DETERMINING CLASS PREFERENCES
Hotel Investments are high cost investments. Right choices at the beginning of the investment will balance costs as well as provide profitability and strong investment. Hotels are held in different classes. City Hotels, Holiday Villages, Boutique Hotels, Health Tourism Facilities. Determining the right class will guide the future of all investment.
DETERMINING THE REGION TO BE INVESTED
It is also very important to make the right region selection after the class of the investment is determined. If a city hotel is preferred, it should be located in areas close to the Plaza, Shopping Center or the city center, or in the case of Holiday Village class, it should be close to the sea and leisure-oriented areas. Choosing the right region is very important for the stability of the investment.
PERFORMING SECTORAL TARGET GROUP ANALYSIS
The target audience is very important in terms of annual income and season selection. A group with high income should be selected for a 5-star facility or the mass with health needs for Health Facilities should be selected. Business and Foreign markets should research this aspect. The hotel's infrastructure, target and personnel recruitment should be made in accordance with the target audience.
DETERMINATION OF INVESTMENT COST
The cost of the investment should be directly proportional to the return and targeted profitability and quality. Nowadays, the return period of an investment made with the right choices varies between 12 and 16 years.
Considering these times, the right cost ratio, ie the Cost Benefit equation, should be applied to the right investment.
Otherwise, the profitability of the investment will decrease and the risk of loss will increase.
PERFORMING THE PRE-PROJECTS OF THE INVESTMENT
To be made
COMPLETION OF THE OFFICIAL APPROVALS OF THE PROJECT
IMPLEMENTATION OF THE PROJECT
COMPLETION OF THE EMPLOYMENT, FIXTURE AND EQUIPMENTS OF THE BUSINESS
CREATING A BUSINESS SALES NETWORK
OPENING THE BUSINESS TO THE PRE-SERVICE (TRIAL)
AUDITING THE BUSINESS AND IMPROVEMENT IMPLEMENTATION
OFFICIAL OPENING OF THE BUSINESS
DELIVERING THE BUSINESS TO THE INVESTOR
REVIEW OF THE CURRENT BUSINESS
CONVERSATIONS WITH THE STAFF
SUPERVISING THE BUSINESS FLOW AND REPORTING
MAKING THE SWOT ANALYSIS OF THE BUSINESS
PRESENTING THE SWOT ANALYSIS TO THE MANAGEMENT
MAKING SOLUTION DECISIONS
STARTING SOLUTION APPLICATIONS
CONFIDENTIAL CUSTOMER AND CONDUCT OF OPEN AUDITS
IMPROVEMENTS IF THERE IS AN INSPECTION RESULT
ISSUING IMPROVEMENT RESULT REPORT
DELIVERING THE BUSINESS
PERIODIC OR TIMELESS INSPECTIONS OF THE HOTEL
PROVIDING BUSINESS SERVICE TRAININGS
CORPORATE IDENTITY WORKS
AUDITING SOCIAL MEDIA CONFIGURATIONS
STRENGTHENING SALES AND MARKETING STRATEGIES
PERFORMING GENERAL COST ACTIVITIES
ANALYSIS OF FINANCIAL SITUATIONS AFFECTING PROFITABILITY
PERFORMING NEW INVESTMENT OR BRANCHING WORKS
SUPERVISION OF OFFICIAL INSTITUTIONS OF RESPONSIBILITY
INSPECTION OF BUSINESS DATA AND OPERATING SECURITY
SERVICE QUALITY INSPECTION