c:\wamp\www\hotels>composer create -project --prefer -dist laravel hotel "5.8.*" [RuntimeException] Invalid working directory specified, ist does not exist.
Ваша команда неверна для установки Laravel
Laravel
Изменить
composer create -project --prefer -dist laravel hotel "5.8.*"
на
composer create-project --prefer-dist laravel/laravel hotel "5.8.*"
Ссылка:
Laravel -> Установка Laravel