If you invest about 5 million yuan in a hotel, you can recover the cost in a few years.

1. No one can accurately predict when the cost will be recovered. How many rooms do you have, what price, and the specific time to recover the cost depends on the business situation, occupancy rate, local consumer price level and so on. If the business is good, the occupancy rate will be high and the cost will be recovered quickly. But if the occupancy rate is low, it will be more difficult to recover the cost.

2. The essence of the hotel's business activities is not to produce and sell tangible material products, but to provide an intangible service to the guests with material facilities. What the guests finally get is a service utility and an experience of the service process.

3. Cost is the value category of commodity economy and an integral part of commodity value. If people want to carry out production and business activities or achieve certain goals, they must spend certain resources, and the monetary expression and objectification of the resources spent is called cost. Moreover, with the continuous development of commodity economy, the connotation and extension of the concept of cost are constantly changing and developing.