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ARTICLE · 22 MAY 2025

Top Tips To Protect Against Unexpected Financial Claims In Hotel Development Projects

Shepherd and Wedderburn
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In the current financial climate, development projects are commencing under increasingly tight budgets, with contractors typically accepting less risk under much more restrictive scopes.

United KingdomReal Estate and Construction
Lisa Ambrus
Lisa Ambrus
Nathaniel Buckingham
Nathaniel Buckingham
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In the current financial climate, development projects are commencing under increasingly tight budgets, with contractors typically accepting less risk under much more restrictive scopes. 

In this article, we provide some top tips on how to protect against unexpected financial claims during development projects, and how to minimise the impact of such claims if they are made. 

In the current financial climate, development projects are commencing under increasingly tight budgets, with contractors typically accepting less risk under much more restrictive scopes. On hotel development projects, this adds further pressure to projects already experiencing issues such as material and labour shortages, rising operational costs, difficulties obtaining funding, and evolving guest expectations. 

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