The growth in popularity of visitors choosing to stay in Home Hosted accommodation is a success story is a success story in most parts of the world. This has been mostly bought about by the impact of the international reservation platforms using the Internet as the vehicle to promote this form of accommodation.
In studying the property types, and identifying the main reason why people list their properties with the large reservation platforms, one finds that there is now a clear distinction between the traditional Bed & Breakfast and the short-let, part-time operator. The latter mainly made-up of those in it for a quick and often short-term dollar and who have listed their property on the likes of Airbnb.
The obvious two categories are:
- Short-let, part-time hosts many of whom are already restricted on the number of days in a year that they will be allowed to trade, and the predicted high compliance costs that will be imposed on them by the regulators. This may mean that their involvement in this business is no longer viable.
- The more traditional Bed and Breakfasts who abide by local government regulations can, if they choose, trade 365 days a year. It is also noticed that this category tends to be more professional than the majority of short let, part time operators. It should be noted that many are also listed with the international reservation platforms and are doing very well.
Never before have regulators been so concerned with the large number of property owners who have taken their house out of the rental market and subsequently put a lot of pressure on property availability and rent asked for.
There is also a backlash from Bed and Breakfasts who abide by the rules, but find that the next door neighbour has not. This is the reason why change is inevitable in order to bring some sanity into the industry.
To that end, this book is an ideal read of those who now want to be a more professional host, whether it is full time or part time, and want to make real money, and for those who want to start a home based business.
So, to meet demand and substantiate Bed and Breakfast’s place in the tourism industry there is a growing need for increased knowledge and professionalism among Bed and Breakfast operators. To assist you in your endeavour a feasibility study has been included in this international edition, along with a business plan example.
Current trends show that changes in the workplace could be one of the main contributors to the high level of interest in becoming a Bed & Breakfast operator. Another influential factor is the continuing growth of the short break holiday market. Those who take short break holidays historically prefer this form of accommodation.
It is important to remember, however, that knowledge is not an end in itself. You must use the knowledge gained from this publication as a resource and stepping stone to achieve your goals and fulfil your aspirations.
The main message is that the research you need to do to make your B&B a success must be personal to you and your market.
How to Start & Run a B&B has been researched by the writer who has carefully studied the practicalities and the needs of people who are either in the industry or wishing to enter it.
In constructing this book I have tried to avoid duplication of material that exists in other training manuals and how-to publications, preferring to concentrate on that which is directly applicable to the industry. I have gathered up-to-date information from industry leaders and practitioners internationally to give the reader a source of information which reflects the practicalities and requirements necessary for the successful Bed and Breakfast operator.
All issues covered in this book are significant, but professionalism is the most important. This book will reinforce the need to seek professional advice in the early stage of your venture and give you an insight into the level of professionalism you need to consider in order to be a success in this business.
Good luck on your venture!