Traditional Culture Encyclopedia - Hotel franchise - How much does a hotel with a room of 100 need to invest?

How much does a hotel with a room of 100 need to invest?

The investment cost ranges from several million to tens of millions.

The funds needed to invest in a hotel with 100 rooms depend on many factors.

1. Location: Land prices, construction costs and operating costs vary greatly in different regions. Building hotels in prosperous areas or tourist hotspots usually requires higher investment.

2. Hotel type: Hotel types include economy, mid-range, high-grade and luxury. Different types of hotels have different requirements in terms of decoration, facilities and services, and their investment costs are correspondingly different.