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How to start the organization of the hotel business?

At the very beginning you should not run anywhere, make out papers and find out the cost of hotel equipment. It all starts with a concept. It needs to be invented and prescribed a clear plan of action, starting from construction or reconstruction, and downloading it with a scheme and principles of work. The document necessarily indicates the status of the future hotel or hotel, style, structure, marketing strategy and so on. How to start and how to open a hotel business?
How to start and how to open a hotel business?
There may be several ways to open a hotel business.
Some businessmen are considering another option of conducting a “shadow” business. He, of course, has the right to exist, but quite risky.
What is better to open?
Before you open the hotel business, you should decide on the format of the future institution. Small hotels are those in which the number of rooms does not exceed fifty. Even if large scale is not planned, you still need to make a business plan for a mini hotel.
More hotels are divided by the level of comfort in:
low budget hostels;
economy class institutions;
comfortable hotels;
apart-hotels (they are average and “luxury”).
About the benefits
The main advantage of the hotel business is the availability of real estate. The building, which is owned by the owner, is the main and most expensive asset. Real estate almost never falls in price, on the contrary, over the years it only becomes more expensive. To open a hotel complex or a small hostel is always a profitable investment.
Another advantage of such investments is the undeniable growth in demand for hotel services. According to experts, the IE can hope for an annual increase in profits of 4%. This is a pretty good indicator. However, not only the economic situation should contribute to the profitability of the enterprise. The owner, together with the manager, must invest a lot of their own labor. All successful examples of hotels, as a rule, have the same indisputable factors of prosperity:
As for the staff, then its selection should be approached responsibly. It is desirable that employees have specialized education from European schools. And better – work experience abroad. If it is difficult to select everyone by this principle, then you need to try to find at least one such employee. Need to pay attention to personal qualities. Sociability, complacency and helpfulness often “cost” much more than a prestigious education. These requirements apply to everyone, from the receptionist and administrators, to waiters and maids.
In any country, a high level of service is established by a system of standards and norms enshrined in legislation. Entrepreneurs will have to study all of them on their own in order to be able to open a decent enterprise Sanitary standards, fire and gas safety – these are the criteria that must be met. Without them, the authorities will not issue permission to open an object.
But do not forget that in the first place hotels work for people. One of the main rules of such institutions is flawless cleanliness. Daily cleaning, replacement of bed linen, towels – these are the postulates that must be respected.
The cost of renting rooms usually always includes breakfast. It can even provide an institution that does not have a cafe or restaurant. It is better to open catering facilities as an additional business. Cooking and serving breakfast alone will be unprofitable. For a cafe or restaurant to make a profit, other customers will also be required. Despite this, the small kitchen will have to equip. If necessary, you can organize a small bar, then the entrepreneur will need to obtain a license to trade in alcohol.
How much can you earn in the hotel business?
Immediately it should be noted that the activity in the field of this direction involves quite significant investments. They are presented below. It is worth paying attention to the main revenue and its value.
Moreover, experts do not advise to rely on expensive services. The average price level, a good advertising campaign, a clear strategy. These factors are the path to the above indicators.
A large amount of money will be spent on registration of ownership of the land or building. In addition, it is necessary to coordinate all the technical documentation for the construction, re-equipment or reconstruction of the finished building. If you have patience, and persistently go to the goal, then any beginner IE will be able to open a profitable, profitable and very promising business.

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