Hotel Management Beware: The Last Man Standing Could Be the Loser
ORLANDO, Fla., June 25, 2014 /PRNewswire/ — Liberty Building Forensics Group® (Liberty), a leading building forensics firm that has solved some of the world’s largest and most complex building moisture and mold problems, now provides hotel management firms with building assessments and remediation plans to mitigate risk involved in a transfer of ownership.
Certain trigger events put hotel management at greater risk. Major rehab work, storms, lease renewals, changes in management contracts, or sale of ownership usually require an extensive building evaluation, leading to increased risk that underlying problematic issues (like mold or moisture) will surface.
Hotel management firms operate under tremendous pressure to avoid letting building-related issues impact profitability. If a problem is discovered, it’s often contained rather than addressed. Putting off remediation ensures that the problem will resurface during a trigger event, usually in a more costly and dramatic manner.
The average building age of many U.S. hotels is 25 or 30 years.
“This means the statute of limitations for original designers and contractors is long gone,” explained Liberty Vice President George DuBose. “As a result, the last recourse for hotel ownership seeking recovery of funds ends up being the hotel management firm and their liability insurance – even if the root problem actually originated with a fundamental design or construction flaw. Ultimately, hotel management firms are held responsible if they haven’t taken steps to protect themselves.”
If you suspect your hotel may have an underlying mold or moisture-related problem and you anticipate a transition in management or sale of ownership in the near future, contact a building forensics firm like Liberty for an assessment or remediation plan that helps minimize your risk and exposure.
A recognized leader in helping clients design and construct complex, sustainable green buildings, Liberty proactively addresses possible failures of those same projects. We believe proactive problem avoidance is always the best approach.
The Liberty staff has a combined 200 years of experience in solving construction and design deficiencies, including over 30 years consulting with Walt Disney Corporation on more than 500 highly complex construction projects worldwide. Internationally, the firm brings the expertise and knowledge of over 1,000 projects (across the United States, Canada, the Caribbean, Europe, and Asia) to meet your needs in commercial properties. Visit us at www.libertybuilding.com.
SOURCE Liberty Building Forensics Group