I have saved up about $1m and I’m thinking of starting a hotel business. Please does a anyone have a blue print on hotel setup and management. I would like to build the hotel from the foundation, I already have a land which I can build the hotel on . What are the best ways to go about it. Also, do you guys think that hotel business is not a good business. TIA.
What’s your motivation? There are way too many factors to consider before concluding one way or the other. Having said that I know hotels can be difficult to run profitably.