Though renovating can cost a pretty penny, it can provide significant returns when it comes time to sell your hotel, especially if you do it right. It is definitely one of the best investments for your business that will have its returns in the long run.
Certain renovations are a win-win situation, providing more comfort to your guests, positive feedback for your hotel and more revenue in the long run. According to real estate agents, bathroom renovations can be one of the best investments for your property. In fact, studies show that its remodeling and upgrade can give you 100-102.2% return of investment—which is the highest among renovations.
Here are some tips hotel owners might want to consider before starting to remodel, renovate and upgrade their hotel bathrooms: