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So You Want to Buy a Small Hotel! |
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A Guide by Joanne
Muller. Writers Club Press 2001 So You Want to Buy a Small Hotel
This book is essentially a guide to finding, buying and running your own small hotel. It’s written from personal experience. I’ve owned my present hotel for eight years and have spent time in the past working in large hotels. This is not a serious exposition. It’s not intended to be academic and dry. It can hardly be that, writing from personal experience! Rather, it’s informative and readable. I’ve used a very personal style and tried to ‘chat’ with the reader as I take him or her through each chapter. I’ve tried to spice-up the blandness of a ‘how to book’ with anecdotes of hotel life as it really is. This is a world where one has real eyeball to eyeball contact with the guests. I’ve tried to bring out the humour of these occasions. For all that, the reader, whom I assume really does want to buy a hotel, will be much better informed of how to go about buying and running his own small hotel. I’ve had a few budding new hotel enthusiasts question me closely about how my husband and I do it. I’ve used their questions as a basis for many of the points I make. The reader should benefit from my experience! There are seventeen chapters. Here is a brief account of each:
The various permutations of breakfast and what we do. Realising that anything the guests do is normal.
(Copyright © Joanne Muller 1998) by Joanne Muller We bought some shares in a diamond mine last year and the blurb in one of the financial magazines said ‘not for the faint-hearted.’ In so many ways that could apply to the hotel business! Some people fall into the hotel business through redundancy, some the need to earn a little more towards life’s little luxuries (otherwise known as pin money). Some to retire! Some just think it would be fun. To others it’s a vocation. We didn’t altogether ‘fall’ into it. We had considered it many years ago but then it got put onto the back burner. However, twelve years ago we returned from living in South Africa with most of our money whittled away by a dwindling exchange rate. We investigated many business ideas, taking into account our young family, our interests and qualifications. Charles had left a good position as Professor and Head of an English Department at a University in South Africa. I had been a housewife for such a long time that this was my only ‘qualification,’ apart from office skills long forgotten. We looked at franchises and came very close to joining one or two (we actually gave one our deposit twice and bailed out at the last moment) but the fact that we had to share our hard-earned money with a franchisor sort of got to us. Some of the franchises we looked at have actually gone bust and so have one of the businesses we’d considered. When we look back we realise we made the right choice . The hotel has been a good little business, not intellectually challenging, but we’re still here and the place is in much better shape than when we bought it eight years ago. And in spite of the occasional frustrations, it has certainly rewarded us with a lifestyle that many salaried nine-to-five folk might envy! I’ve tried in this book to give a truthful account of how it is for us. One has to be realistic, of course. After all, even roses have thorns. No pain, no gain! Hopefully, after reading this you’ll have a clearer idea of what it’s really like and whether running a small hotel is for you. (Copyright © Joanne Muller 2001)
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