Hotel project development cycle

The development cycle of the hotel project is as follows:

1. Planning stage: It will take several months to determine the hotel type, scale and investment plan, and conduct market research and feasibility analysis.

2. Site selection and land approval: it takes 6 months to 65,438+0 years to select a suitable lot, go through the procedures of land evaluation, auction and purchase, and also go through the approval of land use right certificate and construction land planning permit.

3. Design and construction stage: It takes 1 to 3 years to carry out architectural design, construction, equipment installation and decoration, depending on the hotel scale and construction progress.

4. Operation stage: the promotion, personnel recruitment and operation management of the hotel will take several months to 1 year according to the hotel scale and market reaction.