What should I pay attention to when investing in hotels?

Investing in hotels, no matter what type of hotels, involves a lot of investment, so there are many precautions, the most important of which can be referred to as follows:

First, the port. The first thing to invest in a hotel is site selection, whether it is new construction or renovation, which is very important for the site selection of the property. There are many factors that make the hotel business prosperous, but in the final analysis, it is only the word port. But there are many factors: property, traffic, location, population, external environment and parking lot.

Second, research. Investment hotels are leased and newly built, so research is very important. Investigate what? Refers to the profit and loss factors of investing in hotels, such as surrounding consumption level, competitors, market saturation, people's feelings and customs, future customers, etc.

Third, the budget. This involves money. If you miscalculate, you will have unexpected losses. More than 50% of hotel investment is not due to poor management, but to sloppy investment budget. Some hotels are doomed not to make money from the time they invest. Some hotels make their budgets hastily, or they don't calculate according to market rules, and some owners don't or miss the calculation, which leads to too many additions and deletions, and finally they are overwhelmed by investment, so the budget is of great significance.

Fourth, decoration design. I have met many hotels, really many, which are all based on the decoration design of the owners. I think things like how to do it often appear. This is really a joke. Hotels are used to operate and sell money. You can use your own private villa as you like, but the hotel must be properly decorated, with appropriate grade, scientific management and reasonable layout, so as to give full play to the value of the property.

5. Random letter, unbelief and unbelief. In the process of decoration, many professionals are needed to assist, and the operation, water and electricity, water heating, electromechanical, installation, civil engineering and other projects are completed together. Many fighters will deal with each other, and the most taboo in this process is:

1, spam. Everything makes sense, and everything you say feels right;

2. If you don't believe it, you don't believe anything, and everything you say feels wrong;

3, no trust, no integrity, used up the bridge.

Communicate more in the process of hotel investment. I am an expert. I am sure I can see it. Being kind to experts can save a lot of money.

Sixth, please operate the team. Small and medium-sized hotels don't need a team, but a good professional manager is enough. The hotel must be entered by a team, but when contacting foreign teams, you must pay attention to the pits in the contract.

Hotel investment, in short, I hope I can help you, welcome to communicate. Baidu is the first original.

Hotel investment, in short, I hope I can help you, welcome to communicate. Baidu is the first original.