Project Managment

The Client

Spanish based Hotel owner/operator with world-wide experience in the travel industry.

Situation

The Company had purchased a completed hotel which had never opened. PTC worked with known investors ensuring that sufficient equity was available to satisfy the Spanish financial institutions. Following extensive negotiations with the Banks and creditors of the company it needed to open the facility as promptly as possible; however, owing to the delay between completion of construction and the intended opening there were considerable remedial works to be carried out.

Implications

The project timeline had been compressed, the availability of local contractors presented problems, no interior designs had been carried out, and several architectural and building regulatory issues remained unsolved.

Needs

The Client required a cost effective design and project management team to work closely with the nominated on-site management to quickly establish the priorities with the local authorities and the financiers to ensure that the Hotel opened on time.

Solution

PTC commenced by creating a co-coordinated five month project programme which required the on-site appointment of a PTC project manager and a PTC nominated architect. PTC then assisted the Client in all the negotiations with the interior designers using its skills in hotel development from its work in Europe and North America. Once the interior design and architectural changes had been approved PTC recommended a supplier who would offer vendor financing and developed an on-time delivery programme to ensure speedy installation once furniture, fixtures and equipment arrived on site. The hotel commenced trading on the targeted opening day.