Traditional Culture Encyclopedia - Hotel franchise - Does Peninsula Hotel Shanghai adopt the one thousandth pricing method?

Does Peninsula Hotel Shanghai adopt the one thousandth pricing method?

Shanghai Peninsula Hotel adopts the pricing method of one thousandth. According to relevant information, when opening a new hotel, the traditional room pricing method-one thousandth pricing method is usually adopted, that is, house price = construction investment cost/number of rooms × 1‰. Reverse pricing method. First, determine the profit target. Secondly, determine the target operating income. It is to determine the room occupancy rate according to the market situation.