Overview

Whether dreaming of your very own guest house or remodelling a well-established business, success in hotels and hospitality requires a plan, and this book is packed full of practical advice to help you on your journey. This book offers philosophical perspectives, as well as taking a real-world approach to developing a hospitality business based around the 3P’s (Place, Purpose and Profit), utilising experience and expertise gained globally and offering useful practical insights into the successes. It looks at the methods and the psychology of decision making, communications, branding and marketing, as well as providing instruction on building a Profit & Loss account, appraising real estate opportunities, developing your project and asset managing your investment. These multidisciplinary approaches and often complex concepts are decoded into easily digestible segments. Written by a hotel and hospitality expert with around 30 years of global experience, this book offers hospitality entrepreneurs and practitioners an important guide on getting into and surviving in the hospitality business.

Full Product Details

9781003863175

Table of Contents

Reviews

“Nick’s book on creating successful hospitality businesses is a very welcome addition to the library. It not only reminds the reader of well-known (but oft-forgotten) common sense, but also provides interesting and invaluable background material, so that that common sense is based on macro- and micro-economic theory and practice. Nick’s work is sure to become essential reading for all.” Trevor Ward, International Society of Hospitality Consultant, Managing Director, W Hospitality Group, Nigeria ""Developing a Successful Hospitality Business is a deeply thoughtful guide for the investor seeking to make a meaningful impact in the complex world of hospitality. Nick’s many years of experience in guiding the successful delivery of hotels around the world and his ability to lead the reader along a path that is both methodical and engaging will become a ‘go to guide’ for anyone that is serious about succeeding in this sector."" Jo Upton, Member, Royal Institution of Chartered Surveyors ""Written in a manner that can and will help so many aspiring hospitality entrepreneurs who have the desire and the ideas, but not the knowledge of how to make them become a reality. Nick is sharing his incredible wealth of experience of both his corporate and personal acquisitions and there is a veritable mine of valuable information for the reader to help avoid the pitfalls that are lying in wait for both new and experienced entrepreneurs."" Charles Holmes, Fellow, Institute of Hospitality

“Nick’s book on creating successful hospitality businesses – safely – is a very welcome addition to the library. It not only reminds the reader of well-known (but oft forgotten) common sense, but also provides into interesting and invaluable background material, so that that common sense is based on macro- and micro-economic theory and practice. Nick’s work is sure to become essential reading for all.” - Trevor Ward ISHC, Managing Director, W Hospitality Group, Nigeria. ‘Creating Safe Spaces’ is a deeply thoughtful guide for the investor seeking to make a meaningful impact in the complex world of hospitality. Nick’s many years of experience in guiding the successful delivery of hotels around the world and his ability to lead the reader along a path that is both methodical and engaging will become a ‘go to guide’ for anyone that is serious about succeeding in this sector.' - Jo Upton, MRICS 'Written in a manner that can and will help so many aspiring hospitality entrepreneurs who have the desire and the ideas, but not the knowledge of how to make them become a reality. Nick is sharing his incredible wealth of experience of both his corporate and personal acquisitions and there is a veritable mine of valuable information for the reader to help avoid the pitfalls that are lying in wait for both new and experienced entrepreneurs.' - Charles Holmes FIH

Author Information

Nicholas Burton-Howat is a hotel and hospitality expert with around 30 years of global experience, in three main areas – hospitality operations, hotel real estate and management consulting. This experience along with a Master of Science in Banking and Economics and a Master of Business Administration in International Commerce, ensures a data-driven perspective across all areas. Regularly working in Africa, UK, and USA, Nick has delivered for clients including multinationals, UHNWIs and Sovereign Wealth Funds, as well as raising venture finance to acquire and transform a failing corporate hotel into a boutique success. Nick has also created an innovative co-working hotel concept and established a fund to finance its roll-out across Europe. Finally, he has conducted 150+ feasibility studies and development appraisals for major hotel brands in 45 countries.

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