Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the edwiser-bridge domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/f4c3x1c2/public_html/focus4learningco/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the bbpress domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/f4c3x1c2/public_html/focus4learningco/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the instagram-feed domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/f4c3x1c2/public_html/focus4learningco/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the eduma domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/f4c3x1c2/public_html/focus4learningco/wp-includes/functions.php on line 6114

Warning: Cannot modify header information - headers already sent by (output started at /home/f4c3x1c2/public_html/focus4learningco/wp-includes/functions.php:6114) in /home/f4c3x1c2/public_html/focus4learningco/wp-content/plugins/bbpress/includes/replies/functions.php on line 2160

Warning: Cannot modify header information - headers already sent by (output started at /home/f4c3x1c2/public_html/focus4learningco/wp-includes/functions.php:6114) in /home/f4c3x1c2/public_html/focus4learningco/wp-content/plugins/bbpress/includes/replies/functions.php on line 2161
How to start your own hotel business? – Focus 4 Learning Ltd https://focus4learning.co.uk/forums/topic/start-hotel-business-2/feed Thu, 02 Jan 2025 17:29:34 +0000 https://bbpress.org/?v=2.6.11 en-GB https://focus4learning.co.uk/forums/topic/start-hotel-business-2/#post-5865 <![CDATA[How to start your own hotel business?]]> https://focus4learning.co.uk/forums/topic/start-hotel-business-2/#post-5865 Fri, 19 Aug 2016 10:16:15 +0000 admin Starting your own hotel is many people’s dream. Most are drawn by the charm of hospitality and see it as a chance to start a new beginning. Starting a hotel, just like any new business, is more difficult than it might seem at first sight.

If you have never worked in the international hotel industry you will be faced with many things you might not have considered or imagined. The hotel business is highly competitive and achieving good financial results is not as easy as it seems.

In my experience in dealing with entrepreneurs and investors I have found that there is no shortage of creative ideas for innovative hotel concepts. The challenge however, lies more in the strategic and organizational areas of the business.

It will be extremely important you prepare yourself well, do a lot of research and develop a detailed business plan to ensure success. Unfortunately I still see too many start-up hotels fail due to little planning. In my previous articles.

In our next few blog articles we will be covering various important aspects and steps of how to start your own hotel business. We will focus on:

  • Remarkable Hotel Concepts
  • Hotel Business Plan
  • Market Research
  • Securing Investment
  • Site Selection
  • Permits and Licenses
  • Hotel Pre-Opening Phase
  • Staff Recruitment
  • The Opening
  • Managing the place
  • The Best Hotel WordPress Theme

We hope these tips will help fellow entrepreneurs start a successful new hotel business! Please contact us if you need some help with writing a solid hotel business plan.

Would you like to know more about hotel revenue management? Xotels is a hotel management company that assists independent hotels to outperform their competition and become market leaders.

]]>