inside an american hostel

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Charleston, SC Notso Hostel

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Page 1: Inside An American Hostel

Charleston,  SC  

Notso  Hostel  

Page 2: Inside An American Hostel

MAIN  (2002)� 24  dorm  beds  ($23)  � 8  private  rooms  ($60)� Potential  Revenue  $374,220ANNEX  (2010)� 6  private  rooms  ($70/$80)� Potential  Revenue  $154,900TOTAL  � 38  beds  � 52  person  capacity  � Potential  Revenue  $529,020

               Notso  Hostel                Charleston,  SC  

Page 3: Inside An American Hostel
Page 4: Inside An American Hostel

� Chapter  One-­‐  Why  a  Hostel?  � Chapter  Two-­‐  How  to  Open  a  Hostel  � Chapter  Three-­‐  Getting  Started  � Chapter  Four-­‐  Bookings  and  More  � Chapter  Five-­‐  Policies  � Chapter  Six-­‐  Procedures  � Chapter  Seven-­‐  Employees  � Chapter  Eight-­‐Management  � Chapter  Nine-­‐  Getting  Your  Hostel  Known  � Chapter  Ten-­‐  Other  Revenue  Generating  Ideas  � Chapter  Eleven-­‐  Notso  Hostel  History  

    Table  of  Contents  

Page 5: Inside An American Hostel

How  to  open  a  hostel:  �   Notso  Hostel  Annex  �   Business  Plan  101�     Predicting  Potential  Revenue  �   Occupancy  Rates  �   Revenue  Goals�   Notso  Hostel  Expenses�   Notso  Hostel  Revenue    �   Profit  and  Loss  Statement  �   Small  Business  Loan    �   Zoning  &  Variances  �                      Commercial  Sprinkler  system�   Board  of  Architectural  Review  �   Board  of  Zoning  Appeals        

                      Chapter  Two  

Page 6: Inside An American Hostel

Recurring  Expenses-­‐  Estimate  

Page 7: Inside An American Hostel

Non-­‐Recurring  Expenses-­‐  Estimate

Page 8: Inside An American Hostel

           Potential  Revenue  Predictions  

Page 9: Inside An American Hostel

     Occupancy  Rates-­‐  Main  Location

Page 10: Inside An American Hostel

Annex  Goals  &  Revenue  (First  Year)

Page 11: Inside An American Hostel

Annex  Goals  &  Revenue  (Second  Yr)  

Page 12: Inside An American Hostel

Vikki  Matsis  ManagerNotso  Hostel156  Spring  Street33  Cannon  Street    Charleston,  SC  29403www.notsohostel.com  (843)  722-­‐[email protected]    

  Please  use  me  as  a  resource!  

Page 13: Inside An American Hostel

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