Tough Times Call for Creative Construction Solutions

All of Eggrock’s customers are experiencing a much tougher funding environment in which to get their projects off the ground. The irony is that these times can be a good opportunity to build a hotel because construction costs are more competitive.

Today we are seeing our customers providing much higher levels of equity than ever before. We recently had a customer that was forced to provide over 60% equity on their project. Eggrock can’t help you get your project financed but we certainly can help get your equity producing revenue much faster. Using Eggrock bathrooms can reduce schedule by two months which translates into less general conditions, interest expense, and faster “heads on beds.”

Workmanship quality is even more important during these times as hotel operators compete for fewer customers. Most hotel bathrooms are, quite frankly, poorly constructed. We constantly receive photos from friends and colleagues of hotel bathrooms they experience while they travel. Most of them include a note saying, “They should have used Eggrock!”