Hotel

The construction costs associated with hotel projects are remarkably uniform across Europe. This is largely due to the fact that the hotel industry has agreed on common standards; the star and grading systems are widely utilized throughout most European countries. Furthermore, the presence of numerous large hotel chains in Europe means that construction costs for hotel projects can easily be correlated with the styles and traditions unique to each chain. This in turn allows for easier and more realistic cost comparisons between countries.

Lastly, because room sizes and star classifications fall within a relatively narrow bandwidth, related cost information such as FF&E and refurbishment are available for all models.