Is it profitable to open a business hotel, apartment-style hotel or the like in Changsha? What specific aspects should be taken into consideration?

The biggest fear when starting a business is crossing industries. If you don’t understand this industry, try not to invest rashly.

If you open hotels and hotels and make money, you will definitely make money. It depends on how you do it.

The first thing to consider is your investment, which will determine the location, scale, etc. of your store.

After the investment is rated, you can choose a suitable location and business model. Should you rent the entire building? Or scattered rent? Is it a business hotel or an apartment hotel.

To make money, you must have a customer base. In the hotel industry, it is to reduce the vacancy rate as much as possible.

Location, store environment, decoration style, management level, service level, price positioning, supporting equipment, publicity and promotion, all directly affect the customer's choice, and ultimately affect your income.