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Are Your Hotel General Contractors Checked In or Out?

HardHatChat

We thought it might be a good time to check-in on the performance of the hotel industry and hospitality construction trends. Luxury stand-alone hotels in large urban areas, mid-market hotels geared toward business travelers and budget stay family friendly hotels have all helped boost the commercial construction industry this year.

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Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

While many businesspeople swear by hard work and technical proficiency as the key ingredients of success, within the construction industry, there is a broader understanding that success is built on more than just structural expertise and hard work.

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Combating the Labor Shortage With the 6 Pillars of Construction Workforce Management

Construction Business Owner

Join us for a webinar to unlock key insights into the six pillars of proper workforce management: communication; scheduling; data management; people management; forecasting; and actuals and analytics. Brian Witt oversees strategic initiatives with industry and technical partners at LaborChart. Brian Witt. Gary Fuchs.

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100+ Construction Industry Statistics

Autodesk Construction Cloud

Construction industry statistics and data are playing an increasingly important role in the building sector. From measuring bid-to-win ratio, to how much a project is over budget or schedule, and KPIs , the more numbers you can put behind your work, the better. Undoubtedly, the construction industry is very complex.

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Improve Cash Flow Forecasting with Autodesk Construction Cloud

Autodesk Construction Cloud

Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. The challenge with forecasting is that it’s often a time-consuming process making sense of scattered data , various spreadsheets, and multiple disconnected processes or systems.

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Top 10 Contractor Mistakes

Viewpoint Construction Technology

Staying proactive during projects by recognizing pitfalls and taking appropriate steps to avoid them limits accidents, ensures budgets and timelines remain on schedule and creates a more positive work environment. But they also know that working smart helps limit issues.

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Best Practices for Financial Management in Construction Projects

Building Radar

Effective financial management in construction projects is crucial for ensuring profitability and sustainability in a highly competitive industry. Utilizing financial planning in the construction industry helps in forecasting and mitigating risks. It involves estimating all costs and setting financial targets.