What a difference a year makes! The hotel design and construction industry has rebounded and, according to the AIA’s Consensus Construction Forecast, is expected to have a 13.1% spending increase in 2014 and a 9.2% increase in 2015.
The Lodging Econometrics Pipeline projects a 40% increase in the number of projects under construction in the first quarter of 2014 versus the same time in 2013, with the New York market having the most projects under construction. With our first two projects in New York under construction, BR&P is right in line with this outlook.
Despite the recession, guest demand remained relatively unaffected. However, as Best Western CEO David Kong shared with CNBC, “The big change post recession is that people are much more price conscious. They try to look for value.” He added, “They aren’t looking for something cheap as much as they’re looking for quality at a great price.” And that is exactly what we strive for in our work and perception among developers.
As a nationally-ranked hospitality design firm, BR&P is a leading choice for developers across the country for their new hotel projects. Nationally, the majority of projects under construction are in the upper midscale to upper upscale categories. Projects by BR&P in those categories in design and construction include:
Congress Plaza Embassy Suites Hotel – Saratoga Springs, NY
Six Stories / 149 suites / 155,064 sq. ft.
Courtyard by Marriott – Holland, MI
Five Stories / 140 rooms / 98,600 sq. ft.
DoubleTree Hotel, Conference Center & Parking Garage – Evansville, IN
Hotel & Conference Center – 10 Stories / 258 rooms / 202,913 sq. ft.
Parking Garage – Four Stories / 335 spaces / 111,585 sq. ft.
Embassy Suites Hotel & Conference Center – Denton, TX
11 Stories / 318 suites / 382,384 sq. ft.
Homewood Suites – Clifton Park, NY
Four Stories / 95 suites / 81,086 sq. ft.
Each of these offer an array of guest amenities including restaurants, fitness areas, pools, conference and meeting space, and a variety of room types and sizes for guests looking for quality accommodations. All will be unique properties intended to enhance the reputation of each brand. With more than 50 hotels completed across the country, BR&P excels at marrying brand-standard requirements with the unique preferences of a developer.