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Litt Group PIP

Litt Group Continues Focus on PIP Renovations

Boca Raton, Fla.—The Litt Group, a capital project administration and consulting firm for the hospitality industry, was recently awarded the contract for the renovation...

Sheraton’s Indy Adenaw on Updating the Brand

At this year’s NYU Investment Conference, Marriott’s Sheraton brand showcased nine new flexible design additions to its portfolio, refreshing the brand for a new...

Tips and Tricks for PIPs

Experts weigh in on what hoteliers should keep in mind when deciding whether to go through with a PIP. Below are three pieces of...

To PIP or Flip? The Costs, Benefits of Property Improvement Plans

Hoteliers whose portfolios are mostly composed of branded hotels are familiar with the ins and outs of property improvement plans (PIPs). These PIPs are...

Reserve Funds

Reserve funds consist of liquid assets set aside for future projects or unexpected costs. Typically, hoteliers contribute to reserve funds on a scheduled basis...
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