Traditional Culture Encyclopedia - Hotel accommodation - How big is the 5 million hotel?

How big is the 5 million hotel?

1500 flat five-star hotel. According to the inquiry of China Investment and Financing official website. 5 million can open a 5-star hotel with a flat price of 1500 in a third-tier city with a registered capital of less than 500,000. But with the addition of renting a house, purchasing equipment, personnel expenses and purchasing funds, it is enough.