If you are planning to start a new hotel business, the first thing you will need is a business plan. Use our Eleven Palms - Hotel business plan example created using upmetrics business plan software to start writing your business plan in no time.

Before you start writing a business plan for your new hotel business, spend as much time as you can to reading through some samples of the hotel and restaurant business plans.

Reading some sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.

We have created this Eleven Palms - Hotel business plan example for you to get a good idea about how a perfect a hotel business plan should look like and what details you will need to include in your stunning business plan.

Hotel Business Plan Outline

• Executive Summary
  • Business Overview
  • Management
    • John Doe
  • Objectives
  • Mission Statement
  • Location and Facility
• Business Overview
  • Ownership
    • John Doe
    • Steve Cowan
    • Key Advisors to the Company
  • Corporate Development Plan
    • Phase I
    • Phase II
• Market Analysis
  • Economic Environment
  • Geographical/Competitive Environment
  • Legal/Political Environment
  • Technology Environment
  • Competitive Environment
    • High Line ($139-$750 per night, depending upon season)
    • Motel ($59-$119 per night, depending upon season)
    • Bed & Breakfast (B&B)
  • Market Research
    • Summary of Opportunities and Threats in the Environment
• Competitive Analysis
  • Competitive Advantage
  • Industry Keys to Success
  • SWOT Analysis
• Strategy & Implementation
  • Marketing Strategies
  • Target Markets - Consumer
  • Positioning and Product Strategy
  • Distribution Strategy
  • Pricing Strategy
  • Service and Support Philosophy
• Marketing Plan
  • New Business Segment
  • Publicity and Public Relations
  • Guest Reward Programs
  • Advertising
  • Marketing and Promotion Budget
  • Evaluation & Control Strategies
• Financial Plan
  • Project Funding Summary
  • Phase 1 Funding Amounts Sought
  • Financial Plan Assumptions
  • Income Statement Projections
  • Balance Sheet
  • Cash Flow Projections

After getting started with upmetrics, you can copy this hotel business plan example into your business plan and modify the required information and download your hotel business plan pdf. It's the fastest and easiest way to start writing your business plan.