New Zealand Commercial Design Trends Series NZ Commercial Design Trends Vol. 34/02C | Page 92

MARKET SECTOR REPORT HOTEL DESIGN REDESIGNING THE BOX How do you design a hotel to successfully meet all the requirements of investor, operator and guests? Aedas Interiors executive director Greg Farrell – project designer on Auckland’s M Social – gives a designer and frequent guest perspective For an owner, a hotel is an investment – it’s a very commercial property. As much as it’s about theatre and drama and all those wonderful things, at the end of the day you should always come back to the financial viability of the model you’re looking at. There are two types of owners in my experience. There’s the owner who’s an investment owner, who is looking at the building as just an investment and perhaps a quicker ROI. And then there’s more of an owner-operator where ROI may not be quite as fast because they’re a true hotelier. search | save | share at Obviously setting your budget very early helps determine financial viability – looking at the market you’re going into, understanding what you want to achieve in your returns. In terms of the vision for a particular hotel, posi- tioning is a very, very important consideration. Is it in a prime location and therefore looking to be a more luxury type property and a higher end brand, which then starts to reinforce the design? Or is it not such a great location, so you’re aiming for something that’s more lifestyle and