How do I start my own hostel business girl?

Setting up your own hostel takes a lot of planning and thought. First, find the ideal location and check all local zoning laws. Then, find the perfect building and equip it with beds and other accommodations for guests. To attract business, network and advertise your hostel to make it a new tourist destination.

What is the procedure to start a ladies hostel in Chennai?

Apply In-Person: To Obtain the Hostel licence or Permit in Tamil Nadu ,you have to approach the District Collector Office. Get the Application form from the Collector Office. The Application Fees for the licence is ₹ 3,000/-.

Is PG business profitable in Chennai?

Generally, the major cities that demand for PG accommodation are Bangalore, Chennai and Mumbai. In Chennai, one can earn like Rs. 3500 to Rs, 10,000 per head per month.

Is PG business profitable Quora?

Yes. It is profitable. Area to be selected are in and around Manyata Techpark, Bellandur, HSR Layout, Marathhalli, Electronic city surroundings etc.

How much money is required to open a hostel?

Your launching cost may come to almost half a crore , if you consider constructing even 10 rooms, that can house 30 students ( 3 in a room). You need to have at least 2000–2500 sft of constructed premises.

Do you need a license to run a hostel?

License is required for running a hostel and it is very important document in case if you fails to get a license and you are running a hostel without obtaining a license then your hostel may be shut down and you have to huge fine for running a hostel without license.

What is the difference between paying guest and tenant?

To make it clear, a tenant is a person who lives in someone else’s independent house, flat or apartment and pays rent to the owner in consideration. A paying guest, on the other hand, stays with the owner, in the owner’s premises with a room or a small portion of the home booked for him.

How can I make money with PG?

1. Blogging.
2. You tube.
3. Freelancing.
4. Sell you hand made products/ stuffs.
5. Affiliate Marketing.
6. Earn by clicking or doing surveys.

How do I start a small hostel business?

Opening your Dream Hostel: the Simple 5-Step Plan for Success

1. Define your dream hostel.
2. Decide your hostel’s unique selling points.
3. Work out the set-up and costs.
4. Build a strong guest relationship and leverage your hostel’s cultural environment.
5. Join a reputable hostel association and build a business network.

What are the requirements of hostel?

Well ventilated rooms, well-lit and well-spaced. Mosquito nets provided. A wardrobe in which each student can store their clothes to avoid them living out of their suitcases. Conducive Study area: equivalent to the number of residents in the hostel.