Traditional Culture Encyclopedia - Hotel reservation - How much does it cost to join Hanting Hotel Chain? For example, if I open a shop in Suzhou Park, what is the total amount of funds I need and how long will it take me to earn back the cost?

How much does it cost to join Hanting Hotel Chain? For example, if I open a shop in Suzhou Park, what is the total amount of funds I need and how long will it take me to earn back the cost?

To invest in Hanting, you need to prepare at least 5 million yuan, in addition, the working capital needs 500,000 yuan, the initial fee needs 400,000 to 500,000 yuan, and generally you have to pay a lot of management fees every month, so it takes a long time to earn back the cost, about 4 to 5 years, and it takes more than 3.5 years to get a good return. But now Shangkeyou is very popular, because its joining fee and management fee are much lower, belonging to the top ten hotels, and it only takes 2 to 3 years to recover the cost.