Traditional Culture Encyclopedia - Hotel reservation - Join the hotel for a few years and return to the capital.
Join the hotel for a few years and return to the capital.
Join the hotel and return to the capital in 3-5 years.
In the hotel industry, due to the different levels of cost control, engineering design and management of each brand, the payment cycle is also flexible. Many hotels, even budget hotels, can't recover their costs within three years, so they are widely criticized by investors. But in fact, there are many ways to greatly shorten the hotel's return cycle, even once every two years.
In the process of hotel investment, the more important costs are property rent, labor, operation, and the previous single room investment cost. Among them, labor and operation are relatively fixed costs, but the property rent and the previous single room input cost are flexible.
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