The hotel owner may simply want to divest from the hotel business altogether because he is no longer interested in the business or his new religion does not accept this kind of business | There are a host of reasons why a hotel business owner in Nigeria would want to sell his hotel. Some of those reasons would make sense, some won't. Some reasons for putting a hotel up for sale may actually be outright ridiculous. But it really doesn't matter what the reasons are. The bottom line is that the hoteler wants to quit the business and is putting it up for sale. |
Running a hotel business is particularly challenging in Nigeria because of the epileptic power situation in the country. A hotel owner has to ensure there is constant electricity in the hotel 24/7. And since the cost of powering the hotel with state-of-the-art, 99% reliable generators is huge, you have to do your home work right before you venture into the business.
Also remember that there is huge overhead cost for a startup hotel. You will run generators 24/7 and pay staff even when over 50% of the rooms in the hotel are vacant because you're just starting up and most people do not know you exist. For those who know you do, they're not prepared to try you out yet because they are already loyal customers of another hotel.
The startup phase of a hotel alone can run the ill-prepared businessman out of business.
| If you have made up you mind that you're done with the hotel business and wants to sell your hotel off, this free hotel directory provides you an opportunity to market your hotel globally and reach a wider market. The result? You sell faster. Ready to sell your hotel? |
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