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Q: Business plan and sample P&L for hotel ( Answered,   2 Comments )
Question  
Subject: Business plan and sample P&L for hotel
Category: Business and Money
Asked by: allfree-ga
List Price: $10.00
Posted: 24 Jun 2002 14:11 PDT
Expires: 01 Jul 2002 14:11 PDT
Question ID: 32564
I am looking for a sample business plan and P&L for a hotel, operating
in the neighborhood of a few hundred rooms, in a major city in the US.
 As I look to move forward with a venture I would like some templates
with data in them already, that I can change to fit my potential
business.
Answer  
Subject: Re: Business plan and sample P&L for hotel
Answered By: larre-ga on 24 Jun 2002 16:58 PDT
 
Thanks for asking!

I've located several sources for business planning templates and
completed business plans within the hospitality industry, as well as a
link to a sample Profit and Loss statement.

From EssayFinders: ($9.95 each)

Resort Hotel Proposal

This 5 page paper makes a proposal to create a luxury urban resort in
the heart of New York City. Competitors are evaluated. The hotel to be
built is described in detail. Bibliography lists 5 sources.

http://search.essaypage.com:9000/cgi-bin/query?mss=essaypage&stq=10&q=hotel


Business Development in Hospitality

15 pages. This competitive action plan for the hospitality business
will focus on the hotel and tourist trade. The plan will analyze the
existing competitive environment and discuss a program designed to
secure improvements to better compete in the industry. A cost analysis
will also be provided concerning these cost implications. Bibliography
lists 12 sources.

http://search.essaypage.com:9000/cgi-bin/query?mss=essaypage&stq=40&q=hotel


Finance and Operations Management Analyses
This 6 page paper includes several hypothetical and actual situations,
as presented or requested by a student, in order to explore several
topics pertinent to business administration. Included is an analysis
of Intel, inclusive of a liquidity ratio calculation and cash flow
analysis. Information on financing debt is explored in a fictitious
letter and a case study involving the expansion of a hotel is
provided. Finally, a service delivery model is presented and assessed.
Bibliography lists 4 sources.
http://search.essaypage.com:9000/cgi-bin/query?mss=essaypage&stq=50&q=hotel


From MegaDox - documents are available individually or bundled.

Business Plan & Executive Summary for Year-Round Destination Resort 
 
Business plan and executive summary prepared for purposes of raising
funds to develop and construct a year-round destination resort, with
hotel accommodation, restaurants and recreational facilities to
attract local and international visitors.

http://www.megadox.com/contentpackages.php?pack=6&


Additional Business Plan Template Resources

Business Plan Pro contains over 250 real sample business plans that
can be edited and used to help you create your business plan.

http://www.bplans.com/sp/additional.cfm

RealBusinessPlans.com - from the website:

"RealBusinessPlans.com was founded by a group of retired, and not-
so-retired, entrepreneurs who have started businesses by using plans
to raise the capital.

This is what RealBusinessPlans.com is all about!  We give you the
opportunity to look at REAL business plans from REAL entrepreneurs... 
"

http://www.realbusinessplans.com/index.html

vFinance

"Plug & Print" Business Plan

No matter what business you're in, our "Plug & Print" Business Plan
Template is the fastest, easiest way to produce a professional plan in
the standardized format that serious investors expect. Step by step
instructions tell you exactly what to plug in and carefully guide you
through each required topic.

http://www.vfinance.com/home.asp?bps=1&ToolPage=bps_Plug_Print.asp


Here's a sample Profit and Loss Statement:

Hotel Anywhere
http://www.centrafuse.com/Sample_Reports/12pnl1.pdf


You might also be interested in the Publications and Products
available from the American Hotel and Lodging Association.

http://www.ahma.com/publications/list_publications.asp

I hope this information is useful to you in preparing your business
plan. Should you have any questions, please feel free to ask.

- larre -

Clarification of Answer by larre-ga on 24 Jun 2002 17:08 PDT
Oops! 

Google search terms:
"business plan templates" hotel
business plans
profit loss statement hotel

-l-

Request for Answer Clarification by allfree-ga on 26 Jun 2002 09:18 PDT
I was looking for business plans, but all I seemed to get was links
for places to purchase related papers (not links to actual plans
themself).  I am looking for actual plans that fit what I am looking
for, not links to places to purchase things that may or may not fit
the bill.

The sample P&L is quite useful, although it will take some time to get
it from an uneditable pdf to excel where data can be edited.

Clarification of Answer by larre-ga on 26 Jun 2002 09:45 PDT
I apologize. I didn't realize that only information available at zero
cost  was part of the criteria of your request. We can only provide
you with the descriptions of contents. The content is proprietary and
must be purchased in order to be viewed, as is an ever increasing
portion of web content. These are the only related resources I have
been able to locate for you.

You might contact SCORE - the Service Corps of Retired Executives, a
non-profit mentoring organization subsidized by the Small Business
Administration. SCORE's services are 100% free and absolutely
excellent. You'd be matched to an individual expert/mentor who will
walk you step-by-step through completing your business plan.

Service Corps of Retired Executives
http://www.score.org/

~L

Clarification of Answer by larre-ga on 26 Jun 2002 11:39 PDT
The following books, listed at Amazon.com might also be available from
your local public library. I've fed all the long Amazon links to Make
A Shorter Link. Clicking on them will deliver you to the Amazon pages
following a short delay.

Successful Business Planning in 30 Days: A Step-by-Step Guide for
Writing a Business Plan and Starting Your Own Business
Peter J. Patsula
http://makeashorterlink.com/?T22332421

The Successful Business Plan: Secrets and Strategies
Rhonda M. Abrams, Eugene Kleiner
http://makeashorterlink.com/?V53321421

The One Page Business Plan: Start With a Vision, Build a Company!
James T., Jr. Horan, Jim Horan, Rebecca S. Shaw (Editor)
http://makeashorterlink.com/?A14322421
 
Business Plans Kit for Dummies (With CD-ROM)
Steven Peterson Ph.D., Peter E. Jaret, Steven Peterson
http://makeashorterlink.com/?T67311421
Comments  
Subject: Re: Business plan and sample P&L for hotel
From: henryw-ga on 24 Jun 2002 14:57 PDT
 
While not specifically related to Hotel's, I know the Microsoft Office
kit comes with a business plan builder that you might find useful. It
asks you questions about your business (e.g. mission plan, short term
goals, etc.) and then outputs the data into your own business plan.

Entrepreneur also has some great ideas for business formation, finding
the right employees and so on. Their website is at
http://www.entrepreneur.com.

Hope this helps.
Subject: Re: Business plan and sample P&L for hotel
From: aran-ga on 02 Jul 2002 10:41 PDT
 
My comment may not help you with a sample business plan, but I think
it provides some critical resources that may be useful.

Smith Travel Research ("STR") is the definative source of comparable
P&L information for hotels.  STR publishes an annual study, the "HOST
Study", that may be available from your local library or from STR for
$295. This study is based on actual operating results submitted
annually by over 3,000 hotels.

Additionally, STR offers custom HOST reports, which are a composite
P&L of several hotels of your choice.  STR also sells custom "Trend"
reports that provide the composite operating results of hotels of your
choice.

Other critical resources include the Uniform System of Accounts for
the Lodging Industry, published by the American Hotel & Motel
Association; the Hotel Investments Handbook and other publications by
Stephen Rushmore; and LodgingResearch.com maintained by
PricewaterhouseCoopers.

www.str-online.com
http://www.hvsinternational.com/publicat.htm#handbook
www.lodgingresearch.com

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