Correcting Projections: Capital Planning Should Be Based on Expected Net Revenue Per Available Room
Design and procurement discussions have consistently centered on rising steel prices, extended lead times, and shifting countries of origin. These factors represent a stark reality, yet they only describe one side of a critical ratio. The other side—what owners actually keep from what guests pay—is moving in the opposite direction. The Cost of Capital Deployment Turner Construction’s Building Cost Index reached 1552 in the second quarter of 2026, marking an increase of roughly 34 percent […]
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