Of course, you want to create the ultimate environment for your hotel guests. However, you don’t need to break the bank to do so. This guide offers tips to help you purchase the hotel furnishings, fixtures, and equipment (FF&E) you need to deliver the ultimate guest experience at an affordable price.
Plan Ahead
The first step toward saving money on hotel furnishing procurement is to allow yourself enough time to plan ahead. Give yourself the space to develop a clear vision of your design concept, layout, budget, and timeline. Planning helps avoid rush orders, last-minute changes, and inflated shipping costs. It also allows you to compare suppliers, FF&E options, and expenses. Planning will also help you avoid mistakes that can significantly inflate your budget, such as ordering the wrong size, number, color, or type of furnishing.
Planning also allows you to partner more effectively with a hotel furnishings procurement company like The Stroud Group, which can help you explore your options for finding top-quality materials at prices you can afford.
Negotiate With Suppliers
Another way to save money on hotel furnishing procurement is to make it a point to negotiate with suppliers. This means finding reputable vendors willing to work with you to deliver items at competitive prices, discounts, and warranties.
Negotiating with vendors will allow you to get the best value for your money. It can also help build trust, which could lead to long-term relationships. Some things you can negotiate with suppliers over are bulk discounts, free delivery, installation, maintenance services, and flexible payment terms.
Tip: Use your network and ask for referrals to find the best deals and suppliers.
Not comfortable with negotiating? The professionals at The Stroud Group can leverage our expertise to find the furnishings you need at highly competitive prices.
Consider Custom-Made Furniture
It may seem counterintuitive, but another way to save money on hotel FF&E procurement is to look into custom-made furniture. Believe it or not, custom hotel furnishings can be more cost-effective than ready-made furniture in some instances.
Custom furnishings help create a one-of-a-kind distinctive design that perfectly reflects your brand identity and vision. It can also optimize a space and its functionality by fitting your furniture to specific dimensions, requirements, and preferences.
Custom furnishings are typically more durable and sustainable than mass-produced items, saving you money on repairs and replacement over time.
Not sure how to get access to custom-designed and made hotel furnishings? The experts at The Stroud Group are always available to help by introducing you to our extensive network of custom furnishing suppliers.
Select Versatile and Durable Furnishings
It can be tempting to choose cheap furniture and other things to save money. This can be a big mistake. It’s smarter to select versatile and durable furniture that is also cost-effective. Choose items that can serve different purposes and be used in various settings that can hold up to wear and tear. Versatile and durable furniture allows you to make the most of your space by allowing you to rearrange, repurpose, or reuse items as needed.
Good quality furnishings will help you reduce maintenance and replacement costs because they will last longer and perform better.
Don’t feel confident about being able to determine which furnishings are durable, flexible, and cost-effective versus those that are just plain cheap? The experts at The Stroud Group are always available to help guide you to the right choices.
Take Advantage of Recycled or Reclaimed Furnishings
The final way to save on hotel furniture procurement is to use recycled or reclaimed pieces. This includes items made from materials that are salvaged, refurbished, or repurposed from other sources. Purchasing recycled and reclaimed items can help you save money on material and manufacturing costs. Plus, it’s good for the environment.
On top of this, using reclaimed materials can create a unique and distinctive design that showcases creativity and social responsibility. Recycled or reclaimed furniture adds character and charm to your hospitality operation because pieces come with a story or historical connotation.
Saving Money on Hotel Furnishings: The Bottom Line
It is possible to save money on hotel furnishings and still get great distinctive pieces. You just need to know how to do it right. Use the five tips in this article to guide you. You can also contact The Stroud Group for expert support in securing the FF&E you need at a price you can afford.