Boutique hotel business plan template

Hence, setting up hotel business further adds to the overall development to such city.

boutique hotel business plan template

The next step would be to write a hotel business plan. To revise our service quality and resources support, regular evaluations will be conducted in each department.

New hotel business plan

One will be combined for enlargement of the Golden Dragon. Additionally, you can describe the regular food services that you will offer — for instance, an on-site restaurant, a bar, or room service. Boutique hotels vs. Create a clear road map for success. This could attract more tourists around the world. Invitations will be sent to the design school and promoted through the interior design association in Hong Kong. If you are raising money, outline how much funding will be needed and when. Public area Here includes the area of lobby, aisles, banquet and conference rooms and open living areas. The target market is the age range, most within the middle to upper income level. Nearly half of the staff is Form 5 graduate. Hence, such a plan involves lot of critical thinking before it has been made. Customer Analysis n-depth information on your target market, including geographic, demographic, socio-economic, psycho-graphic, behavioral segmentation details. The database system currently used is the rather old version. Through the investigative work you do to understand your audience, analyze your business and the competition, and define your goals, you lay a solid foundation on which to make any marketing decisions. The main customer for the hotel is tourists who are relatively wealthy from mainland China and the rest of the world.

After revising the current situation, we find it is necessary to recruit more manpower, especially for room cleaning services and food and beverage room service. Themed rooms will also be provided.

5 star hotel business plan pdf

Whatever your motivation, this boutique hotel marketing plan template will help drive your marketing success. Which are the types of guests who will mostly stay at your hotel?

All the tableware served in the fusion-cuisine restaurant is in Chinese style.

boutique hotel business plan doc

Be sure to refer back to the picture you have previously painted to fit your stated demographic. Company Summary 2.

Hotel business plan pdf free

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the Boutique Hotels industry; and they will be more committed to help us build the business of our dreams. With improvement in such services not only increases the overall tourism to such area but also lead to overall increase in the revenue generated from the state. If necessary, we will consult some professions with relevant experiences. Chinese style should be put more focus on both the hotel and the restaurants by upgrading them. Guidelines will be given to the staff. The draft ideas from each department have to be discussed and approved by the top managerial staff. As a matter of fact, we intend jacking up the prices gradually until it falls at par with what is obtainable in the industry. Secondly, if necessary in the design, we would seek for other suppliers offering similar level of prices as our current partner. The financial status of the hotel has been passed through break-even to be profitable as the price of the rooms is relatively low when compared with other four-star hotels. What will your payment and cancellation policies be? He will be in-charge of the overall design project and responsible for the design of the public area as well as restaurants. The junior-level staff is generally less satisfied with job aspects than the senior-level staff. Our Personnel PandaTip: A hotel staff is vital to its operation. Thus, overall making it a systematic progress required for easing the work of the investors.
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Hotel Business Plan Example