Vol: 1, Issue: 1 2011

Page: 89-94

A Role of Rural Small Hotel Business and Economic Growth

Dr. Prakash H. Karmadkar

Received Date: 2011-01-12

Accepted Date: 2011-02-11

Published Date: 2011-03-10

Success of small Hotel Business depends upon the entrepreneurial and managerial capabilities of those involved in the Hotel Business. Because of its size and unique operating characteristics, a small Hotel Business requires a management approach, which is also unique. Small Hotel Business is generally managed in a personalized fashion. The owner is also the manager and worker until the Hotel Business grows to a certain level. They participate in all aspects of managing the Hotel Business and there is generally no sharing in the decision-making process. As far as scope and scale of operations is concerned, small Hotel Business usually serve a local market rather than regional or national or international market. They also tend to have a very limited share of a given market. These special characteristics must, therefore, be taken into account in planning for small Hotel Business development on a national scale. orologi replica

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