How To Start Hotel Business – Today through this article we are going to tell you how to start hotel business? In this article, we will tell you some very easy steps. You can start hotel business by following the easy steps mentioned by us. Friends, if you also want to start a hotel business of your own, then read this article completely till the end.
All of you must have heard about the hotel and all of you must have gone to the hotel. There will be many of you who must go to the hotel once a week or even once a month. Whenever there is a birthday party or an anniversary, all these programs are done by the hotel today.
You can easily get every food of your choice in the hotel, that’s why people often like to go to the hotel to eat food and stay there. In the city you will find many 3 stars 5 stars and more than one luxury hotel. The income of a person opening a hotel is several lakhs of rupees. Friends, if you also want to start a business of your own, then I would advise you to start hotel business. After starting your own hotel, you can earn a lot of money and live a comfortable life.
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Before starting your own hotel you should be aware of some of the primary points of opening a hotel. The things required to open a hotel are mentioned below. You can open your hotel according to the information given below.
Types Of Hotel
Before opening a hotel, you have to select your hotel type. There are many types of hotels. Some hotels are 3 star, some hotels are five star and some are very luxury hotels. While there are some simple hotels as well. Some hotels have the arrangement of luxury rooms and such for overnight stay while some hotels are only for dining. You have to decide what kind of hotel you want to open because you have to make investment and business plan for the type of hotel you will open.
Space Required To Open A Hotel
As you all know the hotel is opened in very big space. You must have a lot of space to open a hotel. How much space is required to open a hotel is determined by how many people you want to keep the capacity of your hotel. If you keep the capacity of only limited people then you can start your hotel in less space also. But if you will arrange food for hundreds of people together, then for this you will need many acres of space.
Investment required to open a hotel
Come friends, now let’s talk about how much investment will have to be made to open a hotel? Friends, as you all know, a lot of money is needed to open a hotel. If you have your own land, then you will not have to buy land, which will save you some money. But if you take the land on rent then you have to pay the rent of the land also. You will have to prepare the structure of your hotel, get it decorated, arrange furniture and pay the employees. Overall, you will need around Rs 5000000 to open a medium level hotel.
License required to open a hotel
Friends, if you want to open a hotel, then you have to take the necessary license for this. First of all you have to get NOC of Police Administration of your area and along with this you have to get license from Food Department FSSAI also.
Documents required to open a hotel
If you want to open your own hotel then you must have some documents for that. The list of documents required to open a hotel is given below.
- pan card
- Aadhar card
- bank account statement
- Passport size photo mobile number
- GST registration
- Business registration
Profit margin in hotel opening business
Some people think that there is very little profit in doing hotel business but it is not so at all. You cannot even imagine how much profit you will make after opening a hotel. If you do marketing of your hotel well and a lot of customers start coming to your hotel then you will get profit of lakhs of rupees.
Friends, this was a little information for you today. Today in this article we told you how to start hotel business? What are the documents and process required to open a hotel? I hope you liked this information.