Traditional Culture Encyclopedia - Hotel accommodation - What is the profit of franchise hotel chain?

What is the profit of franchise hotel chain?

Generally, the annual profit ranges from hundreds of thousands to millions depending on its high-end level.

my country's tourism industry is developing rapidly and is transitioning towards the vacation stage, with strong demand in the mid-range hotel market. At the same time, with the rise of the middle class and the trend of consumption upgrading, mid-range hotels have ushered in good development opportunities, and hotel chains have increased their efforts in the mid-range hotel market.