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Research and Markets writes that "vacation rentals represent a more than $24 billion opportunity in the US - that's more than one fifth of all hotel room revenue and 8% of the total US travel market. We recommend using LivePlan as the easiest way to create graphs for your own business plan.
We recommend using LivePlan as the easiest way to create automatic financials for your own business plan. The vacation houseboat rental industry is comprised of hundreds of independent businesses in the United States, as well as owners of individual boats who rent out their boat for weeks without meeting the state requirements for commercial vehicles.
The vacation houseboat industry is an asset-intensive business for some players who must purchase expensive houseboats and set up marinas to serve them.
Availability and promotion of appropriate activities: Families and couples are all looking for rental companies which make activities easy to find and take part in, either by providing them directly or providing resources and help to access those activities.
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Bplans is owned and operated by Palo Alto Software, Inc., as a free resource to help entrepreneurs start and run better businesses. Houses On The Lake will create a competitive business model for vacation houseboat rental on Lake Shasta in Northern California. The business will become profitable in its second year and quite profitable in its third, as the owner and founder, Robert Hopkins, expands the offering from three to eight houseboats. I just wrote my first business plan in 24 hours using LivePlan and it's beautiful and complete.

While some may be wealthy enough to rent a luxurious houseboat with all the extras, many have to stretch to rent a basic houseboat. Also, by offering only houseboats on the smaller side (compared to those that sleep 14 to 18) the business can better stand out among the options for houseboat rentals on Lake Shasta. Many property managers have yet to leverage the emerging business models, technologies and services that are spurring change." That is to say that Web services and bookings are still not prevalent in the industry. Marketing for their business focuses on a mix of older groups, twenty-somethings, and children. However, small players can enter the market with just one boat or by managing the rentals for existing owners. The financial sales forecasting tool is very intuitive and makes writing a business plan more fun. With 500 complete sample plans, easy financials, and access anywhere, LivePlan turns your great idea into a great plan for success.
Rather than purchasing houseboats, the business will offer rentals to families and young couples of small (up to 6 persons) houseboats on loan from existing owners. Rental rates will be on the low end for the market, starting at around $600 for 3 days during an off season.
The business will seek to offer families and couples the balance of relaxation and excitement they seek by providing options for activities to suit both individuals and groups. Renters are interested in rental periods of up to a week and use the houseboat to travel within inland lakes for activities both on the boat and in the surrounding area.

Offering lower price rentals without luxurious accommodations means that costs can be limited as well.
Most rentals are made over the phone, even if the customer first learns about the business on the Internet. With reduced barriers to entry, an opportunity exists for boat rentals at the low end of the market. Like cruise tickets, houseboat rentals can offer some luxury at prices which most vacationing Americans find reasonable, assuming they can assemble a group of enough passengers for the boat. The business will offer vacationers other services to compete with luxury vacation houseboat companies and moorage and revenue sharing for existing owners. The most economical houseboat rentals sleep 14 to 18 or more individuals and are rented by 2, 3, or 4 families at a time (or up to 9 pairs of couples). Generally, these families organize themselves into groups and plan vacations together, although some services assist with matching groups to share rentals.

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11.02.2013 | Author: admin

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