For more than ten years, NEHMER and HVS Design, leading Architecture, Interior Design, and Project Management firms specializing in the hospitality industry, have published the Hotel Cost Estimating Guide, a comprehensive listing of capital expenditure construction and FF&E costs for hotel renovations.
The 2021 Hotel Cost Estimating Guide is the thirteenth edition of this comprehensive planning tool.
Nehmer and HVS Design developed the Guide to examine construction and FF&E costs for renovations in each hotel tier. The Guide is intended to be just that - a guide to help provide approximate costs for your softgoods or full renovation with flexibility to customize your preliminary budget to fit your scope. As with any generic budgeting tool, the final costs for a specific project should be developed on a case specific basis. We hope the Guide continues to be a useful tool for you and your hotel renovation projects.
The Guide is divided into six hotel tiers. Each tier has an assumed hotel size and configuration from which the cost data is derived. The assumptions are a way for you to compare against your property to help determine which tier and hotel size it fits.
The Hotel Cost Estimating Guide is available as a complimentary download.