May 10, 2018
Hospitality is Turning to Modular to Solve Their Room Challenge
Today’s modular construction industry is not the same as it was 20 years ago. Back then, when you’d hear the word “modular” or “pre-fab”, you would tend to think of bland, non-descript buildings that would resemble something you’d see at a construction job site. Those days are long gone – today’s modular buildings are beautiful – even architects are beginning to embrace this safer, quicker to market alternative than traditional stick construction.
In 2015, the amount of available hotel rooms in the U.S. surpassed five million – which still lagged overall demand. To keep up with the demand, developers are looking at the solutions offered by the modular construction industry that they might have ignored several years ago. Since modular is no longer seen as bland, hospitality companies can count on beautiful structures – visitors to the hotel will have no idea they are in a structure that was built “offsite” (nor will they mind).
While costs of traditional construction vs modular construction end up being almost identical, the real game changer for the hospitality industry is time to market. Hotels that are constructed using modular has a reduced schedule by, on average, a third. That means, developers can start making income on their property faster than before. Think of it as early check-in to your room – it’s nice to know that you can check in early with modular construction!
The new challenge for the hospitality industry and modular construction is height. Z Modular has solved that problem with our steel-framed modular construction system. Contact us today to learn why we are The Only Way To Build.
Sources:
Hotel developers turn to modular construction to meet demand
Hospitality embracing modular construction to counter rising costs, gain better quality
How to shorten your time to market with modular construction