Situation:
Sometimes hotel projects do not begin the way they should. Any number of costly problems and mistakes can occur with a general contractor – so began the story of the Hampton Inn at Irondequoit, New York. Eastern Hospitality Advisors was brought in after the project’s general contractor was terminated.
Timeline:
The Hampton Inn at Irondequoit had a 12-month construction schedule. The 77-room, 47,000 sq. ft. hotel opened on time for business in June 2009.
Result:
While major administrative, scheduling and building adjustments and repairs were necessary, EHA rebid the project and restarted construction in less than one month. EHA minimized financial impact, eliminating the hotel owner’s potential need to modify bank loans, a “save” that proved to be especially important during 2009’s economic recession. EHA achieved $500,000 in savings for the owner.
