How much does it cost to build an intercontinental Suzhou hotel?

According to the general standard of international hotel industry, the investment cost of a five-star hotel is between $654.38+$0.5 million and $200,000 per room. The investment cost of a four-star hotel ranges from $654.38+million to140,000. The investment cost of three-star hotels is between $50,000 and $80,000. The investment cost of budget hotels is between $65,438+5,000-40,000. According to incomplete statistics, the investment cost of different star hotels built in China in recent years has greatly exceeded the international industry standards.