While total prices vary by location, the following median costs per room provide a baseline for your investment:
Several elements will influence where a specific property falls within these ranges: Cost of Starting a Hotel in US - Exceed Insurance how much would it cost to buy a hotel
Buying a hotel can range from to over $50 million for an upscale branded hotel in a major city . Because hotel prices are highly variable, most professionals value them "per room" (or per "key"), which helps standardize costs across different property sizes. Estimated Acquisition Costs by Hotel Type While total prices vary by location, the following