How to Start a Hotel, Resort, Inn or Bed and Breakfast- 9 Keys to Success | Ep. #193 episode artwork

EPISODE · May 18, 2020 · 7 MIN

How to Start a Hotel, Resort, Inn or Bed and Breakfast- 9 Keys to Success | Ep. #193

from Hospitality Property School · host Gerry MacPherson

When travel starts to return and the world begins opening up, it is going to be a slow and staggered process. You have to be ready and I’m going to tell you how to start.For the sake of this episode, I'm going to assume you're either starting a hotel, resort, inn or bed and breakfast from scratch or are hoping to improve your current business. Where do you start?How about at the beginning?Let's go through a step by step process Sleep aroundVisit other hospitality properties similar to what you are thinking of operating, in the area you're considering to open. Talk with the owners and find out their pros and cons. Don't be rushed to find the right location If you're dealing with the real estate agent, find one that's willing to take the time to find you the best deal. If you feel you're being pressured by them, my first instinct is to always walk away. Study the surroundings - Look for elements that could affect a site For example:• Is the area prone to flooding• Where the winds come from?Consider other factorsFor example:• Heavy traffic or livestock farms nearby. (You have to be aware of the noise and potential smell). Before committing to a site, visit it several different days and times so you'll understand what your guests will experience. Make sure your design fits Building an independent hotel, resort, inn or bed & breakfast in an industrial zone is probably not the best ways to attract families of vacationers. You can spend weeks, months and even years researching this information or you can continue reading and I'll share with you faster ways...⇒ TO READ OR LISTEN TO THIS EPISODE ON KEYSTONE HOSPITALITY PROPERTY CONSULTING: https://keystonehospitalitydevelopment.com/KHDC193Join one of our private groupshttps://keystonehospitalitydevelopment.com/private-groupsSay hi on social:Facebook: https://www.facebook.com/KeystoneHDCTwitter: https://twitter.com/KeystoneHDC Linkedin: https://www.linkedin.com/company/keystone-hospitality-developmentListen to The Hospitality Property School PODCAST here:https://keystonehospitalitydevelopment.com/itunes-podcasthttps://www.spreaker.com/keystonehdcYouTubehttps://youtu.be/KvMzafXBK9gA Division of Keystone Hospitality Development Consulting

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How to Start a Hotel, Resort, Inn or Bed and Breakfast- 9 Keys to Success | Ep. #193

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