Patrick goes to the Krusty Krab to buy a Krabby Patty when Mr. Krabs stops an asks if he has any money to buy a Krabby Patty. Patrick says he doesn't and kicks him out. Later, he asks SpongeBob how he can make money. SpongeBob suggests he should create his own business.
Patrick decides to create a hotel called Patrick Hotel using his house. He makes the rooms, a dining room, lobby, and a pool his back yard. Patrick opens his hotel and gets is first guest, Nat. He gives him his room, but when Nat goes to the kitchen to eat, there is no food or chef. So Nat threatens to leave if he doesn't get any food from the chef. So Patrick cooks some food for him in order to make him happy. After his stay, Nat pays him and leaves.
Patrick is proud that he earned some money, but he didn't expect that he had to work so hard to keep him happy. Soon after, many other people decide to spend a night at his hotel, so Patrick is overwhelmed with having to please his customers by checking them in, cooking for them, and being a lifeguard as well.
Once everyone is asleep, Patrick goes and talks to SpongeBob about what he should do about it, and how he hates it. SpongeBob says he should hire someone, but Patrick can't afford to do that. So they come to an agreement. The next day, Patrick announces that he will be closing down his hotel. The people are sad but thankful for all Patrick has done for them.
After Patrick has earned all of his money, he goes to the Krusty Krab and finally orders his Krabby Patty he has been wanting.