For many business owners, setting up your own vacation retreat high up in a mountain or a resort by a quiet lake can be a dream come true. But just like every business in the market, it will take a reasonable degree of commitment, time, effort, and money to get it to a functional state.
When it comes to setting up your resort, most of the budget will usually go to the construction of the facilities; this includes pools, saunas, and the living quarters itself. Of course, if you’re an aspiring business owner, you want to cut as much expenditure as possible without compromising your buildings’ quality. Your answer? Wooden Cabins.
Wooden cabins are one of the oldest known forms of housing that was brought in by European colonists centuries ago. To this day, it’s still one of the most cost-effective and accessible ways of living in colder regions of the United States.
Why Should You Set Up One?
When people hear the word “resort,” they immediately start thinking of a white-sand tropical beach or hotel that’s close to one. Resorts don’t necessarily have to be close to the ocean; 476 skiing resorts are situated on top of mountainous regions in the country, with most being placed in the midwest and the western pacific.
Well, there’s a variety of reasons why you should set up a cabin rental business. Here are some advantages that you get over other types of resorts:
- Cost-effective — Since cabins are mainly composed of wood, it’s not a surprise that it’s relatively cheap, compared to other construction materials. In terms of cost, you won’t necessarily have to spend much on materials (we will get to that part soon).
- Easy-to-maintain — Cabins are known for being compact, and since they’re usually made out of wood, it’s easier to maintain.
For tourists, cabin rentals are quite popular because of the following reasons:
- Surrounded By Nature— Naturally, tourists want to tune out all the hustle and bustle of the city take on the great outdoors. Nothing spells adventure more than sleeping in a cabin close to nature, while still being secure, of course.
- Privacy— Additionally, much of the country’s colder regions will have snow, which can drown out ambient noise if you’re one that needs some peace.
- Unique Experience— There’s no other experience as unique as sliding down slopes with your ski board or basking in the sun on the steep slopes of the rocky mountains. There are tons of different activities that you can choose from when you’re out in the wild.
In addition to all these, vacation rental resorts have amassed around $57.70 billion in revenue as of 2019. That said, this isn’t just any ordinary industry; it’s booming, and you should get a piece of the pie.
Factors to Consider
Now that you know all the perks of having your own rental business, all you have to do is make the necessary preparations before making any final decisions.
There are different factors that you will need to keep in mind when setting up your business.
Business Plan
First and foremost, you’ll have to think of a comprehensive business plan for your cabin resort. Every business needs to start with a concrete plan. But even before any solid plan, you will also have to do some research beforehand.
Ask yourself these questions first before conducting a feasibility study for your business:
- How is the location? Will it fit with the theme and function of your resort?
- How much snow will your resort face each year? That will affect the amount of maintenance that you will have to do.
- What is your budget?
- Will you hire professional architects and contractors to help you design your resort?
These are just some many questions that you’ll need to ask yourself.
Maintenance
Compared to other types of living spaces, cabins need the right amount of heating and insulation, primarily since it’s situated in colder weather conditions.
Since most of a cabin will have need heating and insulation, moisture might get trapped inside the interiors, which could lead to the formation of molds in wooden beams and the collection of dust in ventilation shafts. As such, occasional duct cleaning should be done.
If you start seeing a dark-green organic film on your cabin’s exteriors, you’ll need to get some mildewcide.
Types of Cabin
Cabins will usually differ in size, shape, and function. There are cabins geared towards comfort, while there are some that can serve as hubs for skiing activities.
You might also have to think of the interior and exterior finish of your cabins. Will it have a rustic theme or a more contemporary motif? How will it blend? Will the exterior design blend well with the interior design?
The type of cabin that you will be building will be determined by the kind of audience that you’re aiming for. Most Millennials would prefer treehouses, lodges, and ski houses, while older generations might prefer cottages, log cabins, and ranges.
All of these factors will need to be considered when setting up your cabin business. It might seem like a fun task to manage your own business, but it is still a business, and preparations should be made.
Setting up your own cabin rental business can be a daunting task, but it is possible. When you follow a systematic plan, then setting up your own business won’t be a problem.
