Owning and running your own tourist accommodation business can be very rewarding. There are a number of things you should consider before starting.
Accommodation providers use similar skills and principles to entrepreneurs in the rest of the business world, and their businesses are equally demanding.
If you are interested in setting up a tourist accommodation business your chances of success will depend on how resourceful you are. You must be committed to providing excellent customer service and a memorable visitor experience. By providing enhanced facilities, amenities and additional services, you are more likely to obtain a higher occupancy rate for longer periods and generate profits. You will need drive and determination.