How much does it cost to open an express hotel?

As a new type of accommodation, express hotel has been favored by consumers in recent years. Compared with traditional hotels, express hotels have more affordable prices and more flexible services, so they have a place in the market. Then, if you also want to invest in opening an express hotel, how much money do you need to invest? This paper will analyze the investment cost from the aspects of site selection, scale and decoration to help you solve the investment threshold of express hotels.

I. Place

Location is one of the key factors to open an express hotel. Generally speaking, express hotels need to choose locations with convenient transportation and strong business atmosphere to attract more tourists. At the same time, the quality of the lot also directly affects the rent and decoration cost of the express hotel. In first-tier cities, the rent of an express hotel may reach hundreds of thousands or even higher per month, while it is relatively low in second-and third-tier cities. Therefore, when choosing lots, you need to weigh them according to your actual situation.

Second, scale.

The scale of express hotels is also one of the important factors that affect the investment cost. Generally speaking, the more rooms in an express hotel, the higher the investment cost. In addition, the scale will also affect the management cost of express hotels. If the scale is too large, the number of managers will also increase, thus increasing operating costs. Therefore, when choosing the scale, we need to weigh the market demand and our own actual situation.

Third, decoration.

The decoration of the express hotel is also one of the important factors that affect the investment cost. Generally speaking, express hotels need to pay attention to comfortable, concise and practical decoration styles to meet the needs of consumers. At the same time, the quality of decoration will directly affect the brand image and customer satisfaction of Express Hotel. Therefore, when decorating, you need to weigh the market demand and your own actual situation, and choose the decoration style that suits you.

Fourth, the investment cost.

Based on the above three factors, the investment cost of opening an express hotel is about 654.38+0 million-5 million. Among them, location, scale, decoration and other factors will affect the size of the investment cost. If you choose a first-tier city with a large scale and luxurious decoration, the investment cost may exceed 5 million. However, if you choose second-and third-tier cities and small-scale hotels with simple decoration, the investment cost may be below 6.5438+0.0000.

Verb (abbreviation of verb) operation steps

1. Determine the investment amount and investment method;

2. Choose a suitable location and scale;

3. Formulate detailed investment plans and business plans;

4. Contact the real estate agent or directly negotiate the lease with the landlord;

5. Recruit managers and employees;

6. Renovation and purchase of necessary equipment and furniture;

7. Carry out publicity and promotion activities to attract tourists;

8. Establish a perfect customer service system to improve customer satisfaction.