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Nairaland Forum / Nairaland / General / Business / Can Hotel/guest Be Profitable Around Ebutte Metta. (809 Views)
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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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