Tag: PIP
Access Point Financial Unveils PIP Renovation Program
Access Point Financial (APF) announced the launch of its PIP Renovation Program designed to support hotel owners in meeting franchisor-mandated improvements and refreshing their...
PIPs in Perspective: Costlier Projects Negatively Affecting Economy Sector
Property improvement plans, or PIPs in industry parlance, can be a sore spot in the relationship between franchisors and franchisees. While auspiciously meant to...
Repositioning for Recovery: Deciding Factors When Determining a Hotel Brand or Flag Change
COVID-19 has created a myriad of troubles for hotel owners—and sometimes trouble means opportunity. As the industry slowly rebounds, savvy owners may see this...
When Upgrading Properties, Don’t Sleep on Tech
Lost in the trend of upgrading economy hotels to fancier brands and garden-variety improvement projects to keep pace with evolving brand standards are upgrades...
Standard Upgrade: Smart Advice for Tackling Your Next PIP
There’s no shortage of scenarios in which hoteliers need to secure financing for property enhancements. Whether transforming a hotel from economy to upscale, refreshing...