is your FF&E and OS&E budget?
On a typical hotel development project our research shows
that up to 16% of the total budget for construction can account
for FF&E and OS&E procurement. Hotel developers overlook
the FF&E and OS&E budgets or sometimes refuse to factor
this into their development cost schedules. Developers should
have a clear definition of FF&E and OS&E requirements as
specified by the hotel operator within their minimum operating
and brand standards.
ANALYSIS SHOULD BE CARRIED OUT AS TO WHAT IS TO BE INCLUDED/EXCLUDED
IN THE FF&E AND OS&E PACKAGE, AND FOREMOST IMPORTANTANCE
AT WHAT COST?