What all do u need to know to start a small hotel business?

Question

Food business,fast food,vegetarian,how to procure and how to run it profitably

Answer 1

Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* A Survival Guide for Hotel and Motel Professionals by Karen Levine, Alan Gelb

* Check In; Check Out: Managing Hotel Operations (7th Edition) by Jerome J. Vallen

* Buying and Running a Small Hotel: The Complete Guide to Setting Up and Managing Your Own Hotel, Guest House or B and B by Ken Parker

* 100 Tips for Hoteliers: What Every Successful Hotel Professional Needs to Know and Do by Peter Venison

* How to Open a Financially Successful Bed & Breakfast or Small Hotel by Lora Arduser

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 2

One business like solution to all your questions, doubts and guidance; if you really don't know and want serious answers to all your points raised above, hire a suitable expert/professional for guidance, satisfactory support to your efforts and meaningful deployment of your resources including money.

Answer 3

you need proper knowledge about the working of hotels proper

-management skill

-your investment power,

-manpower,

-proper cooks,

you can start with all these but for profit you have to do proper planning, then implementation of your planning, flexibility of management to take any decision.

Answer 4

try to  start small ..just first of all crete databases..of every hotel and restaruent and study the case studies realted to it.. and keep on visitng thier websites regularly..

and plan ur strategy.. as site plan,pricing.. and peoples around witihn 5 km of range.. will  be ur target.. do llok for clsoe ones..

nned more ..answers contact me personally ..over yahoo messenger.. we can help each other..