inside an american hostel
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Charleston, SC
Notso 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
� 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
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
Recurring Expenses-‐ Estimate
Non-‐Recurring Expenses-‐ Estimate
Potential Revenue Predictions
Occupancy Rates-‐ Main Location
Annex Goals & Revenue (First Year)
Annex Goals & Revenue (Second Yr)
Vikki Matsis ManagerNotso Hostel156 Spring Street33 Cannon Street Charleston, SC 29403www.notsohostel.com (843) 722-‐[email protected]
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A Moving Picture Boys Production