Constructing Northeast Florida:
The Compass Group Blog
Ensuring Fire Safety: Understanding Fire Safety Notices and Total Fire Protection
By Compass Group on Aug 21, 2023
Fire safety is a crucial aspect of building
management and the protection of human lives. In any environment, whether it's a residential complex, commercial building, or public facility, the implementation of effective fire safety measures is paramount. One essential
component of fire safety is the proper display and understanding of fire safety notices. In this blog post, we will delve into the significance of fire safety notices and explore the concept of Total Fire Protection (TFP) as a comprehensive approach to safeguarding against fire hazards.
Topics: safety
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The 5 most important ladder safety laws
By Compass Group on Oct 19, 2022
Safety should be top priority for everyone
in the construction industry. Understanding ladder safety laws can save lives on construction sites.
OSHA has stairway and ladder safety standards in place to prevent injuries on the job site. While there are many ladder regulations OSHA lists, here are the top five that you should always keep in mind to ensure a safe working environment
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Topics: regulations
By Compass Group on Jul 27, 2021
The construction industry’s version of “appearances can be deceiving.” A piece of land can appear beautiful and ready to go, but what’s below the surface determines whether you start digging or looking elsewhere to build.
In order to find out the condition of the land, you need to complete a site assessment. Regardless if it’s required for the permit process or not, site evaluations are valuable because they make you aware of situations that could lead to unexpected and costly complications in the future.
Topics: regulations, residential construction, commercial construction
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By Compass Group on Sep 2, 2022
If you’ve been delaying your franchise hotel
improvement plan, it’s time to roll up your sleeves.
With visitors’ plans shuttered amid travel restrictions,
the hotel industry was devastated in the initial months
of the COVID-19 pandemic. With reduced occupancy
came reduced income and cash flow, ultimately allowing
for approved delays in property improvements, as owners may have used allotted Property Improvement Plan funds for working capital or simply had less funding available to contribute to them. Some hotel brands were gracious with their franchisees during this period. According to Hotel Management,
hotel chains offered PIP deferrals of 12-18 months, and in some cases,
as long as 24 months.
By Compass Group on Aug 1, 2022
With many COVID-19 travel restrictions in
the rearview mirror, travelers are eager to
make up for lost time and enjoy new
experiences. Factor in the fading popularity
of Airbnbs, and the hotel industry has a
golden opportunity to capture new, eager
tourists with exciting and authentic properties.
After you’ve solidified the idea, researched the market, and developed your hotel business plan, you need to bring your hotel idea to life. And that takes capital. After all, the national average cost (according to Fixr) to build a hotel ranges from $13 million to $32 million. At the low end, you can build a motel for $7.5 million, while luxury five-star hotels can cost more than $60 million.
By Compass Group on Jun 16, 2022
A decade ago, Airbnb disrupted the tourism
industry, offering an alternative to hotel rooms
when visiting other places. Travelers loved the
concept of staying in a home and the flexibility
Airbnbs provide. But, Airbnb’s glory days are over,
it seems, as users are waking up to issues that can
arise with these vacation rental sites – dirty accommodations, high fees, controlling hosts, and even safety. The backlash against Airbnb has been widespread, with viral TikToks putting issues on full display for the world.
By Compass Group on Aug 24, 2021
What’s Next for Hotels: 4 Top Trends
Necessity may still be the mother of invention - but the shared experience of a global pandemic has accelerated invention’s implementation across the hotel landscape. “Much of what is top of mind now, like contactless technology, was already something we had well underway, but now it’s getting in market faster,” according to Brian Flick, vice president of operations for Compass Group, which saw the recent opening of a pioneering dual-brand Marriott project on Amelia Island, Florida.
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