- Re: Bed and Breakfast biz idea

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Re: Bed and Breakfast biz idea

Author: Mort (---.tampabay.res.rr.com)
Date: 09-17-08 20:58

Where is the general location? Does it require your guests to rent a car in order to get around? If so, that could hurt your business because car rental in Culebra is not cheap. Most people go to Culebra looking for an inexpensive vacation.

If you're within reasonable walking distance of town, that could be a real advantage.

I've found in my travels throughout the US over the years that people who own homes in beautiful locations that are outside of town tend to rent them out as vacation homes. But if the home is close to town and conveniences, they tend to make them into a B&B.

If the houses are practically new, then you'll probably have to charge a pretty high nightly rate in order to cover the mortgage and expenses. And B&Bs take a lot of time and attention.

I've also found that very few B&B owners make a lot of money. Rather, they rely on the the appreciation of their property values so as to later sell to the next couple who has a dream to own and operate a B&B.

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Bed and Breakfast biz idea new

Tony Aponte

09-17-08 10:35

Re: Bed and Breakfast biz idea new

Mort

09-17-08 20:58