Hotel and resort properties typically require CAPEX re-investments of 7% to 11% of gross revenues, each year, over the entire life of the property.
Strategic vision in CAPEX planning is critical for a property to remain competitive and operationally efficient at the lowest cost. Timing of CAPEX work, and tight control of scope, budget, contracting, and schedule are requirements for a successful CAPEX program.
R-A Associates will provide strategic guidance to your team in support of:
- CAPEX Administration
- Portfolio CAPEX Planning
- Project Management Services
- Purchasing/Contracting
Contact R-A Associates Here.