Jonathan Nehmer + Associates and HVS Design have released the 2025 Hotel Cost Estimating Guide, a listing of capital expenditure construction and furniture, fixtures and equipment costs for hotel renovations.
Now in its 17th year, the 2025 Hotel Cost Estimating Guide evaluates costs in a variety of hotel tiers including economy, extended stay, midscale, upscale, upper-upscale and luxury. Within each tier, costs are separated into the categories of guestrooms, guest bathrooms, guestroom corridors, public spaces, food & beverage outlets, function spaces, guest amenities, infrastructure and common additives.
“We are delighted to be able to continue to produce and share the Hotel Cost Estimating Guide,” Warren G. Feldman, CEO of Nehmer, said in a statement. “For 17 years, the Hotel Cost Estimating Guide has become a valued industry resource to consult when renovating a hotel. We frequently hear from developers, brands, and asset managers that we are their go-to resource for initial budgeting. With the help of our esteemed contributors, our costs reflect current market factors to provide guidance in planning for your hotel renovation.”
The following firms contributed unit cost data to the 2025 Hotel Cost Estimating Guide: Benjamin West, Ironstar Construction, POK Construction, Reliance Construction Co. and Zerr Enterprises.
The Hotel Cost Estimating Guide is available as a complimentary download at www.hotelcostestimatingguide.com.