How much does it cost to build a five-star hotel?

According to the general standard of international hotel industry, the investment cost of a five-star hotel is between 654.38+0.5 million-0.2 million/200 thousand dollars calculated by room. The investment cost of four-star hotels is between $6,543,800 and $6,543,800. The investment cost of three-star hotels is between 50 thousand and 80 thousand dollars; The investment cost of budget hotels is between $65,438+5,000-40,000. According to incomplete statistics, the investment cost of different star hotels built in China in recent years has greatly exceeded the international industry standards. In developed coastal cities, the investment cost of five-star hotels is between 200,000 and 300,000 dollars per room. The investment cost of a four-star hotel ranges from $6.5438+$8,000 to $250,000. The investment cost of three-star hotels is between $70,000 and $654.38 million. The investment cost of budget hotels is between 25,000 and 50,000 dollars. According to the hotel's grade, the domestic average investment cost is 30% to 40% higher than the international standard. This high cost has created a huge "black hole" for the normal operation of the hotel in the future.

The funds needed to build a hotel range from tens of millions to hundreds of millions or even billions. With this investment, the capital structure is often diversified.