ISG's hospitality lead predicts bright future for hotel construction

16 January 2018

The future is bright for hotel contractors with the expertise to take advantage of the commercial opportunities available in the sector, says divisional director for ISG’s hospitality business, Steven McGee.

The future is bright for hotel contractors with the expertise to take advantage of the commercial opportunities available in the sector, says divisional director for ISG’s hospitality business, Steven McGee.

Steven made the comments as part of an article for the Hotel News Now website, an online information hub aimed at hotel decision-makers across the globe.

“The outlook for hospitality is incredibly positive, with a mix of one-off (developers), high-net-worth individuals and institutional developers,” he said.

Steven continued that with budgetary pressures, construction companies need to have a full grasp of every stage of their projects in order to be successful.

“For any single hotel development, if it has the best designers, the best contractors, the best supply chain, then there will be pressure on the budget every step of the way,” he said.

“Full knowledge of any project is essential, so that at pressure points we’ll know if there is too much emphasis on one part of the development and then can chat with developers to wind back or offer other options.”

Follow the link to read the full article, UK hotel construction holding up amid Brexit, labor, which can be found at hotelnewsnow.com. Please note the article may only be available for registered users.