Airbnb Hotel Industry
1 Views
MR NEWS
01 Apr 2024
Cost is the biggest barrier to scale in the hotel industry. It takes on average 2-3 years to build a hotel. The upfront cost for design, permits, and construction can range from $30M to $130M, depending on location and category. These estimates don’t even include the cost of the land. Since these numbers are publicly shared by nearly every hotel giant, it’s no secret how cost prohibitive it is to grow market share in the hotel industry.
-
Select a category
Scroll More Videos
There no comments on your videos ATM