In Australia, cheap construction spurs development

Developers, think about this: Building, from start to finish, in just seven months, a $10-million modular hotel. Sounds pretty good, huh? Well, in Australia, this is the type of hotel getting done. In this case, a Quality Inn from Choice Hotels International.

AFR has a fascinating article on cheaper construction techniques—like modular and prefabrication—that is allowing projects to get financed and built. You can read the entire article here.

The Quality Inn mentioned above is, as AFR reports, the first modular-constructed hotel in Australia fully-funded by an Australian bank (the Commonwealth Bank).

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

Modular hotels are "significantly cheaper" than a traditional hotel to build, Trent Fraser, Asia Pacific CEO of Choice Hotels, told AFR.

Modular construction is also gaining popularity in the U.S. NewcrestImage, a hotel development, construction and management firm, partnered with Guerdon Modular Buildings, manufacturer of modular construction projects, to used modular construction to build a 142-room AC Hotel in Oklahoma City.

 

Suggested Articles

Gross operating profit per available room dropped to -$17.98 while total RevPAR dropped 92.9 percent to $17.39 for the month.

As businesses plan their back-to-work strategies, implementing a safe workplace is at the top of every executive’s mind.

The program provides enhanced processes and procedures including physical-distancing guidelines and heightened cleanliness standards.