Providence, Rhode Island (PRWEB) March 7, 2007
Providence, Rhode Island hotel gains ground on the competition by adding cutting-edge style, modern sophistication to Grande Dame Hotel in the heart of the city.
If every hotel developer had unlimited time and money, then all upscale hotels would be picture-perfect, providing unparalleled service, and no amenity or guest offering would be lacking. But this is the real world of strategic choices and limited budgets - where it is frequently assumed that once a hotel has reached a certain duration in its market, the changes that will have the greatest impact on bottom line, are associated with physical structure on the one hand, or brand affiliation, on the other.
The Providence Biltmore, in Providence, Rhode Island, improved RevPAR, occupancy as well as impact in the meetings market, by making "style" produce substance. Here is how.
Reinventing a Classic: "Old" Need Not Mean "Tired"
In June, 2004, a renovation process was begun at the Biltmore, whose footprint and physical infrastructure were basically unchanged from the hotel's opening, close to eighty years earlier. Because no significant physical work was necessary, the owners were left free to focus on the guest experience, updating a local classic to meet the evolving tastes of a new generation of travelers. Spas are "hot," so an Elizabeth Arden Red Door Spa was added. Upscale, trendy culinary offerings are essential - so a Starbucks and a McCormick & Schmick's Restaurant were opened. Next follwed a comprehensive guest service review that made sure management understood the needs of all target markets, and the offerings that would meet and exceed them.
It's Good to Have a King (or Two) . . .
One thing the research revealed, is that to be Number One in the market,the hotel had to maintain its standing as a cherished and traditional local meeting place, while delivering the latest and greatest amenities - and also, something of the "wow" factor. For the former, all 289 guest rooms were carefully refurbished, as were guest corridors.
A new color scheme and style of soft goods was implemented within guest rooms, which respected the integrity of classic elegance, but included colors of soft taupe, browns and blacks, complimented by dramatic lines, comfortable but stylish furniture, and a sense of welcoming warmth that nevertheless has an "edge." In addition, in all junior suites and premium suites, 42-inch plasma televisions were added.
Each and every room now has a king bed. And, in a tip of the cap to the dramatic and "over-the-top, " many rooms now have two king beds . . . an innovation that has become one of the property's new signatures. This signature innovation, as well as the overall project scheme and implementation, were accomplished together with the Biltmore's architect and interior designer, DiGuiseppe International Hotel & Resort Design (http://www.diguiseppe.com), based in Manhattan.
From Middle- of -the Pack, to the Top
The cost of the renovation project was about $14,000,000. It was an investment in style and experience as much as anything else. Neither the hotel's physical structure, nor its classic brand image, were significantly altered. What changed dramatically was the hotel's standing in its competitive set, and its ability to drive rate while providing a unique guest experience.
Bringing together the historic ambiance of a classic hotel and the modern touches of "Manhattan style," the property registered a more than 20% increase in occupancy, after the renovation. In the same period, average rate jumped more than 12%.
And remember those double-kind beds? Their main purpose was to compete with double/doubles offered in the meetings market. In this space alone, the Biltmore picked up 22 points of REVPAR index in a very short time.
Finally, the property found itself taking high-end leisure travel and discerning group business, away from its high-end brand competitors, of which there are many in the Providence. In doing so, it became a valued and representative addition to Grand Heritage Hotels International, its owner and along with DiGuiseppe, the brain trust behind the renovation project.
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