Running a hotel can be a challenge, but it can also turn into a very profitable business if you do it right. A lot of people might have dreams of running an independent boutique hotel, particularly one that is located in an exciting city or surrounded by rolling hills and gorgeous landscapes. However, you first need to find a property to transform into your hotel, and this will take a lot of time and money. If you have prepared your business plan and are ready to start viewing potential properties to turn into your hotel, here are some things to think about when it comes to renovations.
- The Larger the Property, The Better
Of course, the budget you have to spend on a property will affect how large it will be. Although, there will be other factors that affect the price, such as location, which is another thing to look out for. Nonetheless, the bigger the property for your hotel, the better. Not only will this allow you to have more guest rooms, but you will also need space for a kitchen, bar, reception area, and other amenities that will be attractive to your customers. Remember to factor in the size of the land that is included with the property, as this can also be used for extension or constructing other buildings on the hotel site.
- The Layout
Once you have found your property, you can start thinking more about the renovations that need doing. The first thing to do when you get to this stage is to plan the layout of your hotel. It needs to make sense so that your guests don’t get lost and can find what they need with ease. For example, there needs to be a clear entrance into your hotel and a reception area as they walk through those doors. A restaurant or bar area should also be on the ground floor where possible, with rooms on the upper floors where it will be quieter. Of course, this is a basic layout; yours might have to be adjusted according to your building’s requirements.
- Staircases and Elevators
You need to make sure that there are emergency exits located throughout the hotel so everyone can get out safely should these circumstances arise. Exterior fire escapes may need to be installed to accommodate this. When it comes to the interior staircases, if they are narrow, see if it is possible to widen them as this will make it easier for people to carry their luggage up and down. Equally, having elevators installed where possible is another key element to your renovation project. This will make your hotel more accessible for your guests. Contact elevator consultants to see if having one or more elevators installed in your building is feasible and to make sure they are safe to use.
Running a boutique hotel can be a very exciting business venture and finding the perfect property to transform into one can be a lot of fun, too. However, renovations will take time and can get stressful, so remember these 3 things throughout the planning process to help you get it right.