Investing in student hostel facility?

There are many private universities springng up in my country lately, with very limited hostel accommodation facility.
I am planning to invest/build such a facility by way of investment.
Apart from the bedrooms,washrooms, office reception and possibly security office, I would like to know what other items or provisions I could include to make this facility an outstanding profitable one.

Any helpful contribution from experienced persons would be highly appreciated.

Thanks.

i think its a good idea with a little family touch;))

I think you'd be better off buying a hostel then trying to set one up because local laws can be tricky when creating a new one.

In order to get into the guide books you'll need AYH/IYH certification at least to start and I'd check out their websites to find out more info on getting a hostel into their system.

I'd also suggest getting a job at one just to make sure you like the work. Some of them will "trade" employees so you can travel while working and gaining experience. Being a guest is not the same as being an employee/owner.

Lots of luck !

Tags

　　Investment Trading 　　Investment Strategy 　　Investment Services 　　Investment Portfolio 　　Investment Plan 　　Investment Performance 　　Investment Options 　　Investment Opportunity 　　Investment Manager

Related information

Tax deferred annuity?

I would forget annuities and consider tax-managed mutual funds such as Vanguard's VMCAX. Chances are you'll end up with a larger pot of dough in the long run--and you'll get to keep...

How much should someone save for retirement?

You should try to save enough that you can live on the interest income: In retirement, you will want "safe" & reliable investments, usually bonds or CDs, so you should save up enough ...

Compounding Interest (30 years at 13%)?

Around $8 million

...

Is now the right time to buy in Manhattan? Is it a buyers or renters market?

The buy vs rent question is very popular. And truthfully only you will know the answer. Although here is my personal opinion. Rumors of the bubble popping have been circling for years. Not only tha...

IN case you have to invest in insurance for tax saving,ULIP is better or plain vanilla insurance?

It sounds to me like some salesman is doing a snow job on you. It happens many times every day. There are no tax savings in plain vanilla insurance and it is a terrible investment from a return o...

Which is better when trying to buy a house? Less Debt or More Down Payment?

Better credit score! Which means better rates...The amount that you'd be able to put down wouldn't make that much of a difference in your payments, but a better rate means lower payments!...

How highly would an Oxford Law degree be seen with regards to employment prospects in the Middle East?

Have a look on www.emiratesvillage.com You can talk directly to employers and also list your details so the employers can contact you. Best of all, its all FREE.

...

Is it wise to invest in real estate in Miami, FL?

These people who say Florida real estate is bad and the worst place to buy right now need to stop thinking they know everything and open there eyes and realize florida is a big, no huge, state. Fl...