If you more or less own such amounts, then you can safely start designing a hotel.
You need to complete the following steps:
Search for a site to build a hotel or search for a building to renovate. At this stage, you need to estimate the cost of the site and the construction of real estate.
Connection of communications, registration of documents, approval.
Concept development. To do this, we are preparing the overall architectural and design concept of the hotel. Then we think about the content — what service, what services will be in it. Prescribe a business plan. At this stage, usually up to 10 million rubles are already spent.
Calculation of the planned yield. For this purpose, the source data is taken — the number of rooms, the average cost of a day, additional services, etc.
Building construction and repairs. The cost of engineering structures can be up to 40% of the total cost.
Equipment. We have already told you what you can save on when completing the hotel. Its cost depends on the level of the hotel. usually, an investment project does not require more than 500 thousand rubles. But here you need to understand that everything depends on the star rating of the hotel. For example, on average, one room in a 3* hotel costs up to 400 thousand rubles.
The design of the business. You need to register a business. For a mini-hotel, a regular sole proprietor is suitable, and for a large hotel holding — LLC.
Search and training of personnel. For a mini-hotel, 3 administrators, a Manager, and 2 maids are enough, while the rest of the departments can be outsourced.
Opening of the hotel. To help guests find you, place information about the hotel on Booking and other booking systems. Then, you can develop a blog in social networks and promote your personal hotel website.