIP
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...
Property Improvement Plan
A property improvement plan (PIP) is required to bring a hotel in compliance with brand standards. According to HVS, an effective PIP should help...