Previously, the word “businessman” made the average person imagine a respectable man in a suit, who sits behind the wheel of an expensive car. However, today a sixth of the country's population is engaged in business. Some trade in the market, others engage in large and risky investments. (See How to make money on). In this article we will talk about opening a mini-hotel or hotel; below is an example of a business plan for a hotel with 24 rooms (44 beds).
Building for a hotel or hotel
Hotel business: how to open a mini-hotel, hotel
Today, the hotel business is quite stable and profitable. You can start earning income from the hotel business in any region of the country. It is the safest type of business activity. An investment in a (mini) hotel will guarantee a permanent income, but only if the hotel is run by a knowledgeable person.
Creating a hotel should begin with the selection of premises. It is best to build or buy a suitable building, because renting it for a long time is not the best idea. (Business ideas for a small town, see). A building with several floors is perfect for creating a small mini-hotel. A well-written hotel business plan is needed for many purposes:
- Used as a ready-made presentation for investors.
- Constantly used for internal use as the main management tool.
- Needed to determine all costs, risks, and pitfalls. It roughly helps to calculate the future income of a business and its prospects.
Description of the business plan for a three-star hotel with 24 rooms
Purpose of the project: open a 3-star hotel for 44 beds (24 rooms)
Objective of the project: service and accommodation for a comfortable stay for city guests and tourists.
Demand: In Russia, the demand for hotel services is constantly growing. There are many reasons for this: a surge in the tourism business in Russia, an increased influx of foreign tourists, the opening of large enterprises together with other countries, holding exhibitions and seminars throughout the Russian Federation.
Given the deteriorating quality of the environment, hotels located in clean, untouched corners of nature, far from civilization, are becoming more in demand.
Marketing campaign: To ensure a sufficient number of clients, the hotel will be advertised using printed publications (newspapers, magazines), leaflets with advertising information about the new hotel, and the Internet. Agreements will also be concluded with several travel agencies to advertise our hotel to tourists.
Hotel production plan
The area of the hotel is 1200 square meters. Includes 24 rooms for accommodation, including:
- Luxury rooms - 4 pcs.
- 2-seater - 16 pcs.
- 1-seater - 4 pcs.
The hotel also has entertainment facilities:
- Cafe;
- Restroom;
- Billiards.
Financial side of a hotel business plan
The duration of the calculation period is 2 years (the time of construction of the building) plus the time of subsequent operation.
A) Total investment amount - 18 - 24 million rubles:
- construction of a building - 800 thousand - 1.2 million rubles.
- landscaping of the territory, construction of a parking lot - 3 million rubles.
- design and pre-design work - 11.4 - 14 million rubles.
- purchase and installation of equipment - 2.8 - 4.8 million rubles.
It is necessary to take into account possible unplanned expenses.
B) Current costs will consist of:
- Salaries and transfers to social funds.
- Operating costs.
- Spending on repairs and hotel maintenance.
- Possible tax for the use of land.
The salary of employees (manager and six to seven service personnel) will be 1.44 million rubles. in year.
Operating costs consist of payment for electricity, water and heat supply. This also includes the purchase of food and cleaning supplies, payment for communications, etc. The cost of operation will be 800 thousand - 1 million rubles. during the accounting period of hotel operation.
C) Main sources of income:
- Income from renting rooms - 6 - 7 million rubles,
- Income from food and drinks 1.4 - 1.8 million rubles.
Additional sources of income:
- Billiards - 100-200 thousand rubles.
The total annual income of the hotel will be: 7.7 - 9.5 million rubles.
The project will pay for itself in 5 years, the profitability is 60%. Using discounting when determining payback periods, we can give a figure of 6 years.
The discount rate in a market economy depends on the percentage of the deposit on deposits, but in practice, most often, increased values are used, taking into account the unstable economy and investment risks.
Over time, the scope of hotel services can be significantly expanded by adding several innovations:
- Pool;
- Sauna;
- Summer cafe;
- Playground for children;
- Bowling;
- Massage room.
This example of a hotel business plan will help you open a mini hotel (hotel), as well as take out a bank loan for your business. Good luck to you!
* The calculations use average data for Russia
1. PROJECT SUMMARY
The project involves the construction and operation of a guest house on its own land plot located on the Azov coast of the Krasnodar Territory. The facility is located in close proximity to the city of Yeisk.
Required investments – 13.8 million rubles. The project is characterized by a high level of costs and a significant payback period, but the risks are minimal, and the market is quite stable.
The main competitive advantage of the project is the high level of quality of services, including the availability of a wide range of additional services. The advantage of a guest house over a hotel lies in much simpler procedures for registering a business and registering with supervisory authorities. In addition, the project does not require highly qualified personnel, a complex organizational structure or business process structure.
Key indicators of the project's economic efficiency are given in Table. 4.
2. DESCRIPTION OF THE INDUSTRY AND COMPANY
The goal of the project is the construction of a guest house in the resort area (Azov coast of the Krasnodar Territory, Yeisk district). The advantage of a guest house over a hotel is a much simpler operating scheme: there is no need to convert the land plot to the commercial category, there is no need for a star rating, there is no need to organize a restaurant, etc. The guest house's room capacity can reach 20-30 rooms, which is fully consistent with the goals of the project. The main target group is vacationers during the holiday season, from the beginning of May to the end of September.
In recent years, interest in domestic tourism in Russia has been growing, which is associated with a number of economic and political factors: the annexation of Crimea, the popularization of domestic tourist destinations at the state level, a decrease in the solvency of the population, armed conflicts in the Middle East, etc.
According to the World Tourism Organization, in 2014, Russia was visited by about 28 million tourists from abroad, which places it in 9th place in the world in terms of tourist attractiveness.
According to Rosstat, from 1995 to 2011 the influx of foreign tourists to Russia increased by 27%. On the other hand, in the same period, Russians also mastered many foreign tourist destinations - primarily beach ones: Turkey, Egypt, Thailand, Greece, Bulgaria. In 2010, the number of domestic tourists was 32 million. Unfortunately, similar data for recent years are not presented in open sources of Rosstat or the Federal Agency for Tourism. However, it should be assumed that in 2015 domestic tourism destinations were in even greater demand than in previous years; and in 2016, we can expect unprecedented growth in the industry.
The main obstacle to the growing popularity of domestic destinations is the undeveloped infrastructure: relatively low quality of rooms, service, lack of a wide range of services; all this against the backdrop of a fairly high price level.
The coast of the Sea of Azov today represents a slightly more economical holiday option compared to the Black Sea coast of the Krasnodar Territory or Crimea. In particular, Yeisk Spit is visited by vacationers even from remote regions, such as the Novosibirsk region, Yamal Autonomous Okrug, etc. However, the main share of visitors are guests directly from the Krasnodar Territory and the Rostov Region, who come to relax on the weekend. Territorial and price accessibility allow us to achieve a higher level of occupancy of the guest house compared to a hotel on the Black Sea coast.
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Competition in the region under consideration is much lower than on the Black Sea coast, and the same applies to the level of service. Consequently, the company that offers the most complete range of services and their high quality will be popular. This is planned to be used as the main competitive advantage of the project.
The guest house itself is a 3-storey building with a basement and an adjacent area with parking and a recreation area for guests. On the ground floor there is a reception area, a kitchen, as well as living quarters for the owners and staff; in the basement there is a laundry room, a boiler room and other technical and auxiliary rooms. The room capacity consists of 10 rooms with a total capacity of 30 people (6 double and 6 triple rooms). The distance of the guest house in a straight line from the coastline is 800 m, from the public beach – 1200 m; The guest house is within easy reach of public transport for the convenience of guests without a car. It is assumed that you can cook your own food in the equipped kitchen, as well as on the grill located in the adjacent territory.
The management structure of the guest house is also simple. Management is carried out by the owner of the project, being constantly at the guest house. Auxiliary functions for cleaning the house and territory, doing laundry, etc. performed by seasonal hired workers from among local residents. Highly qualified personnel are not required.
The total area of the guest house is 600 sq.m. Investment costs for construction and finishing of the building are calculated based on average market prices of construction companies - 18,000 rubles. / sq.m. and amount to 10.8 million rubles. Equipment of the building and territory - about 3.0 million rubles. Total - 13.8 million rubles, which are supposed to be taken on credit for a period of 18 months.
All rooms are equipped with split systems, TVs and bathrooms with showers. Creating additional seats in each room is possible through the use of chair beds.
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As a form of ownership, it is advisable to choose an individual entrepreneur with a simplified taxation system (the object of taxation is income). The owner performs the main management and commercial functions.
3. DESCRIPTION OF SERVICES
The guest house provides, first of all, accommodation services for guests, usually short-term - on average up to 10 days. To ensure competitiveness, it is planned to provide a number of related services, most of them free of charge. The full list of services is presented in Table. 1.
The price segment of the project is average; At the same time, the quality of services and the condition of the room stock are above average. This will attract more guests and ensure their loyalty for repeat visits and recommendations.
Table 1. List of services
Licensing of services is not required, confirmation of hotel category is not required. It is necessary to obtain permits from the fire service and the Consumer Supervision Authority.
4. SALES AND MARKETING
According to Rosstat, the hotel services market in 2014 decreased compared to 2013, which is associated with a decrease in the solvency of the population and savings in money. There is a decrease in expenses for both tourist and business trips. However, the 2015 results, obtained by extrapolating data from the first three quarters, remain at the 2014 level. At the same time, profit and profitability indicators are growing, reaching record levels.
Figure 1. Dynamics of the main financial indicators of the hotel services market in Russia in 2011-2015, thousand rubles/%
It should be expected that the main decline in the market will occur due to business travel, and the tourist segment will grow in all respects. This is caused, as mentioned above, by the popularization of domestic resorts, infrastructure development and blocking of popular tourist destinations.
The popularity of the Yeisk Spit as a tourist area is due to the mild climate, tourist infrastructure in the immediate vicinity (Yaysk) - a water park, dolphinarium, oceanarium, cafes, restaurants, parks, etc. In addition, this microregion is popular in terms of outdoor activities, primarily windsurfing. In addition, 40 km from Yeisk there is Khanskoe Lake, famous for its healing mud and iodine-bromine and hydrogen sulfide mineral water springs. Thus, we can only talk about the prospects for the growing popularity of Yeisk and the Yeisk Spit as a resort.
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In a broad sense, any hospitality enterprises located in a given microregion can be considered as competitors: boarding houses, hotels, mini-hotels and guest houses. Their total number is about 100 units. However, given the different level of services provided and positioning, only guest houses – about 30 units – should still be considered direct competitors. The main disadvantages of existing guest houses include small capacity - these are mainly private households converted into a guest house; monotonous number of rooms - several identical, rather large rooms; amenities not in the room - shared toilet and shower for several rooms; lack or low quality of additional services - lack of cook services, laundry, linen change every 7-10 days, etc. Accordingly, the implementation of all stated in Table. 1 services will give an undeniable competitive advantage to this project.
Sales of guest house services are carried out through travel agencies, the average remuneration of which is 10% of the cost, as well as through Internet sites booking.com, eisk-leto.ru, etc.; Part of the sales volume will come from intermediaries working directly at the city’s railway and bus stations. The share of sales through agencies and intermediaries in the first two years of the project can reach 80%, then it will decrease significantly, to 30-40% by the fifth year of the project. In addition, it is necessary to create your own website with a complete description of the house, rooms and services. The sales volume of a website with good indexing in search engines can reach 30-40%. The share of repeat visits with good quality of service, ensuring high guest loyalty, should account for at least 25-30%.
Interaction with agencies and intermediaries is carried out directly by the owner of the guest house, without the involvement of third-party specialists.
5. PRODUCTION PLAN
Geographically, the facility is located in close proximity to the city of Yeysk, in direct access to public transport. The distance of the guest house in a straight line from the coastline is 800 m, from the public beach - 1200 m. Yeysk is a resort town on the Azov coast of the Krasnodar Territory, a seaport. The population of the city is 85.7 thousand people; is located at the base of the Yeisk Spit, washed by the waters of the Taganrog Bay and the Yeisk Estuary. The climate is temperate continental, characterized by relatively low precipitation and the absence of frequent temperature changes. The holiday season lasts from the beginning of May to the end of September. The transport infrastructure is represented by a railway and bus station. A regional highway connects Yeysk with the capital of the region, Krasnodar, and the capital of the federal district, Rostov-on-Don.
The required costs for the construction and equipment of the building are 13.8 million rubles. The area of the building is calculated based on the average standards of the hotel industry - 12 sq.m. per guest. total area of the building, which is the average for the mini-hotel segment, i.e. class, higher than guest houses. This will also provide additional competitiveness to the project.
For the construction of the guest house building, it is planned to attract a local construction company selected based on a competition. The selection criterion is not only the final cost of construction, but also the use of modern technologies, as well as the quality of projects previously completed by the company. The planned period of construction and finishing of the building is 10-11 months.
The costs of equipping the premises of the guest house are shown in Table 2. In addition to the costs indicated in the table, there are also costs for equipping the local area, a fire alarm system, etc.
Table 2. Costs for equipment of a guest house
The main part of the work to ensure the functioning of the guest house is carried out directly by the owner and his family. To perform auxiliary work in the high season (June-August), hired workers are hired (Table 3); It is advisable to outsource accounting, as well as security functions.
Table 3. Staffing and wage fund
The main item of current costs is utility bills, which can be divided into a fixed and variable part. The fixed part (fixed costs) includes the minimum payment out of season. The variable part changes depending on the number of guests per season. In addition to the seasonality factor, it is also necessary to take into account the occupancy of the hotel due to its popularity; in the first year, maximum occupancy is unlikely to rise above 50% during the high season. However, in the future, occupancy is expected to reach 90%.
The sales plan, taking into account seasonality, is presented in Appendix 1.
6. ORGANIZATIONAL PLAN
The project owner carries out all management, commercial and marketing functions: planning, market research, interaction with intermediaries and booking systems. This avoids the cost of paying a manager. In addition, on the scale of a guest house, these functions do not require high qualifications and special knowledge. Accounting is outsourced. There is no organizational structure as such for the project - hired and outsourced workers are directly subordinate to the project owner.
7. FINANCIAL PLAN
The costs of the preparatory period include investment costs for the construction and finishing of the building, as well as for the development of the project site - 13.8 million rubles. The costs of the main period include: payment for housing and communal services, wages of hired and outsourcing workers, commissions from travel agencies, booking systems and intermediaries, as well as costs for the provision of additional services, the amount of which is extremely small and difficult to predict.
The financial indicators of the project - revenue, cash flow, net profit - are given in Appendix 1.
8. ASSESSMENT OF PROJECT EFFECTIVENESS
The project is characterized by a high level of costs, both financial and time. The advantage is a low level of risks and high profitability upon reaching planned targets.
The payback period of the project is 28 months, the discounted payback period is 34 months. Taking into account the need to service the loan, the project begins to make a profit from the second year of implementation. Project performance indicators are given in Table. 4. The indicators are calculated for a three-year period, however, taking into account the long payback period and the unlimited period of project implementation, already in a five-year perspective they will be significantly higher, up to 1.5 million rubles. net profit per year.
Table 4. Project performance indicators
9. RISKS AND GUARANTEES
The project is in the service sector in a well-developed industry. The industry has been mastered both in terms of technology for providing services and in geographical terms - the region is already quite developed as a resort area. The risks associated with the implementation of the project are minimal. Risk reduction is also influenced by the positioning of the project in the middle segment with high quality of services - if there is a need to increase the profitability of the project, you can increase the cost of services by 20% without noticeable negative consequences for the elasticity of demand. In general, we can say that as the cost increases, demand remains positively inelastic, and acquires significant elasticity as the cost decreases.
The main risks are reflected in Table. 5.
Table 5. Assessment of project risks and measures to prevent their occurrence or their consequences
In this article we will look at a detailed calculation of the costs and payback of a mini-hotel. You can use this calculation when drawing up your financial plan, using it as a basis. Let's try together to calculate a rough business plan for a hotel with 20 rooms.
A business plan is a kind of dress rehearsal before opening a business. You can start compiling it yourself, using the calculations given in this article. However, to get the optimal result (and you need real numbers, and not just an optimistic forecast of events), you should contact a professional with this. Who will be needed to create such documents?
Firstly, a professional estimator who will take into account all expenses, income, taxes and profits in the correct way. Secondly, if you do not have a specialized education related to the hotel business, then it would be advisable to consult with someone who has worked in the hotel industry for years. Thirdly, it would be best to ask a qualified interior designer to create a room design that will take into account the optimal arrangement of furniture and household appliances, utilities and technical premises, in order to not only create a comfortable space, but also save space for additional areas.
Of course, we cannot guess in which city and what kind of hotel you intend to open. Therefore, all figures given in this arithmetic will be averaged as much as possible. We decided to take a large city in Russia, of which there are many (Vladivostok, Tyumen, Tolyatti, etc.), with a population of 700,000 inhabitants.
For the hotel we will need to take out a bank loan for 15 years. Amount 11,600,000 rub. Of this, 3.5 million will be spent on redevelopment, renovation and design of the premises. 5 million rubles for furnishing the rooms with furniture, plumbing and necessary elements. Arrangement of the hall, kitchen and utility rooms will require 1.8 million. Opening a business, obtaining the necessary approvals and documents, including legal services, will amount to 100,000 rubles. We will allocate 200,000 rubles to create a good website and produce advertising products. In addition, you need to take into account other expenses: we will allocate 700,000 rubles for them.
The hotel in question is planned to have 20 rooms. 3 luxury rooms will be enough. 9 rooms for two persons and 8 single rooms. Let us take into account the prices of 2016 and their average values:
- A luxury room will cost 4,400 rubles.
- Double room – 3200 rub.
- Single room – 2000 rub.
The average price of a room will be (3*4400+3200*9+8*2000)/20 = 2.9 thousand rubles.
Our hotel can accommodate a maximum of 32 guests. The average hotel occupancy rate is 50-70%. Let's calculate the approximate revenue for the month - 1.4 million rubles.
Services
It is clear that you can choose any service for your hotel. We will take the minimum amount of services. The standard set today is, at a minimum, Wi-Fi, free iron and ironing board; a small shop in the lobby with pastries, essentials and souvenirs; buffet; a set of disposable hygiene products in the bathroom; cleaning and change of bed linen.
Room
On average, a small hotel with the above service will require premises with an approximate area of 500-600 square meters. We will choose a place not far from the center, but such that you can get to all the attractions and the historical center of the city by car or public transport in 15 minutes. We will have additional parking space. And the hotel itself will be located close to a transport interchange. Such premises will cost us about 200,000 rubles per month in a large city.
The requirements for the premises should be taken into account when choosing it. According to the standards established in the Russian Federation, there must be at least 15 m2 of space per guest. Each room has ventilation and air conditioning. Sewage, hot water and heating are provided in the building.
Salary levels differ from region to region. We will take the average indicators of the central part of Russia. We will need:
- Manager with a salary of 30,000 rubles.
- 2 administrators, replacing each other in shifts – 2* 17000
- 2 cashiers – 2*15000
- 2 buffet/kitchen workers – 2*16000
- Maintenance staff 5*14000
- Reservation specialist – 17 thousand rubles.
- Advertising specialist – 18,000 rubles.
- Part-time accountant – 17,000 rubles.
The total wage fund will be approximately 248,000 rubles monthly. It will be necessary to pay all taxes (personal income tax, insurance contributions) on this amount, which will amount to approximately 40% of the wage fund - about 100,000 rubles.
After drawing up a business plan, you need to consult with an accountant, but for such an area it is advisable to use a simplified taxation system and pay 15% to the city treasury.
In addition, we will need some kind of security for the enterprise. It is very expensive to maintain a staff of security guards, so we will turn to a private security company to install a “panic button.” The price of their services will be 15,000.
To successfully start a business, you will need to spend money on advertising. There are many options for advertising campaigns. It should be taken into account that a third of Russian residents today book hotels through websites - booking systems with which they will have to cooperate. In addition, you need to create a hotel website and promote it using contextual advertising, groups on social networks and SEO optimization.
What else do you need to consider? Utility payments, on average, for a specified area of 500-600 meters will be 65 thousand rubles. We also need to provide for the cost of consumables. This could be bed linen, disposable slippers and shampoos, dishes, etc. We will allocate 30,000 rubles for these needs. Let's not forget about equipment depreciation - 25,000 rubles.
Don't forget about “unforeseen expenses”. They will definitely be there, you'll see. We will allocate 30,000 rubles for these “needs”.
We do some simple calculations, taking into account all our amounts. We get this approximate calculation:
The annual profit will be 4,174,200 rubles. Of course, our business plan for a 20-room hotel should not be taken as a guide to action, but its algorithm can be taken as the basis for your calculations.
Business plan
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By offering a good hotel business plan, we satisfy the demand for projects related to the development of places for recreation and temporary residence. After all, there are different types of hotels, and all of them are in great demand today: a campsite for active travelers, a motel for young people, a luxury hotel for the wealthy public who want to spend money on comfort and convenience.
Also pay attention to hostels, guest houses, motels, which are incredibly popular in European countries. Thanks to low prices and many clients, such “democratic” hotel complexes pay for themselves very quickly. The document presented on our website, which is available for study by anyone or anyone who would like to have a basis for their own calculations, will allow you to successfully start your own business in this market.
Mini-hotels are also in demand, which can have only 15-120 beds, but at the same time will be an excellent hotel enterprise, where coziness and comfort will coexist with an affordable price and developed service. It is also important that you can open such a small hotel in any city, and especially in resort areas, where there is always demand.
A well-thought-out document is the first step towards building your own business, which can become a family business and will bring profit to you and your children. In this case, it is not necessary to build a hotel; you can use the buildings that exist in your city. It won't be that expensive, but quite effective for a start.
In general, the document includes a list of important recommendations and calculations, without which it is not recommended to begin commissioning a private hotel, motel or other establishment. It is the package of documents that contains the risk assessment, the amount of initial investment that will be required, as well as the general financial plan and an assessment of the payback of a particular object.
Studying the presented document is the right decision, which will be confirmed by time and the work that you can do to make your dream come true. As a result, expect gratitude from clients, regular increases in profits, satisfaction from a job well done and the provision of the services that people need.
As an analysis of the activities of hotel and tourism enterprises shows, mini-hotels are increasingly becoming the most popular among tourists. The problem with large hotels is that they often do not have enough economy class beds, which entrepreneurs who open mini-hotels have taken advantage of. This sector of the market in Russia is developing very actively, and in many cities small and cozy hotels constitute very noticeable competition for multi-storey buildings.
The main problem of the mini-hotel business is the lack of a constant flow of guests. The main points of development of a small hotel are such that it is more difficult for it to make itself known. As a rule, the first year of operation of a small hotel becomes especially difficult. Financial investments at this stage are maximum, but returns cannot yet be dreamed of. Hospitality training is an integral part of the process if you want to manage a hotel yourself, and this will also require significant funds.
Another significant drawback in organizing the hotel business and small hotels in particular is the long payback period. According to estimates given in some hotel business projects, a small hotel will begin to generate net profit only after 8-10 years. Even in large cities, the costs of business development are returned no earlier than after 5-7 years.
Where does the organization of a hotel enterprise begin? Of course, from finding a suitable premises. As a rule, hotels with from 5 to 30-40 rooms fall into the category of mini-hotels. This can be either a separate building or one or two floors in a dormitory. Opening a hotel from scratch requires mandatory approvals, but the peculiarities of the positioning and functioning of small hotels make it possible in some cases to simplify this process.
Small hotels are attractive, first of all, due to their low cost of living. Potential clients are not afraid of the lack of a fitness room or sauna, but the equipment of the hotel rooms must be at a high level. The calling card of small hotels is service. The main hotel concepts here include an individual approach to each visitor, fortunately, there are usually few of them. The peculiarities of the work of staff in small hotels, as well as the management of a mini-hotel, consist in closer communication with the client. Business processes in a small hotel take place almost in full view of everyone, which creates certain difficulties.
There are several categories of small hotels, and the most noticeable of them is business hotels, somewhat similar to departmental hotels that exist in some regions to this day. The main feature of a business hotel is that hotel clients come to another city for a serious purpose, which is related to the implementation of business activities. In this regard, the equipment of a room in a business hotel is important - it is important that it has a reliable telephone and Internet connection.
How should business services be carried out in hotels, how to create your own business and open a small country mini-hotel, where to find an example of equipment for a mini-hotel - in search of answers to these questions, novice businessmen turn to a competent example of a business plan for opening a mini-hotel with ready-made calculations. It allows you to understand the features of the hotel business and labor relations. Having this document in hand, it will be much easier to take the first steps in creating and opening your own mini-hotel. Having decided to study the business project of a private mini-hotel, businessmen make the right choice.
The hotel business is multifaceted: someone builds a huge multi-storey hotel, investing tens of millions in it, others decide to open a mini-hotel in their apartment. At the same time, both options are in demand, they are just designed for different categories of the population.
It is a mistaken opinion that organizing a mini-hotel in a residential building, apartment, can be in demand exclusively in resort areas, when guests use the rooms only for overnight stays. The opportunity to save on hotel accommodation is valued in any region, and there will always be those willing to rent a room at an affordable rate. Of course, opening your own mini-hotel in an apartment does not imply the availability of five-star amenities. Everything is only the most necessary - a minimum of furniture, the presence of a toilet and shower, hygiene products - toilet paper, soap, paper towels, air fresheners.
In order to open and register your own hotel business - a hotel in an apartment - an entrepreneur does not need to go through a special licensing procedure or collect a lot of documents and permits. It is important that the living space meets all safety standards and requirements. Many owners of mini-hotels in their apartments do not register at all, remaining in the shadows for many years.
According to the hotel industry, in many regions there is a shortage of economy class hotel rooms. Not everyone prefers to stay in luxury hotels, shelling out big bucks for such luxury. If a person needs to spend a couple of days in a foreign city, returning to his room only to spend the night, then an option such as a hotel, which uses a hostel building or several apartments in a residential building, will be an ideal option for him.
You can open your own business - an apartment-type hotel in a residential building - for example, in a former communal apartment, turning each room into a separate room. The equipment of the rooms in such hotels can be minimal - a couple of beds, a wardrobe and a coffee table. The businessman creates basic and additional services in mini-hotels depending on his financial capabilities and the wishes of the guests. You can open your own mini-hotel even in a spacious three or four-room apartment.
Opening such a hotel business requires minimal paperwork and relatively low costs. For this reason, this business is ideal for beginners in hotel services. It is important to take into account that there is at least 5 square meters per guest. meters of living space. Mandatory requirements include the presence of one shower and toilet for 12-13 people.
Every novice businessman is interested in the approximate payback of the hotel business, in particular, his hotel opened in an apartment. What the organization of a hotel business or home hotel should be like can be understood using the example of any hotel. It will be easier to perform the necessary calculations and evaluate comparisons if you have a professional hotel business plan, which contains a detailed description of the hotel business and lists the main organizational and legal foundations of hotel activities. This document even takes into account such subtleties as outsourcing in the hotel business, which makes it a reliable support for any novice businessman.
So, you have decided that mini-hotels in dormitories or hotels in apartments are not your option, and are ready to build a completely new hotel, built taking into account your taste and style, personal ambitions and your own vision of the future brainchild. Surely you understand that the work ahead is enormous, and the financial costs will be equally large. The payback of the hotel business is quite high; you should not expect net profit earlier than in 10-12 years. All this time, the hotel will only pump huge amounts of money out of you. But, believe me, it’s worth it if everything is done correctly.
The construction of a new hotel can be carried out in two ways: either you build a completely new facility, or you choose any non-residential building for the hotel - it must be in more or less normal condition - and completely restore it. In order to avoid problems with regulatory authorities, you should correctly formalize your actions from the legal side. The businessman will have to obtain permission to use the land for construction, and for the construction itself, develop a development project, and then register ownership of the hotel building. The required documents also include an act on the performance of work in the hotel and an act of inspection and inspection of the building for compliance with the standards existing in the hotel business.
A clear definition of tasks in the hotel business and an assessment of the hotel’s main competitors are of great importance even before the start of construction of the facility. It is also necessary to carefully plan all necessary costs during the implementation of the project, and then during the operation of the hotel. You should take into account the expected payback period of the hotel, understanding how important it is to organize a fairly solid reserve fund in case of unforeseen expenses.
Operating costs in a hotel depend on the organizational structure of the hotel, the main subjects of the hotel business infrastructure, and are usually divided into 3 groups:
Utility bills, costs for the purchase of consumables, safety equipment, as well as food for a buffet or restaurant at the hotel;
The peculiarities of running a hotel business are such that success is possible only with proper planning of all processes. Having in hand a professional sample business plan for the construction of a mini hotel, a businessman can easily analyze the cost of hotel rooms in order to set optimal prices for hotel accommodation. This document contains a complete description of the hotel business, including the intricacies of running a hotel business in accordance with laws and regulations, which will greatly help the entrepreneur in the future.
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