GUEST HOUSE BUSINESS PLAN IN NIGERIA
Guest House Business Plan in Nigeria
Guest House Business Plan in Nigeria
This sample Guesthouse Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Notes, Competitions, etc. Guest House Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of Guest House Business Plan in Nigeria
Business: GUEST HOUSE
Industry: HOSPITABILITY (Guest House Business plan in Nigeria)
Patilad Guest House is a standard guest house with adequate facilities that include various rooms, bar/restaurant, pool, gym, and relaxation center located in Lagos State, Nigeria.
Our guest house is made available for anyone that needs our services, tourist, travelers, families, couples, and individuals.
Guesthouses are perhaps the backbone of the travel and tourism industry. After all, when people travel somewhere away from home, they need somewhere to sleep. And if that place isn’t a friend or relative’s home, or a campsite, it’s a guest house.
People are not just interested in staying in the guest house alone, but they want to have an experience they will never forget; they want to have fun and enjoy themselves. The global hotel market was projected to exceed $500 billion by the end of 2014, growing to more than $550 billion by 2016.
Patilad Guest House is a world-class guesthouse with thrilling, exciting indoor facilities for all our visitors to have a full-filled experience. Our parking space is spacious and contains at least 50 cars, making it convenient for our customers to park their vehicles. We have asun joint. barbeque, sharwama and suya arena, and many more
We will ensure that we work hard to meet and surpass our clients’ expectations whenever they come around to our Guesthouse; we will establish long-lasting relationships with satisfied customers. Our strong management team and our aggressive marketing plan project a consistent and minimum annual growth of five percent.
The Nigeria hospitality industry is a thriving sector because more tourists are traveling around the world to see and experience new things, therefore contributing immensely to the economy of Nigeria.
The hospitality industry accounted for 4.0% of global GDP in 2018 compared to 3.2% in 2017 and is expected to rise by 3.8% year on year from 2018 to 2028. Total employment accounted for 4.2% for the hospitality industry in 2018 against 3.8% in 2017.
Benefits of our product and services
- Relaxing and conducive atmosphere
- 24/7 online customer support
- Affordable and discount prices
- Spacious environment
- Adequate basic facilities
- Professional and highly qualified staff
- Unique and outstanding customer service
Our products and services
Patilad Guesthouse provides customers with a conducive environment that provides excitement, relaxation, entertainment, and great food at affordable prices. Our products and services include;
- Guest rooms (regular, standard, executive)
- Poolside
- Gym
- Bar/restaurant
- Relaxation center
- Asun, barbeque, sharwama, suya joint
Keys to Success
The keys to success for Guest House business include:
- Excellent customer services
- Strong customer base
- Highly convenient rooms
- Online presence for easy access to our customers
- Attractive and well-designed environment
- Ample and secure parking space
- Seasoned management team
Objective for Guest House Business Plan in Nigeria
- To offer high-quality and convenient services
- To create a Guesthouse whose primary goal is to exceed customer’s expectations.
- To impact our community where we do business through CSR.
- To increase the number of customers by at least 30% each year
Goal for the Guest House Business Plan in Nigeria
To provide the best and high standard guest house compared to none in our locations.
Vision for the Guest House Business Plan in Nigeria
Our vision is to build a standard guest house with all adequate facilities in Nigeria and to be among the top 10 Guesthouses in Nigeria by 2025.
Mission for the Guest House Business Plan in Nigeria
Our mission is to be the number one provider of guest house services and create an atmosphere of fun and excitement for our customers.
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Guest House Business Plan in Nigeria
Management Team of the Guest house Business Plan in Nigeria
Afolayan Oluwabenga: He is a graduate of the Lagos State University (LASU). He has over five experience in the hospitality industry, having worked for several hotels in different states. He is also a consultant in the hospitality industry, consulting for five stars hotels in Nigeria. Oluwagbenga is the genral manager of Patilad Guest house.
Mr. Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years of experience in business management, business start-up dynamics, financial management of business, and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Academic intelligence
- Practical experience in the industry
- Capacity to consistently provide outstanding service.
- Quality service and a good understanding of the market trend.
- Our staff brings operational, marketing, and promotional skills to the business.
- Unique interior designs with comfortable ambiance
Management experience gained for the Guest House Business Plan in Nigeria
With over ten years of experience in the hospitality industry, I have had numerous exposure to the practical aspects of guesthouse services. I’ve been able to master the technical requirements, financial management, staff recruitment, and organization skills, among other things necessary to give the industry good commendation from our clients.
My managerial skill has also helped put together a workforce for over five years, which will also help me coordinate the teamwork in most aspects of the company.
I am the CEO of the company overseeing the day-to-day activities of the business.
Materials and Machine for Guest House Business Plan in Nigeria
Land, building materials, chairs and tables, air conditioner, staff, kitchen utensils, generator, gates, doors, cooks and chefs, relaxation center facilities, etc.
Competitor Analysis for Guest House Plan in Nigeria
People buy from us because of the following reasons:
- Consistent quality service.
- Outstanding customer care service.
- Professional and highly qualified staff.
- Reasonable prices and discount offers.
Our three major competitive advantages are:
- Consistent quality service.
- Professional and highly qualified staff.
- Reasonable prices and discount offers.
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As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).
Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.
Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.
We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.
Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community
Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.
Business Goals and Objective
- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better
Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
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