Traditional Culture Encyclopedia - Hotel reservation - How much does it cost to open a seven-day express hotel?

How much does it cost to open a seven-day express hotel?

The 7-day Express Hotel has invested more than 5 million yuan, covering an area of more than 3,000 square meters and more than 80 rooms. The initial fee is 400,000+,and other expenses such as management fee and room commission are expected to be more than 4 million yuan in 8 years. It requires first-and second-tier cities in the region and economically developed counties and cities in China to recover their investment costs within 5-6 years. Investment is not ideal now. Recommend to join Shangkeyou Express Hotel.