Innspace

Atlanta, see you soon. From March 18-20, Innspace will be in Atlanta for the Hunter Hotel Investment Conference, joining over 2,000 hospitality professionals to connect, learn, and discuss the future of hotel development and investment. As a leader in hotel renovations, we’re excited to share how our streamlined approach helps owners and developers maximize value, minimize risk, and create exceptional guest experiences. #HotelInvestment #InnspaceDifferent #HunterHotelInvestment

Imagine never having a change order again… Sounds too good to be true? At Innspace, we make it a reality. Our proven discovery workshops and benchmarking process streamlines hotel renovations from start to finish, eliminating surprises, minimizing delays, and keeping projects on budget. With expert planning, clear communication, and a deep understanding of hospitality renovations, we ensure a smooth, stress-free experience so you can focus on what matters most: delivering an exceptional guest experience. #InnspaceDifference #HotelRenovation #LuxuryHospitality

On March 18, the Innspace team will be at the Denver Hospitality, Mixed-Use & Retail Summit, where industry leaders will explore how local trends and market insights are shaping development, investment, and community impact in the Mile High City. We’re excited to connect and share how strategic renovations can enhance hotel value, guest experience, and market positioning in today’s evolving landscape. Planning to attend? Let’s chat! #DenverHospitality #InnspaceDifference

We’re excited to announce that Innspace will be attending the GF Hotels & Resorts 12th Annual Hotel Forum on March 10-11, 2025! This event brings together industry leaders to discuss the latest trends, challenges, and innovations shaping hospitality. We look forward to connecting, sharing insights, and exploring opportunities to elevate hotel design and development. #InnspaceDifference #Hospitality #GFHotels

Innspace was thrilled to attend BITAC Luxury 2025 at the beautiful Fairmont Grand Del Mar, where industry leaders came together to explore the future of luxury hospitality. One standout session was a thought-provoking panel exploring the evolving relationship between technology and design in hospitality. Key insights included: ?? Seamless tech that enhances—not disrupts—the guest experience ?? Balancing cutting-edge innovation with long-term adaptability ?? AI’s growing role in personalized guest services ?? Designing for all generations, from tech-savvy travelers to low-tech guests As technology evolves, the future of luxury hospitality will be more intuitive, personalized, and human-centered than ever. Thanks to BITAC Luxury and all the speakers for the valuable insights! #BITACLuxury #LuxuryHospitality #HotelDesign

This February 23-25, Innspace has been invited to attend BITAC Luxury in San Diego, where industry leaders in the luxury lodging market come together to redefine excellence. We're looking forward to connecting with top decision-makers and product innovators that are the shaping the future of luxury hospitality. #BITAC #Innspace #LuxuryHospitality

Another incredible year at ALIS, where industry leaders came together to discuss hotel investment, transaction trends, and the evolving landscape of renovations. Here’s what stood out... ?? Bridging the Buyer-Seller Gap: A recurring challenge brokers mentioned is the disconnect between what sellers estimate for renovation costs and what buyers anticipate. Since these costs directly impact a hotel’s valuation, having an accurate, market-informed assessment is crucial. Our third-party PIP Analysis budgets provide a comprehensive, unbiased perspective to eliminate the guesswork and help both parties align on realistic expectations. ?? Hotel Transactions and Investment Outlook for 2025: Larger deal sizes are expected, shifting focus to full-service hotel sales after years of emphasis on limited/select-service assets. Distressed assets are predicted to trade more frequently as the market normalizes. Owners facing brand-mandated renovations for 10–15-year-old properties may list their hotels rather than invest in costly upgrades. Extended-stay hotels and properties under 10 years old continue to attract buyer interest, as they often require fewer major capital expenditures. ?? Market Trends and Capital Flow: Buyer-seller pricing gaps are narrowing, with cap rates hovering in the low 8s. Buyers are expecting cap rates in the 8.5% to 9.5% range, while sellers anticipate lower figures, finding common ground will be key in the coming months. Sun Belt markets remain strong, but San Francisco is gaining investor interest as recovery trends improve. Meanwhile, San Diego was frequently cited as the most attractive California market. Houston led the nation in RevPAR growth (+15.1% in 2024), benefiting from the simultaneous renovation of competing convention centers in Dallas, Austin, and Fort Worth. ?? The Evolving Approach to PIPs & Renovations: Not all renovations are PIPs, but every PIP is a renovation. Understanding this distinction is crucial in planning capital improvements. PIPs aren’t always about increasing rates, they help protect against rate reductions and maintain brand integrity. Guest experience should be the driving force behind renovation decisions—involving ownership early in the process leads to more meaningful updates. A lifecycle renovation approach is becoming more important. Rather than waiting until a PIP is due, hotels should stagger renovations to better manage costs and operational impact. ?? Big Takeaway: 2025 is shaping up to be a year of renewed deal activity, capital investment, and strategic renovations. As hotel transaction volume increases and PIPs gain more attention, having a clear and data-driven renovation plan will be more important than ever. What are your thoughts on these trends? Let’s discuss! #ALIS2025 #HotelInvestment #Innspace

Accountability is a critical yet often overlooked aspect of renovation projects. At Innspace, we serve as your single point of accountability throughout your hotel renovation, ensuring every team member operates at the highest standards and stays in sync. With this approach, we can guarantee cost and schedule assurance while effectively mitigating risk. #InnspaceDifference #OneContractOneContact #HospitalityRenovation

CBRE estimates that 94% of hotel investors are planning to maintain or expand hotel portfolios this year. With this positive economic outlook, it’s vital for hotel investors and owners to have the right renovation partner in place.? ? Innspace specializes in holistic and detailed strategies, backed by extensive hotel renovation expertise. Our?fully-connected approach allows us to?de-risk your investment and take full accountability for your project, from detailed pre-sale services for brokers, through every step of construction, design, procurement?and logistics?for owners and brands. Let us show you how we can provide cost assurance, schedule assurance and risk mitigation for your hotel renovations.

Large renovations feeling overwhelming? We’re here to help! At Innspace, we’ve collaborated with leading hospitality brands like Hilton to deliver projects that exceed industry standards and regulations. Our streamlined approach ensures a seamless, stress-free renovation experience tailored to each client’s needs. Let’s discuss how we can bring your next project to life. Visit our website to connect with us today! #InnspaceDifference #HotelRenovation #HospitalityExcellence