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How to start a hotel management company 24th June, 2024 In this article The hospitality industry is a dynamic and thriving sector that presents plenty of opportunities for aspiring entrepreneurs. Starting a hotel management company is one of those and can be both rewarding and lucrative.
This involves estimating construction costs, operating expenses, revenueprojections and return on investment (ROI) calculations and identifying potential risks and opportunities. They then devise financing strategies to secure funding for the project to cover these costs and contingencies.
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