Vol: 1, Issue: 1 2011

Page: 089-094

A Role of Rural Small Hotel Business and Economic Growth

Dr. Prakash H. Karmadkar

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