If you have always had a dream of owning your own hotel or guest house and you have finally collected enough of money to start work on it, you will have to begin your project by taking at least a few months to do a lot of research on the market to find out who your target market is and what you would like to do with the hotel. There are extremely luxurious hotels that cost a lot of money and then there are backpacker hotels that do not cost much money and therefore, you will need to have a clear understanding of what you would like to achieve with the hotel. You will also need to decide who you intend on attracting with your hotel and your pricing will need to depend entirely on this.
Choose a location for your hotel
You will have to go location hunting first and for this alone, you will have to dedicate a few months. Having a hotel on a hill can be an amazing idea because it will have an amazing view and you will be able to give your guests an experience of a lifetime with the cool breeze and the atmosphere. Of course, with a hotel on a slope or a hill, you will need to invest some extra money in retaining walls to keep the foundation solid and to prevent any danger. The only problem with building on hills is that with severe weather, there can be landslides that can cause the structure to collapse which is why you will have to hire experts when you are building the structure as you will need to maintain safety and get it safety certified.
If you are going to have a pool, you can have glass pool fence in Gold Coast which will be extremely beautiful on a hillside. You will of course need to find out the prices of all of these things and budget for them.If you do not have the money in hand to build the whole thing, you can consider getting it done in stages. You can start with as low as two rooms and start giving them out on rent and collect more money for the rest of your project with time. If you are going to be targeting foreigners and tourists, you will need to advertise your hotel in their travel magazines overseas and if you are going to be targeting locals, you can do so on social media without having to spend much money. You can also find various social media groups for travelers to your country where you will be able to advertise your hotel.