Tag Archives: project budget

Amid Hotel Boom, Rising Costs of Renovation Make Savings Hard to Find…..Unless You Have a Good Project Manager

0 CommentsBy

Dec 21, 2015

By: Ryan Mathews, Marketing Manager, JLL

Owners of hotel properties in the San Francisco Bay Area face a conundrum:  the economy, buoyed by tech sector expansion, is pushing hotel occupancy and average daily room rates higher.  A study this summer conducted by Bloomberg showed that average room rates in San Francisco had leaped by 88 percent to $397 a night, making it the priciest destination among the world’s top financial centers. … Read More