Hotel Management Business Plan

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Do this to obtain an honest optimistic review of your company and its ability to manage hotels.

Market the management company using the existing hotel as an example of your ability.

Then, list each hotel that competes with you for business in your local area.

Include each of their strengths, weaknesses, occupancy rates and market share.

If you are planning on starting a hotel management company you must have the education to use as a resource and reference.

Having a degree from a four year institution will help win future clients and contracts.

According to the United States Bureau of Labor Statistics, the hotel industry is expected grow by 5 percent between 20.

Like any business, starting a hotel requires careful research and planning before opening.

Once you have your business plan and the actual business licensed and ready, you can go after getting your first client.

Go to the owners of the hotel you are managing with a proposal.

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