- Location: Albuquerque, NM
- Status: In Process
- Size: 72,500 Sq Ft
- Scope of Work: Exterior/Interior Facelift, Lobby, All Public Areas, Guest Rooms, Bathrooms, Pool, Porte-Cochére
- Hotel Link: Holiday Inn Express, Albuquerque, NM
- Budget: $2.75 Million
Holiday Inn Express Alburquerque, NM
Revenue True
FHG’s 1 more IHG hotel going under major Formula Blue renovation in major Metro Airport Location.
Overview
- The exterior and architectural elements went through an extensive renovation to meet the brand requirements for Formula Blue.
- The 6-story hotel was renovated in 2 months with various teams working collectively for a fast turnaround. All rooms, hallways and public areas were renovated and upgraded from the previous interior designs. Along with the hotel, the parking lot went through an overlay.
- Holiday Inn Express is undergoing a major renovation estimated cost $2.5M to convert the property to New Formula Blue theme.
- This is a unique property as it was not built as a Holiday Inn there is a lot of modifications that will need to be made in Rooms & Public area.
- We have completed the 1st phase, the 2nd phase is in the initiation process. There will be 3-4 phases and expected to be completed by End of March 2019.
- Numbers/Budgeted & Variances: Phase 1- Exterior Paint, Landscaping & parking Lot completed 10-12% under budget & under scheduled time by well-synchronized planning.
- Time frames: Completed before the anticipated time.
- Room Revenue being impacted: NO room revenue been Impacted.
- Challenges: We had to complete the exterior phase before October Balloon Fiesta Which is the busiest week for the area. Our team did a great job by completing 1 week prior and leaves plenty of time for New Parking lot to cure for heavy traffic.