B&B – TOURIST HOMES
Our business plan is going to be about the basic need of human that is shelter and food.
Introduction
A bed and breakfast (or B&B) is a small lodging establishment that offers overnight accommodation and breakfast, but usually does not offer other meals. A bed and breakfasts are private homes with fewer than 10 bedrooms available for commercial use. In India, the government is promoting the concept of bed & breakfast. The government is doing this to increase tourism.
Mission
“Our mission is to successfully build, promote and provide quality bed and breakfast accommodations for the Goa region”
Executive summary ANOS B&B will provide high quality accommodation and full breakfast for both tourist and business customers. Accommodation at ANOS View B&B will consist of 5 comfortably furnished rooms, each with queen-sized beds. Full breakfast will be served according to menu selection from the night before. The region in and around Goa has beautiful scenery, numerous places of interest and activities. Guests will have many opportunities to enjoy themselves in this area that is well suited for holidays.
Industry analysis
Size Of The Industry
The industry is estimated to be valued at over 10 billion per annum.
The proportions with regard to foreign tourists is 5 billion and that from 2 billion from local tourists and lastly 3 billion from corporate clients.
Profitability Of The Industry
The profitability of the tourism sector is high. Most businesses in the industry achieve an average contribution margin of about 65%.
However, the contribution margin for catering facilities is relatively low at about 30% as compared to the provision of accommodation and conference facilities.
A business demand is usually experienced Monday through Thursday nights. Understanding why business travelers are visiting the