Traditional Culture Encyclopedia - Hotel accommodation - Gross profit margin of hotel chain

Gross profit margin of hotel chain

The gross profit margin of China economy hotel chain is around 50%.

Judging from the growth rate of the number of rooms, in 2003, China economy hotel chains began to enter the rapid development channel. The number of rooms in that year increased by 70% compared with the previous year, and the growth rate reached its peak in 2005, especially in 2008. Although the global financial crisis reached its peak that year, the investment expansion of economy hotel chains was not fatally hit, but it still maintained a growth rate of 65%.