So, part of our strategy for entering the market is to leverage on pricing in gaining a good percentage of the available market. leading the development and implementation of the overall organization’s strategy, Responsible for fixing prices and signing business deals, Responsible for providing direction for the business, Responsible for signing checks and documents on behalf of the company, Evaluates the success of the organization, Responsible for overseeing the smooth running of HR and administrative tasks for the organization, Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products, Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs, Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations, Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments, Defines job positions for recruitment and managing interviewing process, Carries out staff induction for new team members, Responsible for training, evaluation and assessment of employees, Responsible for arranging travel, meetings and appointments, Oversees the smooth running of the daily office activities, Responsible for managing the daily activities in the boutique hotel (kitchen inclusive), Ensures that the boutique hotel facility is in tip top shape and conducive enough to welcome customers, Ensures that the kitchen facility is in tip top shape and conducive enough to prepare meals for different classes of people, Interfaces with third – party providers (vendors), Attends to Customers complains and inquiries, Prepares budget and reports for the organization, Handles any other duty as assigned by the CEO, Responsible for planning and overseeing building work/renovation, Responsible for allocating and managing space within buildings, Responsible for managing building maintenance activities, Responsible for coordinating cleaning, catering and parking services, Responsible for organizing security and general administrative services, Ensures that facilities meet government regulations and environmental, health and security standards, Advises on energy efficiency and cost-effectiveness, Supervises multi-disciplinary teams of staff including maintenance, grounds and custodial workers, Prepares all the foods and desserts that are listed in the menu as supervised by the kitchen supervisor, Responsible for carrying out all casual or unskilled jobs in the kitchen, Handles any other duty as assigned by the manager, Manages external research and coordinates all the internal sources of information to retain the organizations’ best customers and attract new ones, Models demographic information and analyzes the volumes of transactional data generated by customer purchases, Identifies, prioritizes, and reaches out to new partners, and business opportunities et al, Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects, Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients, Develops, executes and evaluates new plans for expanding increase sales, Documents all customer contact and information, Represents the company in strategic meetings, Helps to increase sales and growth for the company, Responsible for preparing financial reports, budgets, and financial statements for the organization, Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions, Responsible for financial forecasting and risks analysis, Performs cash management, general ledger accounting, and financial reporting, Responsible for developing and managing financial systems and policies, Ensures compliance with taxation legislation, Handles all financial transactions for the organization, Serves as internal auditor for the organization, Interact with customers; take orders for drinks, food and snacks, Check identification of the guests to make sure they meet age requirements for purchase of alcohol and tobacco products, Mix ingredients to prepare cocktails and other drinks, Mix drinks, cocktails and other bar beverages as ordered and in compliance with hotel standard drink recipes, Assist in the movement of cooking utensils, plates, spoons and other relevant wares, Promptly attends to customers in a friendly and professional manner, Ensure that customers order is properly taken and delivered, Handle any other duty as assigned by the Chief Operating officer / hotel manager, Responsible for cleaning the rooms, kitchen facility and all around the hotels at all times, Responsible for washing cooking utensils, plates, spoons and other relevant wares, Ensure that toiletries and supplies don’t run out of stock, Clean both the interior and exterior of the boutique hotel facility, Handle any other duty as assigned by the hotel manager, Meals (Local Delicacies, Chinese cuisines, intercontinental cuisines et al), Open our boutique hotel in grand style with a party for all, Introduce our boutique hotel by sending introductory letters alongside our brochure to traveling agencies, corporate organizations, schools, event planners, wedding planners, households and key stakeholders in Las Vegas – Nevada, Make use of attractive hand bills to create awareness and also to give direction to our boutique hotel facility, Create different packages for different category of clients in order to work with their budgets and still deliver quality accommodation and services. This preview shows page 1 - 3 out of 20 pages. In setting up any business, the amount or cost will depend on the approach and scale you want to undertake. Safe Havens® Boutique Hotel is launching a standard boutique hotel that will indeed become the preferred choice of individuals, families and corporate organizations in Las Vegas – Nevada. If all of these factors are missing from a business (company), then it won’t be too long before the business would close shop. They are located in fashionable urban settings, and embody a stylish and contemporary design aesthetic that is unique, charming and often quirky. A Sample Boutique Hotel Business Plan Template 1. In recent time, the Boutique Hotels industry has experienced steady growth as several consumer trends supported demand for the services offered by boutique hotels. 2!! In this article, we will be considering all the requirements for starting a hotel business. Our product and service offerings are listed below; The success of any business is to a large extent dependent on the business structure of the organization and the people who occupy the available role. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner. Being able to confirm that you have the necessary background to make a business boutique for your hotel by providing the relevant certificate is also a hotel advantage for can contribute to a plan outcome of your financing interview. A draft that describes the set plans and objectives for setting up a boutique business called boutique business proposal. We are in the Boutique Hotels industry to maximize profits and we are going all out to ensure that we achieve or business goals and objectives. We know that one of the ways of gaining approval and winning customers over is to offer our services and amenities a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. The executive planning of sample hotel business plan templates aims to investigate the feasibility, construction costs, and risks involved in constructing hotels. We also took it further by analyzing and drafting a sample boutique hotel marketing plan template backed up by actionable guerrilla marketing ideas for boutique hotels. objectives! This draft is a very essential document that is helpful in starting a boutique business and it should address all the necessary and important issues including the location, the targeted customers and range of clothes to be offered by the boutique. Our mission is to deliver reliable, genuine, caring and excellent services superior to what our competitors can offer in any location where our boutique hotel will be situated and to ensure that our boutique hotel enjoys over 90 percent occupancy in most parts of the calendar year. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the Boutique Hotels industry; and they will be more committed to help us build the business of our dreams. It also describes the hotel as a business, its recorded history, as well as its financial projections and information. Boutique hotels … We will also give good working conditions and commissions to freelance sales agents that we will recruit from time to time. the!existingbusiness! All academic and business writing simply has to have absolutely perfect grammar, punctuation, spelling, formatting, and composition. The fact that we want to become a force to reckon with in the hospitality industry means that we will provide our guests with fitness room, social room, self-service laundry room and business center; for the purpose of business or leisure and more. Hotel Business Plan Template. BUSINESS PLAN. The subject hotel’s primary competitors comprise three 3 hotels, the 97-room Opus Hotel, the 83-room Wedgewood Hotel, and the 376-room Four Seasons. We are conveniently located in the worlds headquarter of casinos and games. With that, we know that we will be able to consistently achieve our set business goals, increase our profitability and reinforce our positive long-term relationships with our clientele, partners, and all our employees as well. This is because of the many technical areas that may likely appear gray. Boutique Hotel Financial Model Excel Template. Safe Havens® Boutique Hotel will be equipped with a business center and a VIP lounge, a Fitness room and a self-service laundry which will be made available for resident guests at no extra cost. In all that we do, we will ensure that our guests leave with an unforgettable experience that will make them want to come back as well as recommend our boutique hotel to their friends, family members and business partners. For example, during summer or during any major sporting events or business summit, most hotels in Las Vegas are almost fully booked. The Boutique Hotels industry comprises of intimate, luxurious and fashionable hotel environments that feature unique architecture and design. These are the key areas where we will spend our start-up capital; We would need an estimate of $500,000 to successfully set up our boutique hotel in the United States of America. A few popular business ideas that the business sector has seen growth in the past few years have been restaurants, home-based businesses, and boutique hotels. How to Create a Hotel Business Plan URBAN BOUTIQUE HOTEL „ CAN BORDOY“ Palma de Mallorca Hotel Business Plan & Project Study Period: 2014 – 2020 RENOVATION OF A TOWN PALACE AND FUTURE USE AS LUXURY BOUTIQUE HOTEL … In view of that, we are in business to offer our boutique hotel services and amenities to the following groups of people and businesses; A close study of the hospitality industry cum boutique hotel industry reveals that the market has become much more intensely competitive over the last decade. Business Plan Hotel Somnium *** S. Gallardo, M. Tanner, 21/05/2010 Page 8 of 59 D. Schiesser, O. Ivisic location and the travellers’ need of accommodation in order to ensure a prosperous future. We intend achieving this within a year of launching the business. As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more. We are well prepared to make profits from the industry and we will do all that is permitted by the law in the United States to achieve our business goals, aim and ambition. Just choose a business plan template and download it. We are quite aware that there are several boutique hotels, hotels and motels all over Las Vegas – Nevada and even in the same location where we intend locating ours, which is why we are following the due process of establishing a business. This paper assignment was prepared for course International Business -MBA Degree - in June, 2004. Safe Havens® Boutique Hotel will provide a conducive environment for our customers to take a break from their busy days, and a place where they can find comfort and luxury. 3! So let’s proceed to the business planning section. 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