Studying the feasibility of a 5-star hotel project, hotels are one of the most investment projects that major investors and business owners invest their money because hotels, in general, are commercial and investment activities that can not be dispensed with in any country of the world
This is because the hotels provide many services to visitors and tourists and this makes the project of creating a hotel very profitable compared to many other projects, so it is necessary to carry out a feasibility study for such a type of project, especially if the feasibility study of a 5-star hotel project
The best-specialized company you can turn to prepare a full feasibility study for a successful and profitable hotel project is the company technology management consulting and providing feasibility studies, and this is what we will learn in the next lines.
5-star hotel project
The project is the establishment of a hotel with several layers, each floor of which includes different services, for example, there is a spacious hall to receive visitors and hold meetings and there is also the Royal Suite, in addition to a restaurant and a large coffee designed in the latest style and a sports gym, so a project such as a five-star hotel must prepare a feasibility study for it to ensure its success on the ground.
Services that must be available in the hotel project
Special suite PALVIP.
Gym and sauna.
A special hall for weddings and events is equipped at the highest level.
A lounge is suitable for meetings and seminars.
Feasibility study for a 5-star hotel project
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The feasibility study of a 5-star hotel project includes many stages or steps that must be implemented, in order to achieve success and the desired profit from the establishment of this project, and the most important stages of the study of the five-star hotel project are the following:
Choose the right site to create the project:
Choosing a location is one of the most important stages of a hotel feasibility study, so the owner of this project should look for a location that has all the following advantages if he wants to succeed in his project, the most important of which are the following:
It is necessary to choose an attractive location in one of the high-end areas where visitors and tourists flock, and it is preferable that the location is close to the sea and preferably if it is close to it.
You should choose a location supported by fast transport links as this attracts visitors greatly.
The location of the hotel must be completely safe from any risks.
The site should have all the basic resources such as water, electricity, gas, etc.
Provide the necessary labor for the hotel project it needs :
Secretary to record information and data about guests.
Crew to follow up on visitor and tourist bookings for rooms.
Staff is good at writing to write down the services offered by the hotel in addition to their prices.
Cooks for cooking tasks and preparing meals.
Provide maintenance workers to check the hotel conditions periodically.
An accountant must be present to audit the hotel.
A group of cleaners should be provided for cleaning the hotel, preferably divided into morning and evening shifts.
Good hotel marketing
Marketing and promotion of the hotel project are one of the important steps that the owner of the project earns more profits, and there are many marketing methods that the owner of the hotel project can rely on to promote the project and these methods are:
Advertise the hotel on TV.
Make printed advertisements and place them in places where tourists flock, such as airports.
The hotel must be registered on the sites concerned with hotel reservations because it is considered one of the best means of marketing for the hotel, because it offers you, customers, from different countries of the world.
Prefer to design a website for the hotel and work a distinctive system for reservations and payments electronically
Choose a distinctive name for the hotel that is easy for customers to pronounce and memorize.
Best specialized companies for feasibility studies
Technology company for management consulting and feasibility study is one of the best companies specialized in this field, which you can rely on to carry out a feasibility study of a 5-star hotel project, because it has a long experience and a professional team that qualifies it to be the best company to do feasibility studies for various commercial, service, industrial and other projects.
The technology company also provides other wonderful services that no business owner or investor can do without for his project to ensure its success with the actual steps, in addition to providing support services to the client so that he can understand the labor market and prove his presence on the competition arena.