We’re excited to share insights from Hospitality Design Expert Dan Ryan’s recent Substack article that sums up his thoughts from this year’s Lodging Conference, Notes from the Front Row: Renovation Math, Guest Love, and Faster Money. Dan highlights the major shifts shaping hotel renovations today, from curating PIPs based on guest feedback to improving capex discipline and accelerating project schedules.
At Elevate Renovations by HVMG, we see these trends firsthand. Guest satisfaction is finally influencing renovation decisions, creating opportunities to prioritize upgrades that truly drive loyalty and repeat stays. Speed is back, capex planning is more disciplined, and transparency is helping owners get the most from their budgets.
Some key takeaways from Dan’s session:
- Guest-driven PIPs: Hotels are prioritizing renovations that impact the guest experience instead of following rigid cycles.
- Capex discipline: Setting realistic budgets and raising reserves to 6–8% for full-service properties helps deliver quality results efficiently.
- Faster project velocity: Planning renovations in low-occupancy windows and building in realistic lead times helps minimize disruption while maximizing ROI.
- Transparency and collaboration: Sharing budgets and scopes upfront allows designers, contractors, and manufacturers to work efficiently and reduce delays.
For Dan Ryan’s full article and additional insights, read it here: Read the full Substack article
If you’re planning a hotel renovation in 2025 or beyond, these insights are critical for maximizing ROI and guest satisfaction. At Elevate, we help owners and brands turn renovation goals into profitable, streamlined projects that align with today’s market realities.
Contact us to learn how Elevate Renovations by HVMG can help your next hospitality project succeed.
About Elevate Renovations + Development
At Elevate Renovations + Development by HVMG, we help hotel owners, investors, and developers bring their vision to life. With 20+ years of experience and 65+ successful projects, we deliver flexible, cost-effective solutions for hotel renovations and development, from PIP negotiations to full-service construction management.
Ready to start your next project? Visit elevatebyhvmg.com to learn more or view our Case Studies at elevatebyhvmg.com/case-studies.