Overview
* User friendly, practical and informative - written by industry experts; * Provides a clear toolkit and action plan for those looking to make the leap into ownership - from getting the finance in place to successfully marketing and staffing the business; * Case study examples with practical advice from industry experts who have done it' themselves. Hotel keeping is an arduous profession. It needs technical, managerial, marketing and economic expertise; what’s more, it demands total commitment. This book provides the complete purchasing toolkit. It removes all the complications and mystique and guides readers around the pitfalls of ownership, saving much heartache and expense. 'How to Buy and Manage Your Own Hotel' takes readers step by step from the time of their initial interest in buying a hotel to the day they take over – and beyond. Complete with sound bites and advice from industry experts who have first-hand experience of ownership, it unravels the purchase process - and much, much more: * Why location is key – and how to use the business agent to maximum effect; * What type of hotel to buy – and where; why franchising is so important; * Raising the finance and the critical importance of understanding the accounts; * Why good marketing will dictate your success - and how to take advantage of social media; * How to lead, motivate and communicate with your staff – your biggest challenge!
Full Product Details
Author: Miles Quest (Managing Director of Wordsmith & Company, and past editor of Caterer Magazine. .) ,
Peter Nannestad (Managing Director of Hospitality Business Improvement Management Consultancy, UK and hotelowner)
Publisher: Goodfellow Publishers Limited
Imprint: Goodfellow Publishers Limited
Edition: New edition
ISBN: 9781910158210
ISBN 10: 1910158216
Pages: 244
Publication Date: 10 June 2015
Audience:
College/higher education
,
Professional and scholarly
,
Tertiary & Higher Education
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: In Print
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Reviews
Make sure you read this book before you take the next step Harry Murray, Chairman of Lucknam Park Hotel, Wiltshire A fabulous read and a must for all those looking to invest in a new and exciting future. Simon Longworth, Managing Director, Regent Hotel, Doncaster
Make sure you read this book before you take the next step Harry Murray, Chairman of Lucknam Park Hotel, Wiltshire A fabulous read and a must for all those looking to invest in a new and exciting future. Simon Longworth, Managing Director, Regent Hotel, Doncaster
""Make sure you read this book before you take the next step"" Harry Murray, Chairman of Lucknam Park Hotel, Wiltshire ""A fabulous read and a must for all those looking to invest in a new and exciting future."" Simon Longworth, Managing Director, Regent Hotel, Doncaster
