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Bed & Breakfast
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<blockquote data-quote="millstreaminn" data-source="post: 1327579" data-attributes="member: 4844"><p>As a hotel owner, I can add a few things. We are rated the #1 hotel for our area on TripAdvisor. The #1 B&B in our area also gets excellent comments. I think to operate a successful B&B, it would be best to be in a location that gets lots of tourists. It seems a fair percentage of tourists prefer B&B, but almost all business people prefer a hotel. </p><p></p><p>If you are competing with a nice hotel in your area, do everything the hotels do. Heat and A/C every room, tv in every room, refrigerator and microwave in every room, blanket your property with free wi-fi, accept credit cards, offer free long distance calls, electronic locks on the doors (regular door keys can be duplicated and nervous guests will complain), offer your guests a "If you're not happy, you don't pay" guarantee. We offer that guarantee to our guests and have never felt anyone abuses it. We have 90 rooms and maybe refund 10 people per year. </p><p></p><p>Most hotel rooms and B&B's in my area rent for around $100.00 per room per night. The B&B should net 35-40% of their gross. </p><p></p><p>Any other specific question- just ask. :tiphat:</p></blockquote><p></p>
[QUOTE="millstreaminn, post: 1327579, member: 4844"] As a hotel owner, I can add a few things. We are rated the #1 hotel for our area on TripAdvisor. The #1 B&B in our area also gets excellent comments. I think to operate a successful B&B, it would be best to be in a location that gets lots of tourists. It seems a fair percentage of tourists prefer B&B, but almost all business people prefer a hotel. If you are competing with a nice hotel in your area, do everything the hotels do. Heat and A/C every room, tv in every room, refrigerator and microwave in every room, blanket your property with free wi-fi, accept credit cards, offer free long distance calls, electronic locks on the doors (regular door keys can be duplicated and nervous guests will complain), offer your guests a "If you're not happy, you don't pay" guarantee. We offer that guarantee to our guests and have never felt anyone abuses it. We have 90 rooms and maybe refund 10 people per year. Most hotel rooms and B&B's in my area rent for around $100.00 per room per night. The B&B should net 35-40% of their gross. Any other specific question- just ask. :tiphat: [/QUOTE]
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