I'm based within a world heritage site where there is a large concentration of hotels and tourists activity. I've identified a gap for a highly optimised hotel booking website.
Now, I'm toying between 2 options:
1. Creating a website where I list all available hotels and handle their bookings...which will provide ongoing revenue stream...though involves too much work.
2. Create a hotels portal where all booking enquires will go directly to the respective hotels and I charge an annual listing fee.
Option 1 - appeals to me based on the ongoing revenue potential and it should be easy getting the buy-in of the hotels since I'll not charge them anything to list them. However there is just too much work involved...and I'll be doing everything on my own and work from home.
Option 2 - would be ideal for me since less work is involved, however the earnings will be very limited since I'll charge an annual listing fee. Again as a new portal without a track record, it's not going to be easy getting their buy-in.
On both options, my strength lies in optimising the website so it ranks high on search results, since that is where all the hotels are weak.
What would you advise to be a better option to use?