HOTEL BUSINESS PLAN WITH FINANCIAL ANALYSIS

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HOTEL BUSINESS PLAN WITH FINANCIAL ANALYSIS IN NIGERIA

Are you looking to download a hotel business plan with financial analysis in Nigeria?

Download this hotel business plan template in Nigeria to secure a loan for NIRSAL, BOA, BOI, grant or make future forecast figures.

 

The business plan will have these chapters:

  1. Introduction
  2. Executive summary
  3. Business Description
  4. Objective and Goals
  5. Mission and Vision Statement
  6. Management
  7. Material and Equipment
  8. Competitor analysis
  9. Market analysis
  10. Market trends
  11. Our target market for hostel business in Nigeria
  12. Our competitive advantage
  13. Sales and marketing strategy
  14. Sales forecast for hostel business in Nigeria
  15. Payment options
  16.  Feasibility studies for hotel business plan
  17. Financial analysis for hotel business plan
  18. Sources of startup capital for hotel business plan

 

 

 

1.0 Introduction

Sherifty Hotel is a perfect replica of paradise in the heart of Ogun State. The majestic building gives its guests a home away from home aura. Established to meet every need of guests, the hotel is well equipped with every necessity and luxury that could be craved for. It’s world-class restaurant, artistic lounge and bar, sparkling arena, spacious garage coupled with its courteous staff and alerted security personnel, we give each guest a personal experience that triggers a revisit.

Our interior houses both modern and traditional architecture that not only add beauty to the hotel but fills the ambience with the reminder of the African culture. Situated at the heart of Ogun State, we would be extending our services to accommodate recreation and event activities, spa and so much more. Our goal is to make Sherifty Hotel a place of comfort to every one of our guests in a unique way. We are expanding our reach and visibility via social media and the internet.

We want to be on the choice list of those who are yet to learn about us. Our visibility would help increase the influx of occupancy and profitability.

 

 

2.0 Executive Summary

At Sherifty Hotel, we aim to become the only choice for people in Ogun State and its neighbouring towns when it comes to relaxation, refuelling and enjoyment. We are also extending our target audience to include individuals or families looking for spots to have a good time – honeymoon, vacation, reunion etc. Tourists and visitors are also part of the audience we aim to serve.

We have incorporated musicians, bands and comedian into our service just to keep our guests entertained at
all times, especially the weekenders. With the incorporation of our laundry and car wash services, we look to have a 65% increase in our revenue.

There has been an increase in sales from our restaurant because we are the only hotel that serves international dishes in the 85km area district. We have enjoyed a 45% increase without any form of advertisement. The increase in tourism has had a positive impact on our numbers. Our clientele is segmented into three: Locals, Tourist and Travelers, Drop-in customers.

 

3.0:  Business Description

We have our presence on all major hotel booking site in Nigeria. Sherifty Hotel meets our clientele’s needs and demand for:

 A suitable and comfortable hotel that serves intercontinental dishes for tourist
 Great hospitable experience
 Seasoned staff to meet our customer’s needs
 Affordable prices

Having over 30 years of experience in the Tourism and Hospitality industry, it is worthy to note that providing a great and personal hotel experience for the people in Ogun State and its neighbouring towns is very crucial. The fact that we are lagging on tourism and hospitality practices as a state as well as not maximizing tourism encouraged me to start my business in the industry.

 

My experience exposed me to how to deal with the client and encourage staff to provide quality services. It has also helped me develop a great relationship with clients that have led to referrals and repeated sales. My work background allowed me to access useful skills for hospitality practices. It has helped me to easily spot opportunities and milk it out. It has built my resilience and increased my craving to continually provide a job for others.

 

4.0 Objectives and Goals:

OBJECTIVES OF SHERIFTY HOTEL
 To have a constant increase in the number of patronage monthly
 To ensure the hotel is 90% occupied monthly
 To always hire efficient and experienced staff
 To have a 10% increase in client acquisition yearly
 To leverage on the use of the internet and social media for visibility and reach
 To increase off-season occupancy by incentivizing people and increasing activities on social
media

 

GOAL FOR SHERIFTY HOTEL
To be the first choice hotel in any location we are in Nigeria. This we would achieve by providing
exceptional services and unforgettable comfort.

 

5.0: Mission and Vision Statement

 

VISION STATEMENT FOR SHERIFTY HOTEL
To be the gold standard of Hospitalism in Nigeria

MISSION STATEMENT FOR SHERIFTY HOTEL
To surpass our customer’s expectation uniquely by providing great services, spectacular products
and incomparable customer services endearingly.

 

6.0 MANAGEMENT OF SHERIFTY HOTEL

Mr Alade James has over 30 years experience in the Tourism and Hospitality Industry. He is a well- vast
consultant and project manager. He will manage daily activities in the hotel.
Mr Jide Olowolabakokoyaki has over 10 years in business management (start-up or existing),
financial management and every aspect of the business. He is an alumnus of Lagos Business School
and Noun University. He is our business strategist.
Together, they have:
 Extensive knowledge of business management
 Practical knowledge of customer acquisition and retention
 Proficiency and Credibility
 Diverse skills which include; marketing, operational amidst others

 

Mr Aboyeji has over 35 years in the Tourism and Hospitality business. He is a Savant who possesses technical, HR, Management knowledge about the industry. He is a great team player who knows how to spot talent. This has helped him build a team and manage it for over 8 years. He is the CEO of Sherifty Hotel.

 

7.0 MATERIALS AND EQUIPMENT FOR SHERIFTY HOTEL
We have materials and equipment that facilitate the premium service and products we offer our
clientele. They include Pure water source, power source,

 

8.0 COMPETITOR ANALYSIS FOR SHERIFTY HOTEL
We are constantly patronized because we provide:
 Great services
 Exceptional facilities alongside constant power supply
 Excellent customer service
 Good incentives We, however, stand a better chance than our competitors because we are:
i. Located in a secured environment with great road network
ii. Provide intercontinental dishes in grand style

 

 

How To Download The Hotel Business Plan Template PDF and Doc (with financial analysis)

Above is a part of the Hotel business plan template in Nigerian. In case you need the complete business plan, follow the procedures to download it.

Pay the sum of N5000 (Five thousand naira only) to the account detail below:
Bank: GTBank
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Ac/No: 0238933625
Type: Saving

Thereafter, send us your email address through text message to +234 701 754 2853The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the hotel business plan in Nigeria to your email address where you can easily download it.

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