Is it profitable to open your own mini-hotel
When making a decision to open your own hotel, you should pay attention to some points.
Firstly, it is necessary to clearly understand whether such a real estate object is needed in this region and whether the planned costs will pay off in the future. Secondly, it is necessary to take into account such a moment as the need to repair or reconstruct a building or construction. Here you need to calculate not only the necessary costs, but also find a company that will engage in this work.
It is necessary to determine the specific type of activity and services that will provide this hotel. Do not act at random on the principle of “first we will build, and then we will see what will come of it”. Such actions lead to a complication of the building classification procedure and in the future problems may arise.