Morticia,
A wide variety of answers was defiantly what I was hoping for. Trying to get a broad stroke on the experience as a whole.
Personal info and Thought process: I am a 30 year old, Southern California gym owner. Married for over 6 years, with our first baby on the way. The fitness industry has not shaped up to be as enjoyable as I had originally hoped. I have found myself overwhelmed by work and have been much more absent from home than is healthy. No one wants the husband/dad who works himself to death and is never around. So, I started to consider a "family" business where my wife and I ran an inn together, we're home for the kids together, etc. I recently took a surf trip to Costa Rica, and started considering the concept of pursuing a small surf inn in central america. I enjoy construction/handyman work. My wife loves to host and cook. I figured it was an idea worth exploring. Hopefully that gives a better picture of where my head is.
Why Innkeeping?: Slower and simpler pace of Life. More time with the family. More surf.
Why Not?: Questionable cash flow, my wife might choke me to death if we worked together all the time, sizable financial investment to start.
If not innkeeping, what then?: I don't know honestly. I am just exploring different work ideas. Trying to craft our ideal life situation..
Ok. So know this - we have a small innkeeping group we work with IRL (as compared to here) . One of those places (generally very busy) has 2 owners and 2 staff members. The owner is putting in 16 hour days.
We, OTOH, are not as busy and I'm sitting here waiting for the laundry buzzer and chatting online. Ooh sure, from 7am to noon was flat out busy and we'll still be checking in guests until 9pm but I'm not working 16 hour days.
Working with a spouse full-time while raising a family in the place where you work is not a simple task. Make sure your family unit has space enough to get away from each other. And that the kids have their own, dedicated space that guests are not allowed into.
We have good friends who own a resort. Their son grew up with the guests and made friends with the repeat guests (who had been coming for years and their parents hung out with our friends) But this family closes the resort completely in the off season and they have a whole other home in town. They get away from the job for 5 months other than brief trips out to check the property.
What I wish I knew then? That the economy was going to tank and we were going to lose so much in the value of the property.
.