Traditional Culture Encyclopedia - Hotel franchise - 1.0 version of Hanting Hotel wants to upgrade to Hanting 3.5. What is the return period of investment?

1.0 version of Hanting Hotel wants to upgrade to Hanting 3.5. What is the return period of investment?

If the location is good, it won't be a problem to look back in three years. The cost of Hanting 3.5 is not high, and the decoration price is lower. The single room decoration price is about 56,000. After the renovation, the average house price will increase according to the local economic situation. Some locations are better, and the average price of hotels with more developed cities can be increased by 50% to 60%.