The construction or reconstruction of the hotel should begin with the development of a business plan and concept. These are two crucial documents that will help to avoid many problems in future, evaluate the effectiveness of the project and ensure its payback.
Before opening a hotel, it is necessary to investigate the market to which the hotel will enter, according to such points – price, competition, supply and demand, seasonal fluctuations, the level of state regulation, prospects for the development of accommodation services.
It is especially important to study the competition in detail in order to understand how many hotel facilitie's are nearby, for which guests they are designed, what kind of concept they have, etc.
Among tourists, the most popular formats of hospitality are:
The architectural sketch of the hotel describes in detail the layout of the facilitys areas – the number of rooms, transit zones, technical rooms, elevators and stairs for staff and guests. If the building has already been erected, the necessary alterations are discussed and included in the business plan of the hotel.
Depending on the concept of the object and its territorial location, it may be necessary to add some additional functional units. For example, coworking, restaurants or banquet halls.
An architectural sketch should be ordered from a bureau or companies with extensive experience in designing HoReCa objects. This is due to the fact that the hospitality facility operates according to completely different principles and standards than any other real estate.
The amount of investment for a single project is calculated at the stage of creating a general estimate. Many factors related to the object are taken into account – location, proximity to resorts or business centers, passenger traffic, competitive market share and much more.
The financial model includes:
Depending on the format of the hospitality facility, it is necessary to hire staff. According to the recommendation of the World Tourism Organization, the number of employees varies according to this scheme:
We have over 6 years of experience in hotel design and management and this experience works for you.
We develop a high-precision business plan, which makes it possible to guarantee the loading and profitability of the hotel.
We help to implement business processes and provide marketing support
We are responsible for the quality of the project, compliance with its business plan and meeting deadlines.
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