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A typical small hotel operation budget generally includes key categories such as personnel costs (wages and benefits), utilities, maintenance, supplies, marketing, and guest services. Operating expenses can range from 30% to 50% of total revenue, depending on the hotel's size and location. Additionally, costs for property management systems and insurance should also be factored in. Overall, maintaining a balanced budget is crucial for profitability and sustainability in a small hotel operation.

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1w ago

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