A Defiant Hotelier's Battle to Save Her Failing Business

💡Glen Gryny Court B&B is in dire financial straits, making a loss each week and struggling to stay afloat.

💰Christina lacks basic knowledge of hotel management and needs help with managing her finances effectively.

🏰The B&B's room rates are too low, resulting in an average room rate of £58 after deducting expenses.

📈Increasing the room rates is crucial to improve the financial stability of the business and prevent it from closing down.

📝Christina needs to make tough decisions and take control of her finances to save her failing business and home.

Why is Glen Gryny Court B&B struggling financially?

—The B&B is struggling financially due to low room rates and a lack of proper financial management.

What is the average room rate at Glen Gryny Court B&B?

—The average room rate at Glen Gryny Court B&B is £58, which is too low to cover expenses.

What advice does Alex Pitti give to Christina to improve her business?

—Alex advises Christina to increase her room rates to cover expenses and improve the financial stability of the business.

What does Christina need to do to save her failing business?

—Christina needs to make tough decisions, take control of her finances, and raise room rates to save her failing business.

What is at risk for Christina if the business fails?

—If the business fails, Christina risks losing not only her business but also her home.

00:00Christina, owner of Glen Gryny Court B&B, seeks help from hotel expert Alex Pitti to turn her failing business around.

06:11Alex inspects the B&B and finds issue with excessive furniture and inappropriate artwork, which may affect guest experience.

08:38Alex stays in one of the rooms and finds it luxurious but overcrowded with unnecessary items.

13:29Alex presents Christina with financial figures, revealing that the B&B is operating at a loss.

14:29Alex advises Christina to increase her room rates to cover expenses and improve the financial stability of the business.

15:09Christina realizes that she has been working at a loss and needs to make tough decisions to save her business.