Traditional Culture Encyclopedia - Hotel accommodation - How long does it take to invest in hotels to recover the cost?

How long does it take to invest in hotels to recover the cost?

This investment will pay for itself in about two years.

Suppose you invest in a 50-room hotel, even if the daily occupancy rate is only half, that is, 50%, the cost can be recovered in about 2 years.

With the flow of urban population, the demand for hotels is also increasing. Finding the right hotel location and opening a hotel in a suitable location is a very good investment project.