Opening your own comfortable hotel is a business that requires a lot of effort, time and money. It is impossible to do this quickly and cheaply. Such a business is suitable for those who are ready to wait for a stable income for several years.
Choosing a hotel format
Recent research on the hospitality market shows that 60% of guests prefer large hotels, and 40% prefer mini-hotels or home-style hotels. If you are going to take your first steps in this business, then start with a small comfortable hotel with 10-30 cozy rooms. The advantages of your hotel in this case will be reasonable prices and homelike atmosphere, which is appreciated by a large number of travelers and business travelers.
If you have a more impressive initial budget, then you can open an elite mini-hotel with luxurious rooms, great design and personalized customer service.
Material base
The cost of opening a hotel business directly depends on the choice of premises. The cheapest option is to rent or buy out several apartments, a communal apartment or an entire entrance in a beautiful house located in a quiet, beautiful area of the city. The proximity to public transport, shops, restaurants, etc. is of great importance. In order to officially register the purchased apartment, it must be transferred to a non-residential fund.
The second cost item is the redevelopment, reconstruction and repair of premises. This must be done in order for your hotel to meet the requirements of the fire department and sanitary and epidemiological station.
The interior of the establishment is no less important. Even if your dream is a modest home-type hotel, you shouldn't skimp on finishing materials. High-quality work done at the first stage of work will reduce the cost of further cosmetic repairs. In addition, you will need furniture, interior items, household appliances, telephones, a reception area, etc.
Legal base
The hotel business does not need licensing, but it always takes a lot of time to get various approvals and decisions. It is necessary to pass a check for compliance with GOSTs and standards in the water utility, fire supervision, Energonadzor, city administration and many other authorities. To confirm the "stardom", you can voluntarily pass the certification of the Federal Tourism Agency.
Material base
Before opening a hotel, carefully calculate the required start-up investment. This type of activity refers to a type of business with a high threshold of entry - from several hundred thousand to millions of dollars. Keep in mind that the payback period for the mini-hotel will be from 5 to 8 years.
Underwater rocks
The most important challenge is creating an image and building a client base. At first, agreements with travel agencies can help with this, which will provide good recommendations to your institution and a regular flow of customers. Usually they ask for quite big discounts for such services.
The second difficulty is personnel selection. It is the professionalism of the administrator, chambermaids and other employees that create the reputation of any hotel.
Don't forget about advertising. During a period of recession in tourist activity, it can draw attention to your establishment of other categories of guests.