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Everything you need to know about resort development

Les Roches

Resort development is a complex discipline, requiring meticulous planning, strategic design, procurement, construction, operations and marketing. This involves estimating construction costs, operating expenses, revenue projections and return on investment (ROI) calculations and identifying potential risks and opportunities.

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How to Start a Hotel Business

Xotels Hotel Revenue Management

Be prepared to add the following fees to your budget: Initial fee. Build-out / Construction of the Hotel. The Planning: From Start to Finish 0-1 months: Grand Opening: Do not put your entire marketing budget in the grand opening. This should start the day the first construction is initiated. Royalty fees. Marketing fee.