How much does it usually cost to join a hotel chain?

It can be seen that the investment cost of joining brands in well-known hotel chains is relatively high. Like many less well-known hotel chain brands, the investment cost is usually low, the expensive one may be around100000, the general one may be around 500000, and the cheapest one may be less than100000. In short, the investment prices of different hotel chain brands are quite different. After all, the prices, grades and scales of different hotels are different, and the addresses of stores are also different. The difference of all these factors makes the investment cost of chain hotels vary greatly. As for which price chain hotels entrepreneurs should choose to join the brand, they should make a comprehensive judgment according to their own financial strength and local market conditions, which does not mean that they must join those well-known chain hotels or chain hotels with particularly low franchise fees. Many well-known franchise chain brands have high consumer prices and may not be suitable for all markets. For example, in many small cities and counties and towns, consumers prefer cheap hotels. At the same time, the accommodation and service level of many low-cost hotel chains are also difficult to guarantee, so it is not easy to be recognized by consumers.

Therefore, the key is to start from the market situation in the region, see which price and type of hotel chains are most suitable for the local area, and choose according to their own financial strength.