Costs of ownership for commercial hotel room furniture can often add up to a less than positive return on investment. The cost of ownership of your hospitality furniture involves more than the purchase price. The total cost of commercial furniture ownership may end up being more expensive than you originally anticipated. The savings you think you found from a low-cost provider may end up costing you more in the long run if you do not take certain factors into consideration. To reduce the costs of ownership of hotel guest room furniture, consider the long-term quality of the product and how long you will need it.

The Real Costs of Hotel Furniture Ownership

The product offered from low-cost providers can perform well for a few years but then the normal wear and tear really begins to show, and your maintenance costs begin to climb. If one or two rooms are off-line due to product failure, the revenue losses begin piling up quickly. The costs of replacing one or two rooms of hotel furniture are substantially more expensive on a per room basis and can take longer than you can afford. Lastly, no hotel wants a social media review that highlights the poor condition of the room furniture. Hotels that opt for low-cost product usually find themselves with higher maintenance costs and lower average daily rates as a result of poor room furniture conditions.

Your guestroom furniture needs to last a long time in order to maximize your return. Choosing commercial furniture with at least a 10-year warranty protects against poor workmanship or material failure, thus eliminating unnecessary replacement and refinishing costs. If the average hotel guestroom renovation occurs every 5-7 years or more, being covered by a longer warranty makes better financial sense and reduces your cost of ownership.

In the current economic environment, making wise investments that maximize your ROI and reduce costs is important. Reduce your guest room furniture costs of ownership by purchasing durable, well-made pieces from the beginning. Furniture with a 10-year warranty will typically last at least that long, or longer, which minimizes the cost of replacement and maintenance. Purchasing durable, high-quality hotel furniture from the very beginning ends up reducing your cost of ownership during the lifetime of both the furniture and your company.

Northland Furniture manufactures high-quality, durable furniture designed to reduce hotel guestroom furniture costs of ownership. Contact us for more information about our customizable hotel room furniture options available with a 10-year warranty.