Waterford Hotel Group offers project management, value-engineering, architectural and plan review expertise, and draws from vast experience in a number of successfully executed hotel developments and renovations. Waterford delivers projects on time, within budget, and most importantly, according to client specification. This process is facilitated by our purchasing directly from the manufacturer at or below wholesale prices, and through timely and accurate cost estimations, budgeting and reporting.
Waterford works closely with hotel ownership in determining appropriation of revenues to be set aside for capital expenditures. All parties involved share the same goal of maximizing revenues and return on investment, and subsequently our goal is always to make the best use of capital monies. Capital reserve requirements vary greatly depending on the property, but are always set at a mutually agreed upon level conclusive to the optimum achievement of revenue goals. Other variables, such as life safety and ever changing franchise requirements, are continually reviewed.
Each detail, from initial product design through purchasing, receiving, construction supervision, and installation, is professionally managed by Waterford, including:
- Project Budgeting
- Project Management
- Construction Management
- Design Review
- Capital Planning
- FF&E Procurement and Installation