This year has been a year of adapting and changing like we haven’t seen in a long time. Any construction or renovation project relies on efficiency and a tight schedule. Currently, we are not seeing major bottlenecks with FF&E production itself, but rather with shipping and freight timelines. The supply is still outweighing the demand, so the issue isn’t with FF&E or OS&E supplies and manufacturing anymore, but with actually getting those materials to the hotel site. So what is happening in freight and logistics world right now? Well, let’s start by taking a brief look at how we got to this point from that point of view.
We have all seen the articles: how will travel be different, what could the future of hospitality design be, how will staying in a hotel be affected by COVID-19? We have seen the change and speculations about mobile check-ins, stricter deep cleaning guidelines, and more hands-free situations.
But what about purchasing? How will FF&E procurement be different due to the changing standards and regulations from the effects of COVID-19? Well the short answer is that it won’t really.
Our collaborative approach is mostly virtual by nature, due to the locations of each team involved. While our normal ways of doing business don’t need to adjust very much at all, there are a few ways it might look a bit different from the industry side and how it is approached.
Whether it’s through hiring interior designer agencies, asset management teams, project management teams, or purchasing firms, the hospitality industry thrives on outsourcing to consulting firms. And why shouldn’t it? Outsourcing is one of the many ways that companies survived through 2008 and found it to be an efficient practice even in a normal economy. While it’s an option many companies choose throughout the years, hiring an outside consultant or contractor company is especially helpful when revenue streams are down.
We’re going to look at a few of the key benefits of outsourcing important, but secondary tasks that support your business, and some of them are especially key for businesses right now.
First and foremost, our concern is for our clients, and everyone in this great, big, beautiful industry. Seeing the strength that is being demonstrated in spite of hard times shows that our industry has always been and will always be about people first.
The hospitality industry is resilient, and strong. At some point, travel and tourism will return, and we will be there for it when it does. Things are changing on a daily basis, so keeping long term goals in mind can help with the constant changes and focus on the future. Every day is a new day, and one day closer to when we are all back to normal again.
History has shown time and time again just how resilient this industry is. While it is being widely and significantly impacted, we know that it will bounce back. We may not know when, but it will. Today, we want to direct our thoughts to that point, and have a thought experiment on some impacts this could have. What will the industry look like when it does bounce back as far as commonalities and standards of business?
Every year brings another year of growth and new connections. 2019 has been a huge year for us, and as we reflect back on all the experiences, projects, and opportunities, we want to take a second to thank each and every one of you for being a part of this year with us.