Developing a Successful Hospitality Business

Whether dreaming of your very own guest house or remodelling a well-established business, success in hotels and hospitality requires a plan, and this book is packed full of practical advice to help you on your journey.
This book offers philosophical perspectives, as well as taking a real-world approach to developing a hospitality business based around the 3P's (Place, Purpose and Profit), utilising experience and expertise gained globally and offering useful practical insights into the successes. It looks at the methods and the psychology of decision making, communications, branding and marketing, as well as providing instruction on building a Profit & Loss account, appraising real estate opportunities, developing your project and asset managing your investment. These multidisciplinary approaches and often complex concepts are decoded into easily digestible segments.
Written by a hotel and hospitality expert with around 30 years of global experience, this book offers hospitality entrepreneurs and practitioners an important guide on getting into and surviving in the hospitality business.

Nicholas Burton-Howat is a hotel and hospitality expert with around 30 years of global experience, in three main areas - hospitality operations, hotel real estate and management consulting. This experience along with a Master of Science in Banking and Economics and a Master of Business Administration in International Commerce, ensures a data-driven perspective across all areas. Regularly working in Africa, UK, and USA, Nick has delivered for clients including multinationals, UHNWIs and Sovereign Wealth Funds, as well as raising venture finance to acquire and transform a failing corporate hotel into a boutique success. Nick has also created an innovative co-working hotel concept and established a fund to finance its roll-out across Europe. Finally, he has conducted 150+ feasibility studies and development appraisals for major hotel brands in 45 countries.