Financing demand of opening a hotel

Generally, small hotels need about1-500,000, and medium and large hotels need about seven figures or more.

Hotels, or hotels, are places that mainly provide short-term accommodation for tourists. In addition to accommodation, hotels usually provide guests with services such as restaurants, swimming pools or taking care of children. Some hotels also provide conference facilities to attract business organizations to hold meetings, interviews or press conferences. The banquet hall of the hotel can hold weddings, dances and other activities.