Hotel Catering Business

Hotel Catering Business Success Stories [2024]

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Updated: September 23rd, 2024

Looking to dive into the hospitality industry without owning a hotel? Consider starting a hotel catering business.

In simple terms, you would provide tailored food and beverage services to various hotels, enhancing their guest experience without them needing an in-house kitchen team.

By offering customizable menu options for different events—such as weddings, conferences, and private dinners—you can cater to the specific needs of each hotel. This flexibility makes your service valuable and attractive.

Running a hotel catering business involves managing suppliers, hiring skilled chefs, and ensuring impeccable service, but the rewards could be substantial. Imagine establishing partnerships with luxurious hotels and consistently delivering memorable dining experiences. For those with a passion for culinary arts and impeccable organizational skills, this business idea brings together creativity and operational expertise.

It requires commitment, but if you love the idea of combining hospitality with culinary excellence, launching a hotel catering service could be your next venture.

In this list, you'll find real-world hotel catering business success stories and very profitable examples of starting a hotel catering business that makes money.

1. Ancient Lore Village ($6M/year)

Tom Boyd, an experienced entrepreneur, came up with the idea for Boyd Hollow Resorts after witnessing intolerance and hatred during his son's campaign for governor. He decided to change the direction of his book and wrote about a place where people could live together in peace and happiness. To test this theory, he decided to build a village called Ancient Lore that would serve as a 5-star boutique resort and event center. The uniqueness of the village has garnered substantial press and early financial success, with over 200 inquiries for events before its official opening in January 2021. Boyd's goal is to build seven more villages over the next five years, with a projected combined income of $76 million.

How much money it makes: $6M/year
How much did it cost to start: $10M
How many people on the team: 3

Starting A 5 Star Boutique Resort And Event Center Based On A Fiction Book Lore

Boyd Hollow Resorts is launching a 5-star boutique resort and event center based on a fiction book that will be the first of many Villages to be built around the world, with over 200 event inquiries received before launching.

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2. New York Food Truck Association ($2.4M/year)

Ben Goldberg, founder of the New York Food Truck Association, came up with the idea after realizing that the food truck events market in NYC was untapped. He pivoted his own food truck business to focus on events catering and corporate marketing, leveraging his industry expertise. Within the first year, the business did over $1 million in revenue with consistent 50%+ year-over-year growth.

How much money it makes: $2.4M/year
How much did it cost to start: $25K
How many people on the team: 5

How Starting The New York Food Truck Association Resulted In A $200K/Month Business

How a former food truck owner founded the successful New York Food Truck Association which generated over $1M in its first year of business, providing local vendors with high-margin ancillary revenue streams, and saw consistent growth of 50% YoY.

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