Successful Hotel Renovation Projects begin with communication and a measured approach to establishing a Budget that will deliver the desired ROI. Establishing the metrics early has a positive effect on all Stakeholders, drastically reducing compromise at later stages, and increasing speed to market.
The ROI and Budget Calculator facilitates communication amongst the primary stakeholders and establishes a Project Budget by utilising known, and estimated data, to present a range of options, that will ultimately enable more informed decisions to be made. The calculator can be used to see the effect of changes in any given metric, across each of the sections, Operation, Target, Investment and Phasing, and how this in turn affects the Budget.
The Calculator provides Budget and ROI calculation for both Hotel Guestrooms and Restaurant outlets.