During 2019, the hospitality industry in Canada remained steady, with few ups and downs affecting the overall figures. Hotels were built on a large scale, and a significant rise in the land, building and site improvement costs and expenditure were seen in the past couple of years. Until 2018, there was a continuous demand for hospitality project management with the charting of percentages in occupancy and RevPAR (revenue per available room) in the country.
The hospitality industry covers – food, travel, tourism, recreation and lodging. All the segments are interlinked in accordance with various industry parameters. This is why the sector is fairly big and organized. Among these segments, hospitality construction is a specialized field, wherein project planning, design execution, budgeting and monitoring are integral to project delivery.
The types of construction in the hospitality industry are primarily categorized as below:
In the hospitality industry, when a project goes on the floor, it must fulfill the defined criteria before reaching its construction on a full-swing phase. Management of hospitality projects can be complex and demanding. Starting from the PIP or Property Improvement Plan to monitoring the implementation of safety measures during the construction, hospitality project management can be exceedingly challenging at times.
Every hospitality construction project is subdivided into the below phases:
Phase 1: Design Concept
Phase 2: Design Development
Phase 3: Contract Documentation
Phase 4: Construction Period
Phase 5: Completion
In hospitality project management, the success of the project is measured by client response, project output and quality, budget performance, team satisfaction and schedule performance. Beyond this, some important guidelines should be followed by the project managers for efficient delivery:
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