Business Plan Of Hotel

Business Plan Of Hotel-13
In-depth technical skills in a variety of disciplines such as financial analysis, sales and marketing, latest technology, and managing growth are critical components in assessing a company's opportunities and risks. has developed this disciplined planning methodology to help the company anticipate its start-up costs and other critical information to arrive at this realistic plan. Blackburn has sought legal assistance and advisors to develop the Seven Elms Resort concept. is the creation of and funding of an adult couples' 17-room hotel, specializing in a "getaway" atmosphere to provide relaxation and recreation in the Greater Benzie County/Lake Michigan area.Steve will maintain an active management involvement in every aspect of daily resort operations. Management is soliciting commercial finance partners who share its vision and desire to participate in this exciting business opportunity in the resort community of Benzie County, Michigan.Investors want to see that you understand the current state of the hotel industry.

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We are seeking funds to develop and expand the business in a phased approach, as highlighted within this document. Blackburn, has an extensive business background, including over 14 years of experience developing a variety of businesses. A well-written business plan is primarily a communication tool used to obtain financing.

Desiring to return to his own business, he wishes to establish Seven Elms Resort, Inc. The foundation for the plan is a combination of primary and secondary research, upon which the marketing strategies are built.

For example, one segment you might target is middle-aged men who travel for business.

Another may be young couples who are looking for honeymoon destinations.

This plan successfully raised capital for property acquisition, renovation, and company start-up related costs. Discussions and interviews were held with a variety of individuals involved with other similar businesses to develop the proforma data, review the market potential, and competitive situation.

Moderately priced between the high-line hotel properties and the older motel strips, Seven Elms Resort shall fill an affordability niche not presently available in Benzie County. Seven Elms Resort shall specialize in meeting an individual or couple's needs.

This includes several components, including your mission statement and objectives.

A mission statement is a single sentence that describes why you are in business, such as, "To be the hotel with the highest level of service in the industry." Your objectives are the things you hope to accomplish with your hotel business, such as, "Maintain a 75 percent occupancy rate throughout the year." The next part of your hotel business plan is to provide an analysis of the hotel industry.

Of the 18 rooms, 3 are executive suites, with Jacuzzi tubs, and one of them will be converted to an onsite manager's apartment.

Each room has individual climate control, direct-dial phones, and televisions.

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