Do Shanghai hotels make money?

1, many people. There are many people in Shanghai. As long as the location is good, the consumption orientation is accurate, the hotel has complete hardware facilities and good service, it is still profitable to open a hotel in Shanghai.

2. High profits. The profit of operating a hotel in Shanghai is about 30% to 40%, and the hotel has catering. The gross profit of catering is about 60% and the net profit is 40%.