Hotel Management and Operations

Major consideration are the quality and reliability record of the general contractor and the firm’s use of and relationships with the many subcontractors needed for a project as complex as a hotel. Again, experience in building the hotel type is important. It is hoped that the general contractor has learned from any mistakes made in building similar hotels.

The general contractor and architect often bid the project as a team; this helps the developer determine the final cost. Often, up to a 10 percent contingency cost that allows for unforeseen circumstances is built into the project bidding process.