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/biz/ - Business & Finance

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10772923 No.10772923 [Reply] [Original]

How profitable is owning a hotel?

>> No.10772962

>>10772923
Depends on where the hotel is located

>> No.10772964

Depends on the location

>> No.10773031

>>10772923
Almost all business is horrible. Don't open any business unless you have a major advantage.

>> No.10773110

>>10773031
>>10772964
>>10772962

fuck you guys

why do I even come to this shithole anymore

>> No.10773153

>>10773110

Ask dumb questions get dumb answers

>> No.10773169
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10773169

>>10773110

Why did you ever come here?

> Why do you ask about hotel ownership?
> Apply no logic
> Expect answers

Hotels is about land ownership. Ideally, the land appreciates in value. Have you consider what the occupant rate might need to be based off of your purchase price? Probably not.

Figure your shit out or don't come back.

>> No.10773185

>>10773110
I mean business are like German sport cars, they're money drains. If you want to establish a profitable hotel you first need a good location. A historical city, a beautiful landscape are a good start. But then you need to research the projection on the neighborhood it's in. You don't want to have a hotel in the middle of a gang dispute. Lastly you're going to have to find something that will make your hotel unique, because if you get the last few point correct. You'll face fierce completion with other hotels.

>> No.10773193

>>10773153
>>10773169

No I'm just going to shill scamcoins and post pictures of whores because that's all this board and you people are good for.

fuck you, I hope you die slowly in a fire

>> No.10773194
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10773194

>>10772923
only if you can force people to stay there

>> No.10773199

>>10773194
your pic is OP going back to wagecuck

>> No.10773228

>>10772923
So many factors to calculate this, nobody can awnser your general question.

What is price of the building?
Price of staff?
How many rooms?
Where are you located?
Country?
...

>> No.10773237

>>10773193
Have you read my post?

>> No.10773341

>>10773228

The building is paid for, assuming that would be an asset, not a cost. I'm thinking 50-75 rooms, near a heavy tourist center in the midwest United States

>> No.10773376

>>10772923
Is that that massive porn studio?
If so...no. Porn isnt profitable.

>> No.10773404

>>10773376

https://en.wikipedia.org/wiki/Calumet_Hotel_(Pipestone,_Minnesota)

>> No.10773440

>>10773341
>near a heavy tourist center in the midwest United States
Does it happen to be the Mall of America?

>> No.10773459

>>10773440
Nevermind didn't see this post until after I posted >>10773440

>> No.10773462

>>10773193

Sounds like you have some competition. Unless this is you.
https://www.pipestonestar.com/articles/ownership-change-pending-for-calumet-inn/

>> No.10773774

>>10772923
Lets just say that I stayed at an Airbnb for the first time when I went on vacation.

never staying at a hotel again.


- Cheaper
- Comes with more space and amedities.

>> No.10773807
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10773807

>>10773110