How much does it cost to join a seven-day hotel chain?

3 million is definitely not enough. Open a family for seven days.

The investment algorithm of a guest room is not as simple as two beds, a TV and an air conditioner. Many properties have transfer fees, as well as public space renovation fees, franchise fees and management fees.

According to my understanding of this industry, the investment in opening a hotel room for seven days should not be less than 50 thousand, and it should be higher in the central city. A basic requirement for running this brand hotel chain is that the number of rooms should not be too small. In second-tier and above cities, I estimate that the number of rooms is less than 100, so there should be no money to earn. Because this formal commercial enterprise, regardless of labor costs and so on, has relatively high operating expenses, which also determines that it can only open large stores.

Let's start with 5 million yuan and join a seven-day or equivalent hotel chain.

As for the upstairs saying that they don't want to live once, this is a problem for a customer base. Just because you don't live doesn't mean others won't live, or your requirements are higher than others. Generally speaking, if you have money, hotel chains are still a relatively safe investment. If there is a ten-year contract, it will be repaid in about three years. After a complete contract period, the income will more than double.