How To Buy Run A Small Hotel

Recommended by the National Council of Hotel Associations, this guide offers guidance and advice on how to set up and manage a hotel, guest house or B&B. The author highlights how to enter the business and shows how to decide what to look for, raise finances, get professional advice, and more.

Hospitality.

So You Want to Buy a Small Hotel! is written with humor and tells it like it is, warts and all, the good things and the nightmares about running a hotel—the dream (with the nightmares!) lived for 11 years at the Rosebank Hotel in the Scottish Borders. It’s a ‘how-to’ book with a difference, anecdotal, full of practical, step-by-step advice, with warnings about pitfalls—a buyer’s hotel guide for dummies! Reading this book will give you practical insights into what it is really like to own a small hotel and enable you to decide whether running a small hotel is for you.

This book will help you to identify the property that you wish to operate lead you through the decision making process, pre-opening activities and on the vital ongoning operation of your business.

Recommended by The National Council of Hotel Associations, this revised edition of the text provides practical guidance on all aspects of buying and running a small hotel. It features examples, case studies, checklists, and specimen documents.

1. Deciding whether hotel-keeping is for you; 2. Choosing the right hotel for you; 3. Making the search; 4. Raising capital; 5. Making your purchase; 6. Assessing equipment and staffing; 7. Book-keeping and accounts; 8. Tariffs, costs and advertising; 9. Up and running