Dear Forumer,
I'm working in leisure & tourism business for few years, as well as consulting new hotels and resorts. Recently, friends ask me to start a small hotel together.
After some study and research, here is the investment details.
Initial Investment: RM800,000
Total Rooms: 20 standard room
Annual Rate of Return: 15-20%
Need you all advice on the insight and things that need to be concern of.
Thanks
Hotel Business, - Need Advice