Unlocking Your Business Potential
One of the most dynamic and quickly-paced businesses in the world is the food and beverage sector. It is crucial to have competent workers because there is a constant desire for excellent food and service. The basic food and beverage service that clients receive is the duty of a Level 1 Food and Beverage Attendant, … Read more
Is it hard to run a pub? We won’t lie, running a pub is hard work, but it also offers excellent business opportunities as well as the chance to be your own boss. So, what are the pros and cons of taking on a pub tenancy? A pub tenancy has the lowest entry costs and … Read more
How do hotels grow business? 10+ effective ways to increase hotel revenue and sales Build a road map. Segment your target market. Sell the experience over the transaction. Maximize online reach with a Channel Manager. Build your direct channel with a Booking Engine. Partner with local businesses. Try dynamic pricing. Get mobile-friendly. Read more on … Read more
Is running a motel profitable? Profits for motels can be substantial, especially if the demand is high. Room rates can conceivably triple during major events and peak tourist season. However, average profits have fallen in the last few years for motels from around 35% to 25%. Read more on howtostartanllc.com Owning and operating a motel … Read more
An accommodation type that offers a room for the night and breakfast the following morning is referred to as a guest home, pension, or bed and breakfast (B&B). These places are typically more intimate than hotels and provide visitors with a more tailored experience. However, a lot of individuals question the financial viability of hotels. … Read more
Are motel owners rich? The profit, or the money you get to take home, is the money that’s made after all the business expenses are paid off. While the industry is pretty tight-lipped about it, it’s estimated that the average profit turned by a hotel chain owner is between $40,000 and $60,000 per year (source). … Read more
Can Airbnb Host kick you out? Instead, let this serve as a reminder that we are living in an age of non-traditional services – be that via rideshare, home sharing, bike sharing and so forth. That means, as it stands now, anyone has the right to kick you out of their car, house or apartment … Read more
How much does a motel owner make? Using an inflation calculator, we estimated that in 2021 dollars, owners of a hotel chain can expect to earn, on average, around $49,000 – $74,000 per year. To put that into perspective, the American middle class consists of those earning between $48,500 and $145,500 per year. Read more … Read more
What type of business is hotel? Put simply, the hotel industry is the section of the service industry that deals with guest accommodation or lodgings. By most definitions, the hotel industry refers not only to hotels, but also to many other forms of overnight accommodation, including hostels, motels, inns and guest houses. Read more on … Read more
How do you work at a bar? Here’s some of our best tips for new bartenders to make your first shift a breeze. Tip 1: Learn the Bar (ask questions!) Tip 2: Be Resilient. Tip 3: Avoid Excessive Conversation. Tip 4: Collect Orders, Then Serve. Tip 5: Keep Busy. Tip 6: Remember to Clean. Tip … Read more