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Can Hotel/guest Be Profitable Around Ebutte Metta. - Business - Nairaland

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Can Hotel/guest Be Profitable Around Ebutte Metta. by Yankeeboi: 8:44am On Jul 16, 2010
I will really appreciate advise from people that know simpson,Borno way and
eniron @ ebutte metta.

Can hotel business be profitable around there?

I was advise by my cousin that the area is too rowdy and people might not patronise
such guest/hotel there.

I really prefer those area because prices of properties there matched my budget and i do prefer the area.
Re: Can Hotel/guest Be Profitable Around Ebutte Metta. by trisurface: 11:41am On Jul 16, 2010
If they Put a Protea in Ebutte Metta, will it sell?
Of course, it will.
Its about Planning/Innovativeness/ Competence.
I've been involved in a Hotel in Apapa-Very close to the red light district- Selling Wonderfully. Room Rates ranging from 14-25k.
Just renovated another in Ikeja-Ladipo Oluwole-Full industrial District- but its looking Promising.
I'll tell U for Free, Ebutte Meta has something that surulere does not have.
Locate it. Exploit it.
Re: Can Hotel/guest Be Profitable Around Ebutte Metta. by Yankeeboi: 2:12pm On Jul 16, 2010
WOW! i do appreciate your advise,but i cannot afford standard of protea.

I am looking to venture in a story building atleast more than 10rooms.

It's gonna be decent and classic.

I will really appreciate more advise from other readers please.
Re: Can Hotel/guest Be Profitable Around Ebutte Metta. by trisurface: 4:44pm On Jul 16, 2010
I used Protea as an Example of A Hotel chain that does their Homework.
Since I'm not a representative for them, I cant offer U a Protea Franchise!
But If U say U have space for 10rooms, it does seem a bit small for anything other than a Bed & Breakfast and we dont have those in Nigeria.
I f U're set on it being a Hotel, get an architect to look at the space for U.
If U can expand Ur 10 rooms to 14, U're in Business. Best of Luck sir.

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