Do I need to own the plot?
“Do I need to own the plot?” – this question often pops up in the considerations of our clients who want to start a hotel business based on tiny houses. The advantage of tiny houses among other creative hotel developments is that they can be set up in non-obvious locations, not previously considered for hotels or even on rented plots.
Microhotel business based on tiny houses
The new business model based on tiny houses on wheels relies on a three-way benefit. The parties benefiting are:
the owner of the rental cabin,
the owner of the land (landlord)
and the guests staying at the micro hotel.
Renting a plot of land speeds up the start of a hotel investment, plus allows flexibility of changing the location of the micro hotel.
What is your dream location for a micro hotel?