Traditional Culture Encyclopedia - Hotel accommodation - How much does it cost to open a five-star hotel?

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

Shenzhen Futian Shangri-La invested 1.6 billion and suffered a cumulative loss of about 130 million in the first year and a half. Shenzhen Langting Hotel invested 600 million, basically investing in a 5-star hotel. If you want the facilities and equipment to be rated 5 stars, the hardware facilities are very important. It basically costs about 800 million. Of course, there are regional differences. Many places invest 200 million. , it is not bad to get a 5-star hotel (that is, according to the 5-star standard often said in the industry), but generally the hotel will lose money in the first two years, and it will take at least half a year to start making profits the fastest, so be mentally prepared.