Bunkwell - Co-live/work Communities Marketplace’s Post

How to Turn Your Existing Under Performing Hospitality Business into a Coliving Space

🔔 🎉 NEW SITE IS UP! 🎉 🔔 Michelle Oliver and I are really pleased to share our revamped website for EVOLVE Lodging. With a pun clearly intended, we continue to Evolve every day with new strategic partners, more product offerings, incredible alliances, and a fuller slate of products and services. It's simple, really: We believe that our clients need design innovations, comprehensive solutions, growth strategies that make sense, and pathways to increased guest satisfaction and profitability. Those are the reasons why EVOLVE was built, and that's what we provide. At our core, we are a service provider: ·     We are aligned with manufacturers in proprietary relationships that allow FAR more customization than you're used to with rental accommodations for your property. ·     We do stick-built, kit, and modular construction, from 150 sq ft to 15,000 sq ft ·     We have RVIA-certified Park Models via our manufacturing partners (and soon, an EVOLVE line!) ·     We can provide entitlement and permitting ·     We do CapEx construction, expansions, and full resort construction and are licensed general contractors in 40 states (and counting) ·     We can provide ‘set and skirt’ installations of park models (yours or ours) ·     For the inside, we have in-house interior designers ·     Full EVOLVE by SLX Hospitality FF&E and OS&E packages, in multiple themes and price points. Everything from furniture to can openers – If it goes inside, we can source it, deliver it, and even stage it ·     We have an entire line of EVOLVE by GatherCraft outdoor furniture at deep discounts ·     We have a full Outdoor Hospitality commercial brokerage via our sister company, The Intrepid Group ·     We can do ALL of this for you, with us as a single point of contact. Whether buying, building or improving a park, from the first planning phases to the first guest, we’ve got this. After nearly three decades in the Experiential Outdoor Hospitality industry we’ve worn a lot of hats, and you do too! We just think there’s a few of these hats you should only wear if you want to. For the ones you don’t, we’re here to be of service. 🛎 Let’s face it: If you’re in this industry, you watch your money closely and want to extract the max value for every dollar you invest in your property. Loosely, we think all of us ask these questions: ·     Does it save time? ·     Does it solve a problem? ·     Does it make me money? We think we can accomplish all three, working together with you on a Success Plan that is as unique as you are, and we’d love to visit with you about your vision (and how we can help you realize it). It’s time to EVOLVE, and we’re ready when you are! www.EvolveLodging.com #outdoorhospitality #experientialhospitality #rvparks #rvresorts #campgrounds #glamping #lodging #hotels #parkmodels #construction #brokerage #evolvelodging #theintrepidgroup #michelleoliver #randyhendrickson

Maximizing Hospitality Revenues Through Efficient Parking Strategies In hospitality real estate development, an efficient parking strategy is crucial for guest convenience and overall property value. One key aspect of this strategy is linking the parking ratio to the number of hotel keys (rooms). Let's explore how to effectively plan parking facilities to support hospitality operations and maximize revenues. Linking Parking Ratios to Room Count A• Parking Ratio Calculation: • Standard Practice: The parking ratio should be based on the number of hotel keys to ensure there are adequate spaces for guests, staff, and visitors.  • Common Ratios: A typical ratio might be one parking space per hotel room, but this can vary based on location, hotel type, and guest profile. B• Adjusting Ratios: • Urban vs. Suburban:  Urban hotels might require fewer parking spaces due to the availability of public transportation and the higher cost of land, whereas suburban hotels might need more spaces to accommodate guests arriving by car. • Hotel Type:  Luxury resorts might have a higher parking ratio to accommodate more vehicles per guest (e.g., family stays), while business hotels might have a lower ratio. C• Optimizing Guest and Staff Parking • Guest Parking: Proximity: Ensure guest parking is located close to hotel entrances for convenience and safety.  Valet Services: Offer valet parking to enhance guest experience and manage space more efficiently. • Staff Parking:  Designated Areas:  Provide separate parking areas for staff to free up prime spaces for guests.  Security: Implement security measures to protect vehicles and ensure staff safety. D• Sustainable Parking Solutions • Green Parking Initiatives:  Electric Vehicle Charging:  Install EV charging stations to cater to eco-conscious guests. Bicycle Parking:  Offer secure bicycle parking and encourage guests and staff to use alternative transportation. E• Efficient Space Utilization:  Compact Design:  Optimize parking layouts to maximize the number of spaces without compromising accessibility.  Shared Parking:  Use shared parking strategies, especially in mixed-use developments, to reduce the overall number of spaces needed.    F• Technology Integration • Smart Parking Systems:  Real-Time Information:  Use smart parking systems to provide real-time information on available spaces, reducing time spent searching for parking. Automated Payments:  Implement automated payment systems to streamline operations and improve guest convenience. Linking parking ratios to the number of hotel keys ensures that there are adequate parking spaces to support the operational needs of the hotel. By optimizing parking facilities, incorporating sustainable solutions, and leveraging technology, hospitality developers can enhance guest satisfaction, improve operational efficiency, and maximize revenues. #ParkingSolutions #HospitalityDevelopment #SustainableDesign #GuestExperience #SmartParking #HotelDesign

Highlighting unique features in a short-term rental listing can significantly increase bookings and help a property stand out in a crowded market. Here are my main reasons why showcasing these unique aspects is crucial: 1. Capturing Attention in a Crowded Market Initial Attraction: With numerous listings available, potential guests often skim through many options quickly. Differentiation: Emphasizing what sets your property apart helps differentiate it from other listings, making it more memorable and increasing the likelihood of it being chosen. 2. Meeting Guest Expectations Personalization: Many travelers seek accommodations that align with their specific needs or desires, whether it’s a pet-friendly space, a luxurious hot tub, or a home with a stunning view. Enhanced Experience: Unique amenities and special touches can significantly enhance the guest experience, leading to positive reviews and repeat bookings. 3. Building Trust and Transparency Accurate Representation: Showcasing unique features provides an accurate representation of what guests expect. Detailed Descriptions: Providing detailed information about your property’s unique aspects can reassure potential guests about the quality and authenticity of your listing. 4. Appealing to Niche Markets Targeted Marketing: Unique features can attract niche markets. For example, eco-friendly amenities can appeal to environmentally conscious travelers, while high-speed internet and a dedicated workspace can attract business travelers. Special Interests: Highlighting features like proximity to hiking trails, historical landmarks, or local attractions can attract guests. 5. Increasing Perceived Value Justifying Higher Rates: Unique features can justify higher rental rates. Guests are often willing to pay a premium for properties that offer something special or unique. Competitive Edge: In competitive markets, properties with standout features are more likely to be booked first, as they offer perceived added value over standard listings. 6.Encouraging Word-of-Mouth and Social Sharing: Memorable Stays: Unique aspects of a rental can create memorable experiences that guests are more likely to share with friends and family or on social media, driving word-of-mouth referrals. Instagram-Worthy: Aesthetic or unique elements can be highly Instagrammable, encouraging guests to share their experience online, further promoting your property. Examples of Unique Features to Highlight Amenities: Hot tubs, swimming pools, home theaters, gourmet kitchens, game rooms, outdoor fire pits, or eco-friendly features. Location: Proximity to attractions, beachfront access, mountain views, secluded countryside retreats, or vibrant urban settings. Design and Decor: Stylish interiors, themed rooms, architectural uniqueness, or historic significance. Special Services: Personalized welcome packages, local tour guides, in-house chef services, or pet-friendly options.

The Best Report Arthroto Industries Inc. has seen on Conversions this year! Hotels are leading the change over for Office Conversions, partly to misguided Municipal Governments shutting down AirBnB's. Either way, this is great news for Adaptive Reuse. #officeconversions #adaptivereuse #officetoresi #officetohotel #hotels #conversions #commercialrealestate #commercialbroker #commercialoffice #officebuildings #housing

Elevating The Residential Experience: Exploring Ultra-Luxury Amenities When it comes to luxury living, the bar is constantly being raised. As discerning homeowners seek not just comfort, but an unparalleled experience within their residences, developers and designers are responding with a host of ultra-luxury amenities that redefine opulence. Private spas and gyms, infinity pools, home theaters, wine cellars, and lavish outdoor entertaining venues abound. These amenities go beyond mere indulgence; they create an environment where every moment is an indulgence, every corner an oasis of extravagance. While I plan to explore many of these amenities in greater detail in future blogs, here is a brief overview of some of the most common. (see https://lnkd.in/eVB56J5A for more)

Maximizing Value in Hotel Renovation Projects: Trends, Challenges, and Solutions - Part 1: Introduction: Hotel renovations are critical to maintaining competitiveness and guest satisfaction in the ever-evolving hospitality industry. Whether it's updating a property to meet new market demands, enhancing aesthetics, or integrating modern technology, renovations play a key role in ensuring that hotels stay relevant. With proper planning, hotel renovations can increase revenue, improve operational efficiency, and elevate the guest experience. However, successful renovation projects require careful consideration of cost, time, and guest impact, along with a focus on long-term ROI. Main Trends in Hotel Renovation Projects Sustainability and Green Renovations: Sustainability is no longer a secondary concern but a primary driver in hotel renovations. Hoteliers are increasingly integrating eco-friendly materials, energy-efficient lighting, and water-saving technologies to reduce environmental impact and operational costs. Renovations that prioritize sustainability, which features energy-efficient systems and reclaimed materials, appeal to eco-conscious guests while also enhancing the property's green credentials. Technology Upgrades: In today’s digital age, incorporating smart technologies during renovations is essential. Smart room technologies, mobile check-ins, keyless entry, and high-speed Wi-Fi are no longer luxuries but expectations. Forward-thinking properties have set a high standard by implementing cutting-edge technology, including AI-driven systems that manage energy usage while enhancing guest comfort. Wellness-Focused Spaces: Wellness tourism is on the rise, and many hotels are renovating to include wellness-focused spaces such as dedicated fitness areas, yoga rooms, and spa-like bathroom upgrades. These additions cater to the growing demand for health and wellness experiences in hospitality. Leading properties are incorporating meditation spaces, organic design elements, and comprehensive wellness programs that enhance the overall guest experience. Flexible and Multi-Purpose Spaces: Modern travelers expect flexibility in hotel design. Renovation projects are increasingly focused on creating multi-purpose spaces that can transition easily between different uses, such as co-working areas, meeting spaces, and social hubs. Many forward-thinking hotels are pioneering the concept of flexible spaces, seamlessly blending work, leisure, and dining in their public areas to cater to diverse guest needs. #WATG #Renovations #Refresh #Reposition #Hospitality #Design #CreatingDestinations

From serviced apartments to co-living spaces, the demand for adaptable accommodations is growing across Europe and beyond. I had the opportunity to share insights in this piece with Hospitality Investor, discussing how different markets are adapting to these trends and how FLOK leverages these opportunities to customize our offerings and provide value for investors. "The rise of flexible accommodation options like serviced apartments and co-living spaces is more than just a trend—it's a fundamental shift in how people live and travel." Read more in the article below: https://lnkd.in/diERxTww #Hospitality #RealEstate #FlexibleLiving #CoLiving #ServicedApartments #UrbanLiving #InvestmentOpportunities #FLOK #stayflok

Indulge in Luxury: Experience Travelers Corporate Housing's Exquisite Amenities!  At Travelers Corporate Housing, we believe that a true luxury stay goes beyond just comfortable accommodations. That's why we have gone the extra mile to curate a selection of apartment complexes that offer an array of beautiful amenities, ensuring our clients enjoy a truly lavish experience. Here's what sets us apart: 🏋️♂️ Fitness Centers: Stay active and maintain your wellness routine with state-of-the-art fitness centers available in our apartment complexes. From cutting-edge equipment to spacious workout areas, you'll have everything you need to stay fit and energized during your stay. 🏊♀️ Sparkling Swimming Pools: Take a dip and unwind in our exquisite swimming pools. Whether you want to relax poolside or indulge in a refreshing swim, our apartment complexes provide a serene oasis for you to enjoy under the sun. 🌳 Serene Outdoor Spaces: Step outside and immerse yourself in beautifully landscaped gardens, courtyards, and outdoor lounging areas. Breathe in the fresh air, soak up the sunshine, and find tranquility amidst the bustling cityscape. 🎉 Entertaining Spaces: Our apartment complexes provide entertainment options to make your stay even more memorable. From stylish clubhouses and game rooms to movie theaters and rooftop terraces, you'll find ample spaces to socialize and unwind. 🐾 Pet-Friendly Facilities: We understand your furry friends are part of the family too. That's why many of our apartment complexes offer pet-friendly amenities such as dog parks, pet spas, and walking trails, ensuring a comfortable and enjoyable stay for your four-legged companions. At Travelers Corporate Housing, we believe that every aspect of your stay should be imbued with elegance and luxury. That's why we have meticulously chosen apartment complexes that offer an impressive range of amenities to enhance your experience. Indulge in opulence and enjoy a truly extraordinary stay with us.

Yesterday, I attended Bisnow's webinar "Truths and Myths of Building Amenities".   Firstly, I was struck by the fact that although this was a US based and focused webinar, just how much it resonated with what we do in the WelcomeOffice team at Workman LLP. Here are my main takeaways: Customisation is key: There is no one-size-fits-all solution—tailoring amenities to tenant demographics, building locations and occupier needs is essential. 🚉Commute-worthy amenities: As noted by Katie Rodrigues, amenities should be people-centred and reflective of occupiers' needs, with flexibility in design. People commute to collaborate therefore amenities must serve this purpose. Flexible amenity spaces: Rigid, fixed wellness spaces such as a massage room underperform compared to flexible, curated amenity spaces. 📅 Meeting & Event Spaces: Large, purpose-driven meeting/event spaces with excellent AV equipment are highly valuable to occupiers, especially when they fulfil needs that tenant spaces cannot accommodate. Synergy with Occupiers' own services: Landlords should consult with occupiers to ensure amenities complement, rather than compete with, tenant-provided services. 📲Technology: Should be used, but not solely relied upon. It can provide insights on experience, utilisation, and sustainability. Hotel-Style Experience: There is a movement emerging in the Property Management sector aiming to bring a high-end hotel feel to the office space through curated amenities and services – this has been a key ambition of Welcome since it was established. 💡 Predictions & Future Trends: Customised event programmes, Community Managers such as Cassie Iles' role within the Welcome team, and data-informed decision-making will shape future amenities. However, the basics will continue to be a priority before amenities can make an impact.   Thank you to Tyler Kethcart, Katie Rodrigues and Courtney Fain for their insights. You can access the recording of the Webinar below.