Reimagining Space: How Hotels Are Turning Underutilized Areas Into Revenue, Relevance, and Guest Value
🏨 Hotels worldwide are transforming underutilized spaces like rooftops and meeting rooms into multi-functional areas, boosting revenue and guest experience. By 2025, 300,000 to 400,000 U.S. hotel rooms will be renovated. Notable projects include Waldorf Astoria's $2 billion NYC redevelopment and Great Wolf Lodge's $40 million California upgrade. Trends emphasize sustainability, technology, and adaptive reuse, with smaller investments like patio refreshes yielding high returns. Revamped spaces enhance occupancy and guest satisfaction, complying with brand standards.
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