The hospitality industry can be a very profitable business to be in, with the average revenue per available room in the US hotel industry being $85.96 in 2018. However, it is also an industry that requires a lot of knowledge and there are numerous laws and regulations that must be complied with. Here are top 5 tips for starting a small boutique hotel business successfully. 1. Research the laws and regulations Before making the decision to buy or lease premises for your boutique hotel, do your research regarding all of