Viet Orient

Hotel set up and management handbook

Why should investors hire a hotel set up, hotel management and hotel consultancy company? P1
MAIN CONTENT
1. Why does Viet Orient Hospitality share knowledge about hotel consulting, hotel set up and hotel management?
2. What are the benefits of hotel consulting, hotel set up and hotel management company when sharing this knowledge to the owners?
3. What is the first process of consulting, setting up and managing a hotel?





A hotel project set up by Viet Orient Hospitality and opening in May 2020

Why should investors hire a professional company to do research and analysis before hotel investment?
Why should investor hire a professional company in Mechanical, Electrical and Plumbing consulting service in hotel construction?
Why should investors hire a profesional consultant for utilities & functions in hotel designing?
Why should hotel investors hire a professional hotel set up, hotel Management Company instead of operating the hotel by themselves?

The article is based on the projects we have approached, does not mean to comment and criticize the owners but this share is valuable to help new comers to see more objectively about their investment.

There are many questions are raised to us from hotel investors that we have the opportunity to approach.
And you will wonder:

 

Why does Viet Orient Hospitality share knowledge about hotel consulting, hotel set up and hotel management?


Yes. We are pleased to answer:
We provide additional knowledge to investors who are planning to invest in the hotel industry and they need to have some knowledge in this field to understand and invest properly, avoid wasting and Effective in their investment.

In addition, in the projects we approached, up to 95% of hotel investors almost no knowledge of the field or had but the assessment was still wrong, leading to wrong investment identification and inefficient.

By reading this, there must be many people wondering: 

 

What are the benefits of hotel consulting, hotel set up and hotel management company when sharing this knowledge to the owners?


When the owners have the basic knowledge of Consulting, Set up and Hotel Management  , they will aware the positive and negative side of the rent or not. what the price is if they don’t hire. In business, the interests of all partners are put first. So we – hotel consulting, hotel set up and hotel Management get benefits, the investors also benefit from this cooperation.
So I get straight to the analytical point so you don't have to wait any longer.

 
Consulting, research and evaluation on hotel investment - The first process of consulting, setting up and managing a hotel

This work is not new in theory but not many investors apply. Through the process of our contact when building the hotel, according to the evaluation of the Consultant, Set up our hotel, the investors mainly researches and assesses on hotel investment based on sensory knowledge, of individuals, friends, and colleagues. Their evaluation resulted in somewhat of a true result but also a lot of it was incorrect. Opinions on hotel investment do not have actual data and no evaluation studies from experts.

Investors may not know that a hotel is a commodity - intangible product that not all customers want to buy or use. Customers using the hotel's services also only have a certain audience (also called the market) to target.

Therefore, when researching the market for hotel investment, if only by the exploration method from sources of relatives, friends, colleagues ... as mentioned above, the investor sees that the tourism market has a need. If the demand is high, the hotel will not be successful.

When building, if the hotel does not meet the needs of the customers, of course the business of the hotel is less efficient. Each type of customers, market, nationality varies according to lifestyle, culture, habits ... so they have their own requirements for color, design, different bed types.

By reading this, you can partly understand why you should hire a consultant to research and assess the market before investing in the hotel industry.

 
Keep continue to next part II: CLICK HERE

Nguyen Van Quang
Chief Executive Officer
Viet Orient Hospitality




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