You’ve probably not realized it, but you have most likely walked through a modular building before. Nowadays many well-known developers are going ga-ga for modular buildings, incorporating elements and even entire units into their new designs. For example, Hilton’s popular imprint DoubleTree began using prefabricated modular elements in their Tallahassee location in order to increase value for guests while keeping costs down. If it worked for Hilton, can it work for you? The answer is: absolutely!
The hospitality and tourism industry has long been an intriguing prospect for investors, as the return on investment can be quite lucrative when compared to other markets. However, larger hotels (essentially for recouping investment quickly) can over a year to complete using traditional methods. That’s why so many companies have embraced modular in recent years: modular buildings can be constructed in up to half the time, utilizing building and installation methods which increase efficiency and minimize waste, further improving investors’ bottom line.
Xanterra Parks and Resorts came across a major obstacle in building their new Canyon Lodge & Cabins – namely, the weather. Heavy snow and freezing temperatures make construction impossible for several months out of the year. After turning to modular, developers were able to budget the entire project for $70 million, and reduce the time to occupancy from 3-5 years to just 6 months.
Running short on time? You can double down on modular buildings by taking advantage of Advanced Modular Space’s extensive inventory of pre-owned modular buildings, each inspected and ready to be fully customized for your business’ unique needs and branding!
Don’t let a lack of real estate stop you from taking your business to the next level. Advanced Modular can get you into a fully outfitted pre-owned modular building in record time. Pop-up event space? Modular hotel? Anything’s possible when you work with modular! Fill out our contact form to get started today!
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