A Bnb is a small lodging that offers overnight accommodation and offers typically breakfast which is included in the tariff. Based on the European tradition of hospitality, traditional Bnbs are usually incorporated into the family home. However, the definition has now expanded to include self-contained accommodation and cottage rentals. The accommodation can range from a room in a private house with shared facilities to a luxury holiday cottage with multiple bedrooms.
Startup costs of Bnb:
It is essential to calculate renovation costs when making a business plan for your Bed and Breakfast. Many of these expenses will be tax deductible as will ongoing costs such as electricity, council rates and repairs to the property. An astute business owner will not overcapitalize, instead of making use of existing features then renovating when there is a good cash flow. Calculate what your return on investment (ROI) will be and how many years it will take to return a profit. It might be necessary to supplement your B&B income in the short term.
Features of a good bed and breakfast inn:
Bed and breakfast inn should be well furnished, clean and tidy and with modern amenities. A location close to local attractions and areas of natural beauty will increase your rate of inquiries. Good B&Bs should have separate off-street parking, air-conditioned rooms with ensuite bathroom and TV/DVD/CD player. A guest lounge where all guests can relax, chat and play games is a definite advantage. To meet the expectations of today’s travelers, B&Bs should have a wireless internet connection (wifi) available.
Providing excellent customer service:
A successful Bed and Breakfast will provide a welcoming atmosphere where the guest will feel relaxed and well looked after. The ability to handle emergencies, flexibility, and good communication skills are essential. Always respond to email inquiries promptly and answer the phone with a smile. The breakfast menu should be varied, offering healthy food with options for individual preferences such as gluten and wheat free diets. Towels and linen must be spotless and rooms serviced daily. Always look for opportunities to exceed your guests’ expectations by providing extra services such as fresh flowers in the guest rooms, restaurant bookings, ordering taxis and providing extra meals on request. A good local knowledge with brochures and advice on tourist activities will ensure your guests recommend you to their friends.
How to promote your Bnb:
Promote your Bnb by sending regular ads to your local tourist organization. Build your credibility with the local community and business groups by attending local functions and community events. An online presence is essential with a well-designed website linked to local tourist directories. Prepare media kits with details of your bed and breakfast – reservation information, rates, photos of guest rooms and local attractions.
Gurgaon Bnb has emerged as a bustling suburb with new business and companies entering it on a daily basis. It is truly emerging as a cultural and commercial hub. This is the reason that many people come to visit Gurgaon on business or for pleasure. Most of the people visiting Gurgaon usually stay in hotels, but they can be quite expansive. Another alternative can be a guest house. However choosing a right guest house is important, here is a guide on how to choose the guest house in Gurgaon.
But just like anything else there are risks for staying at Airbnb too. Take a look at this video from Adam Ruins Everything to find out what they are:
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