Starting your own hotel is many people’s dream. Most are drawn by the charm of hospitality and see it as a chance to start a new beginning. Starting a hotel, just like any new business, is more difficult than it might seem at first sight.
If you have never worked in the international hotel industry you will be faced with many things you might not have considered or imagined. The hotel business is highly competitive and achieving good financial results is not as easy as it seems.
In my experience in dealing with entrepreneurs and investors I have found that there is no shortage of creative ideas for innovative hotel concepts. The challenge however, lies more in the strategic and organizational areas of the business.
It will be extremely important you prepare yourself well, do a lot of research and develop a detailed business plan to ensure success. Unfortunately I still see too many start-up hotels fail due to little planning. In my previous articles.
In our next few blog articles we will be covering various important aspects and steps of how to start your own hotel business. We will focus on:
Universal Testing Services (UTS) has become essential to organizations or educational institutes who wish smooth and merit-based selection as it is the sole company providing quality educational and recruitment services for its client organizations since 2014, though small in age but not in expertise.
House No 16/A. Main sumbal Road, Sector F-10/3, Islamabad.