Hotels and restaurants are furniture and equipment intensive forms of commercial real estate. Furniture, fixtures and equipment (FF&E) selection is generally coordinated with the theme and desired level of a hospitality property. The furniture and equipment component falls between 10% and 20% of the total project cost. Controlling costs related to FF&E require careful attention to planned property design characteristics and preparation of detailed procurement specifications. Timely solicitation of bids or price quotations from competitive suppliers will further stabilize the costs of these physical assets.
FF& E may comprise either fixed attachments to a hospitality facility or moveable items.
Permanently installed fixtures may be found in public areas: elevators, drinking fountains, signage; in guestrooms: built in entertainment centers, bath room fixtures, track lighting; and back of the house: kitchen counters, dishwashers, cabinets, walk in storage units, plumbing fixtures, building mechanical and electrical systems, fixed electronic equipment, and fixed theater seating, as well as other fixtures and equipment mounted for continued use in that site.