If you are the kind of individual who watches Four in a Bed while constantly tutting and insisting you could run a better B&B, this could be the year for you to prove your worth. With both the Olympics and the Queen’s Jubillee on home soil, the UK is expected to have a massive influx of visitors this year. Inbound tourists as well as Brits will be soaking up the activities and culture the events have to offer and they will need somewhere to stay while they do so.

If you are not in a position where you can quit the day job and focus full time on becoming a hostelier, how about getting involved on a lesser scale and still making some money? If you have a holiday home somewhere in the UK you could investigate letting it out to tourists when you are not using it yourself. This involves a lower time commitment than setting up your own B&B but still provides many of the rewards. You can tailor your décor to the type of clientele you want to attract and if you get it right you should find that visitors book to stay again and again. Of course, this route won’t land you the chance to appear on the Channel 4 programme!