Does running a hotel really make money?

Opening a hotel is still very profitable.

Hotels (also known as hotels, hotels, inns, guest houses, business trips, inns, hotels in China, and hotels in Malaysia and Singapore) are basically defined as business organizations that provide safe and comfortable spaces for users to have a short rest or sleep.

Hotel status quo

According to the data of the National Bureau of Statistics, by the end of 2007, there were 4 local star-rated hotels 14326 in China, including 4 platinum five-star, 36 five-star, 4 four-star 1 home, 5,534 three-star and 6 two-star158.

There are more than 6.5438+0.6 million direct employees in star-rated hotels. There are more than 300,000 hotels and tourist accommodation units in China, with more than 5 million employees.