Stroud Group’s Post

How Much Money Should You Budget for Hotel FF&E? Are you sure? Our experts explain what you must know to ensure you set aside enough cash. https://lnkd.in/e9CzyRKt #budget #hotel #furnishings

Where’s the New York City Hotel Market? Apparently showing ongoing signs of recovery… 1 Hotel Central Park sold yesterday for just above $1 million per key. According to New York City sales records from 2023 and 2024, upper-end hotels (Mondrian, The William Vale, and 1 Hotel Central Park) are trading between $800K and $1 million per room. Mid-market properties (like Hampton Inn, Hilton Garden Inn, and Doubletree) ranged from $400K to $600K per room. Distressed sales (the Roger Smith, Row NYC) were around $200K per key. Is the landscape shifting? What are your thoughts? #NewYork #Hotel #Hospitality #RealEstate #PrivateEquity

Avoid These Costly Mistakes in Hotel Renovation Renovating a hotel? We share essential insights on navigating common pitfalls, from unexpected costs to understanding codes. Learn how to make informed decisions and ensure your project stays within budget. Don't get caught off guard during your next renovation! #HotelRenovation #ConstructionMistakes #BudgetingTips #PropertyInvestment #HotelManagement #RenovationAdvice #BuildingCodes #RealEstateTips #CostSavings #DueDiligence

Warwickshire's Clarion Charlecote Pheasant Completes #Refurbishment.... Following a move earlier this year to join Choice Hotels International EMEA's Clarion Hotel® brand, the Clarion Charlecote Pheasant Hotel in #Stratford-upon-Avon has now completed a #refurbishment of 40 guest rooms and corridors in its Barford building, a key stage in the Hotel’s brand transition. Read the full story on todays news desk 👇 https://lnkd.in/eEW4a93b #hospitality

How much should you spend on FF&E for your hotel? Our guide explains how to develop an FF&E budget and avoid unexpected expenses. https://lnkd.in/e9CzyRKt #furnishings #hotel #hospitality #budget

Avoiding Skeletons in Your Hotel Renovation! Our team had a blast outlining our top tips and tricks for interviewing hotel renovation contractors. While we had some fun crafting these messages, the serious takeaway is clear: ask the tough questions and push for real answers! Want to avoid skeletons in your renovation? Talk to us about your next project! #HotelRenovation #HotelConstruction #Hospitality

How to SANITIZE YOUR HOTEL ROOM in 9 Easy Steps! (9 Surfaces You Should ALWAYS CLEAN! A Doc Explains https://lnkd.in/eadz9YSZ

📣 The final AAHOA Hotel Owners Conference & Trade Show is tomorrow in #DaytonaBeach! Who can I expect to see there? 🤩 #hospitality #hospitalityindustry #hotels #hotel #motel #resort #hotelindustry #hotelsandmotels #hotelsandresorts #hoteliers #hotellife #hotelowners #lifesafety #elevators #emergencycommunications #emergencyresponse #kingsiii

Before selecting a laundry solution for your hotel, it’s important to consider whether a commercial laundry provider or a linen service is best for you. Read our latest article to compare the benefits and drawbacks of both: https://ow.ly/VX9050TNWbA #MetroLaundryService #LuxuryHotels #CommericalLaundry #LinenService #ProsandCons #LaundrySolutions

💀 Planning your hotel renovation and not sure where to start? 👻 Check out our latest edition of Hospitality Renovation Tips - Halloween Edition🎃 With L&S as your FF&E solution, you'll avoid these Halloween Horrors! #Hospitality #HotelRenovation #Designtips #Asbuilts #Hospitalityfurniture #HospitalityDesign