PIP Flexibility: 5 Ways Hoteliers Can Build a Stronger Case to Negotiate With Brands
With the continued escalation of construction and FF&E costs, a property improvement plan (PIP) can quickly become a multimillion-dollar commitment. However, not every line item in a PIP carries the same urgency, guest impact, or return on capital. Hotel operators have negotiating power, especially if they can show years of consistent upkeep and strong guest scores. The following operational best practices cultivate exceptional guest experiences while also creating a credible case for waivers, substitutions, or […]
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