What is the investment budget of the express hotel?

To be a fast hotel chain with 50-60 rooms, the cost is about 500-600 million yuan, including joining management fee, rent, equipment investment, room lobby restaurant decoration and 10 staff.

The decoration cost of each room in the express hotel can be high or low, some rooms are 100 thousand, and some rooms are 20 thousand or 30 thousand. Express hotels must have a clear positioning, what level of customers they face and what grade they are decorated. These orientations will lead to differences in the cost of hotel decoration materials and furniture. The room decoration should also reflect the hotel's positioning, and the decoration cost will also be affected.

The employee's salary is also the investment part to be considered. Good company conditions can enable employees to enhance their confidence in the hotel, do their jobs well and provide quality services to every customer. This is the foundation of express hotel and the premise of our hotel development. According to the average annual salary of employees in second-and third-tier cities of 40,000-50,000, the employment quota of about 10 people is about 500,000 per year.