What Are The Advantages Of A Turnkey Project?
When it comes to designing and installing your hotel's interiors, there are two main options: Turnkey and Design-Bid-Build (DBB).
The one you choose will depend on many factors, including how much you want to be involved, how much time and resources you have, and what has or hasn't worked for you in the past.
With the turnkey model, one organization oversees more parts of your project and takes on more responsibility. Under the DBB model, you as the project owner would be the main contact for all those parts, and maintain most of the responsibility. Phases of a turnkey project can overlap, whereas phases of a DBB project are usually carried out separately. DBB requires that you work closely and coordinate with every vendor and contractor, or hire a third party to do so, something that you won’t necessarily have to do if you opt for a turnkey solution.
With our expertise in turnkey projects, at Lang & Schwander we can provide you with the guidance and support that your project needs. In today’s blog post, we'll discuss the benefits of a turnkey project over other industry methods.
What is a turnkey project?
A turnkey project provides you with an all-in-one solution for developing and delivering a project from its beginning to its end. Turnkey projects include planning, concept and design, production, installation, and quality control - all handled by a single provider. Essentially you purchase a comprehensive package and then you receive a complete, fully functional end product.
Would this solution be a good fit for your project? Deciding if a turnkey solution is right for you might depend on the level of involvement you would like to have. If you want to keep track of and manage multiple vendors and the workflows, then the DBB model might be a better option for you. If you’d rather give that work to someone more experienced with the intricacies of the interiors and have less on your to-do list, let’s talk about setting up your turnkey project.
Three Benefits Of A Turnkey Project
Time savings, a more efficient process, and a lower likelihood of complications are just a few of the benefits of a turnkey project. When it comes to hospitality interior services, there are many reasons to consider this method. This is especially true if you have a small, internal structure and less resources to dedicate to project management.
Each project we take on is overseen by our skilled and experienced hospitality designers and project managers, starting with the design phase and continuing all the way through to installation and handover of the project. Bringing us on board early on can save you the hassle of dealing with the many complexities that come with a hotel project and give you the confidence that it will be completed to the highest standards.
Streamlined project management
A big advantage of a turnkey project is its centralized management structure, under which multiple operations are managed by one organization. This means that throughout the process, you won't have to resolve every problem yourself. In the event of any concerns, we’ll work to take care of them first before getting you involved. This also eliminates the potential for finger-pointing, which is a very unpleasant and unproductive occurrence that you may have dealt with in the past. Plus, over the last 15+ years, we’ve already seen every mistake or project pitfall - we won’t let these things happen to you.
In a turnkey project, we are able to streamline many of the steps and activities of the interiors process, and you won't have to coordinate as much. Having that single point of contact can ultimately save you hours of time and make everything run a lot smoother.
Increased efficiency through collaboration
On turnkey projects, we collaborate together with all parties, including the Brands (if there is one), Architects, General Contractors, and other consultants. We help with things like field verifications and coordinating MEP’s, and we know how to look for any potential scope gaps. Think of us as an extension of your team.
This integrated way of working means that we're more likely to identify any potential problems sooner rather than later and promptly address them. With everyone in sync, your project can be completed faster, costs can be better controlled, and quality can be better maintained.
More accurate timelines and budgets
By having L&S coordinate the Interior Design and FF&E for your project, you can expect better predictability and use of resources when it comes to planning and execution. In turn, this results in a more accurate cost estimate and timeline.
Let’s take the FF&E design for example. While our Interior Designers are designing the FF&E for your project, they are working with one of our FF&E specialists as part of our “Buddy System”, to get continual feedback on material selections, costs, and operational implications. With our turnkey approach, you will not be caught off guard with a design package that looks great but is completely unaffordable or impractical. We leverage our FF&E manufacturing expertise when we Design, and our Interior Design expertise when we engineer and manufacture FF&E.
Find Out How We Can Help You With FF&E
Our turnkey packages include the design, FF&E production, shipping, and installation of guestrooms and common areas. Thanks to our experienced team members and our reliable partners, we provide top-of-the-line FF&E, exceptional service, and timely delivery.
At Lang & Schwander, we’ve been furnishing hotel interiors in the US, Caribbean, and Latin America for over 15 years. For both branded and independent hotels, we offer a full-service interior design studio, FF&E production and logistics services, and an in-house installation crew.