Traditional Culture Encyclopedia - Hotel franchise - What kind of hotel can I open with an investment of 15 million?

What kind of hotel can I open with an investment of 15 million?

1. Business hotel: A business hotel is a hotel with business guests as its main customer group. It focuses on providing high-quality guest rooms, catering, conference and other services, and is suitable for business travel, conferences and training needs. The business model of business hotels is relatively stable and can increase revenue by improving service quality and expanding market share.

2. Boutique hotels: Boutique hotels focus on creating unique styles and cultural connotations to attract tourism and cultural consumers. The guest rooms, catering, facilities and other aspects of a boutique hotel must be of high quality and personalized. The operating risks of boutique hotels are relatively high, but if they can create a unique brand image and cultural connotation, they can obtain higher returns.

3. Theme hotels: Theme hotels are hotels with specific themes and cultural elements as the core of the design, which can attract specific groups of consumers. The operation risks of theme hotels are high, but if you can grasp the market demand and consumer preferences, you can get a higher return on investment.