How much does it cost to open a five-star hotel in Beijing?

how much does it cost to open a five-star hotel in Beijing? Thank you for your concern

I don't know how much it will cost to open a five-star hotel in Beijing, but it must be a huge sum.

first of all, you should decide which area of Beijing you want to open a hotel in.

Secondly, all the investments should be included in the budget.

The following is the approximate price I saw on other websites about opening a hotel in Beijing, a first-tier city:

How much does it cost to open a six-star motel? More than 7.297 million yuan

If the six-star motel is a representative of the hotel industry, I believe basically no one will object, because the high-quality products and services of the six-star motel have long won the recognition of the market and consumers. After getting such a good word-of-mouth evaluation, Six Star Motor Hotel did not gloat and stagnate, but worked harder to innovate and constantly improve the comprehensive strength of the brand. Excellent brands never lack "pursuers", and so does the six-star motel. Being able to open so many franchise stores all over the country is the best proof of the strength of Six Star Motor Hotel. If you want to join the six-star motel, come and find out how much it costs to join it!

Franchise-type large stores, medium-sized stores and small stores

The store area is 5m2, 4m2 and 3m2

The rental fee is 1.25 million yuan/month, 1 million yuan/month, 75, yuan/month

The renovation fee is 8 yuan/m2 8 yuan/m2 8 yuan/ ㎡

The equipment cost is 6, yuan, 45, yuan and 3, yuan

The first purchase cost is 1 million yuan, 8, yuan, 6, yuan

The advertising cost is 18, yuan, 15, yuan, 12, yuan, 1, yuan

The salary of staff is 4, yuan/person (1 people) 4, yuan.

the water and electricity charges are 25, yuan/month, 2, yuan/month, 15, yuan/month

the working capital is 4.95 million yuan, 3.96 million yuan, 2.97 million yuan

The total investment cost is 12.258 million yuan, 9.777 million yuan and 7.297 million yuan

Taking Shenzhen as an example, the above investment cost may be different from the actual situation, which is for reference only.