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thinking of opening a small botique hotel #347138
08/04/09 02:15 PM
08/04/09 02:15 PM
Joined: Aug 2009
Posts: 8
J
jane&john Offline OP
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jane&john  Offline OP
J
Where would you recomend that we do it? We would also like to open a restaurant along side of it. We're thinking 10 rooms for the hotel and a 40 seat rest/bar Any info would be greatly appreciated

Tks

Jane and John


Re: thinking of opening a small botique hotel [Re: jane&john] #347157
08/04/09 05:35 PM
08/04/09 05:35 PM
Joined: Feb 2007
Posts: 1,740
Las Vegas, NV
deadserious Offline
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deadserious  Offline
I would think it would be a smarter path to start by purchasing one that is already for sale. You have the advantage of an established clientèle and brand plus an understanding of the past occupancy records.


Now back to your regularly scheduled drivel...
Re: thinking of opening a small botique hotel [Re: jane&john] #347158
08/04/09 05:37 PM
08/04/09 05:37 PM
Joined: Apr 2005
Posts: 1,435
Caye Caulker
Cooper Offline
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Cooper  Offline
Oh my...have you talked to the hotel and bar owners here,,things are not good..with the overbuilding of rooms and more going up..room count has about doubled in the last 2 yrs.tourist count has not,.and most bars are empty,,at this time I would really do some research.....just a handful of places are breaking even right now.


LONELY PLANET SAYS TOURIST LOVE OUR ART. BEST PRICES ON ART.
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Re: thinking of opening a small botique hotel [Re: Cooper] #347177
08/04/09 07:29 PM
08/04/09 07:29 PM
Joined: Oct 2000
Posts: 21
varies
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Nate Offline
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Nate  Offline
N
Most new buisnesses in Belize fail. Many because they ignored The Cardinal Rule of "moving to Belize". That rule is "Live here for at least one year before investing a nickel".

Re: thinking of opening a small botique hotel [Re: Nate] #347193
08/04/09 09:08 PM
08/04/09 09:08 PM
Joined: Feb 2008
Posts: 140
T
Texican Offline
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Texican  Offline
T
Mind you, a Botique hotel must have the requisite SPA

Re: thinking of opening a small botique hotel [Re: Texican] #347200
08/04/09 11:05 PM
08/04/09 11:05 PM
Joined: Jan 2007
Posts: 395
Arizona
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beachbumin Offline
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beachbumin  Offline
B
Twas the best of times, twas the worst of times.....depends on who you are, who you are related to and how good is your crystal ball (how big is your bank account) Read and reread, Don't Stop the Carnival. It ain't easy, but it is memorable. Enjoy.

Re: thinking of opening a small botique hotel [Re: Texican] #347203
08/05/09 07:30 AM
08/05/09 07:30 AM
Joined: Aug 2009
Posts: 8
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jane&john Offline OP
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jane&john  Offline OP
J
SPA?

Re: thinking of opening a small botique hotel [Re: Cooper] #347204
08/05/09 07:31 AM
08/05/09 07:31 AM
Joined: Aug 2009
Posts: 8
J
jane&john Offline OP
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jane&john  Offline OP
J
Thats why i'm here to hear the pros and cons

Re: thinking of opening a small botique hotel [Re: jane&john] #347206
08/05/09 07:38 AM
08/05/09 07:38 AM
Joined: Aug 2009
Posts: 8
J
jane&john Offline OP
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jane&john  Offline OP
J
i know that it is not a good time to start this kind of venture. All tourism world wide is down. But i think as the resession end Belize will become a HOT spot for toursim. It is a majical place

Re: thinking of opening a small botique hotel [Re: jane&john] #347207
08/05/09 07:54 AM
08/05/09 07:54 AM
Joined: Apr 2005
Posts: 1,435
Caye Caulker
Cooper Offline
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Cooper  Offline
Very true...if you have the financing to get her done and sustain yourself for several years..it is a magical place to be. On the other hand if you have that kind of money perhaps you should sit back and enjoy the place for a year first..seems the longer you are here the more doors open up. From long term rentals to land for sale..


LONELY PLANET SAYS TOURIST LOVE OUR ART. BEST PRICES ON ART.
http://debbiecooper.artspan.com/
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