Funding biggest challenge when planning a renovation, operators say.
The No. 1 challenge when planning and executing a renovation is finding the money to do so, according to The Big Picture. When it comes to the individual market segments, every one said funding was the biggest hurdle, except for B&I. Those operators said getting administration’s approval was the No. 1 challenge, with 54% citing this. A quarter of LTC/senior living operators have not planned or executed a foodservice renovation.