Topic: Modular Construction
As the cost of building hotels continues to rise, modular construction presents a possible way for developers to save money.
With construction costs continuing to grow faster than normal, we take a look at whether there’s an end in sight and what hotels can do to reduce expenses.
The 120-room Fairfield by Marriott hotel, now under construction in Kitimat, British Columbia, is slated to open in Q1 2020.
Sri Krishna Enterprises owns the 115-suite hotel, which took 16 months to construct, and Southern Hospitality Services manages it.
On-site construction of the 168-room, 26-story AC Hotel New York NoMad will take place this fall, with an opening expected in late 2020.