Page 11 - 2020 JN+A & HVS Hotel Cost Estimating Guide
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ABOUT THE COST GUIDE TIERS, CRITERIA, AND CATEGORIES
HOTEL MARKET TIERS | MODEL HOTEL CRITERIA
Line item costs included in this Guide have been estimated using the following models in each hotel tier:
Economy | 90 guestrooms, 3 stories (all with guestrooms), 30 rooms/floor Extended Stay | 150 guestrooms, 4 stories (all with guestrooms), 38 rooms/floor Midscale | 135 guestrooms, 5 stories (all with guestrooms), 27 rooms/floor Upscale | 304 guestrooms, 9 stories (8 with guestrooms), 34 rooms/floor
Upper Upscale | 192 guestrooms, 25 suites, 7 stories (6 with guestrooms), 31 bays/floor Luxury | 200 guestrooms, 20 suites, 6 stories (5 with guestrooms), 37 bays/floor
COST CATEGORIES
Renovation costs in this Guide have been separated into the following cost categories. Throughout the Guide, the colors shown in the chart below are used to indicate each category.
Guestrooms, Guest Bathrooms, Guestroom Corridors Public Spaces
Food + Beverage Outlets
Function Spaces
Recreational Facilities
Infrastructure
Common Additives
When using this Guide, please note that since project-specific conditions will affect the final cost of every renovation project, this Estimating Guide will not include all costs for each hotel renovation. Costs such as Professional Fees, Contingency, Operating Supplies + Equipment, Attic Stock, Freight, Sales Tax, etc. have not been included. However, this Guide does identify broad areas of costs that will likely apply to most types of hotel renovations and can provide preliminary insight when planning for such work.
JN+A and HVS DESIGN | HOTEL COST ESTIMATING GUIDE 2020
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