Many of these small hotel and B&B owners run their businesses as a hobby or retirement plan, which often doesn't quite pan out as the passive income scheme they were anticipating. They don't cope with the responsibilities that entail and can't compete with professional hoteliers who understand visitors slightly better, so they end up chasing the bottom end of the market (it's not unusual to see rooms offered for £10/pppn. The lowest I've seen is £7/pppn).
pjc50|11 years ago
TheOtherHobbes|11 years ago
I discovered this last week when I drove past it.
http://en.wikipedia.org/wiki/Gleneagles_Hotel,_Torquay
raverbashing|11 years ago
Most people underestimate the difficulties of a business/customer care, etc