The service and hospitality sectors are one of the fastest growing business sectors nationwide. The business of hotels is growing rapidly with an increasing need and requirement of accommodation facilities. The emergence and rise of online platforms like OYO rooms and Airbnb has made booking rooms and dinner reservations much easier than before. However, starting and managing a hotel business is a tough task and requires a lot of investment and strategic planning along with all the feasibility checks and financial calculations.
The following study is dedicated to studying the process of the development of a feasible and reliable hotel establishment plan.