Traditional Culture Encyclopedia - Hotel accommodation - How much does it usually cost to join a hotel chain?

How much does it usually cost to join a hotel chain?

So if you join a chain hotel, if you join these well-known hotel brands, the joining fee will be millions of yuan. However, if we join some unknown hotel chains, we may invest less and more. The overall high-end brands need more than one million yuan, while those small ones may need hundreds of thousands of dollars. There will be about100000 brand investment in the market. Therefore, the brands you join in these hotels are different, which largely determines the investment cost of your joining. Because these different brands of hotels require different hotel grades and scales. Well-known hotels may require you to decorate luxuriously and beautifully, and the scale is also large, which will result in a much more expensive decoration fee. And the different location will also determine the different cost of your investment.

And what brand of hotel franchisees want to join also needs to be decided according to their own strength and the actual situation of the market. Because either it is good to join some famous hotels. Because in fourth-tier cities, if you join some five-star hotels, the local consumption level is not so high, and your business will inevitably be found by no one. Therefore, it is still necessary to decide what price chain hotels to join from the local consumption level of the site.