: ~$500,000 – $2,000,000 total. Limited-Service / Midscale : $160,000 – $170,000 per room. Select-Service / Upscale : ~$250,000 per room. Full-Service Hotel : Over $400,000 per room. Luxury Hotel : $1,000,000+ per room. Critical Pricing Factors
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 how much would it cost to buy a hotel
While total prices vary by location, the following median costs per room provide a baseline for your investment: : ~$500,000 – $2,000,000 total
Several elements will influence where a specific property falls within these ranges: Cost of Starting a Hotel in US - Exceed Insurance Full-Service Hotel : Over $400,000 per room
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