16 years
[rant]
I am totally allergic to these standard procedures the business consultants usually tell you to obey.
[/rant]
That said, I don´t think macroeconomic predictions should be in a hostel business plan. You could say that the Dollar will stay weak for a few years (that´s at least what most economists and other charlatans predict), thus helping the tourism industry in America (if that´s where you are located), but there is simply no way to make forecasts about inflation and interest rates.
What are relevant "technolocical factors" for a hostel??? Do you think the bunk bed manufacturers will deliver some major technological breakthroughs in the near future?
Log in to join discussion