answersLogoWhite

0

The expense of establishing a 3, 4, or 5-star hotel in India can vary significantly based on location, size, and amenities. On average, costs can range from ₹20 crore to over ₹100 crore (approximately $2.5 million to $12 million) for a 3-star hotel, while a 4-star hotel might require ₹50 crore to ₹200 crore ($6 million to $25 million), and a 5-star hotel can exceed ₹200 crore ($25 million) depending on luxury offerings and prime locations. Additional expenses include land acquisition, construction, furnishings, and operational setup.

User Avatar

AnswerBot

2w ago

What else can I help you with?

Related Questions

How many 7star hotel in india?

There is not a single 7 star hotel exists in India.


How many hotel's in India?

There is not a single 7 star hotel exists in India.


Which is the best approach for showing the detail of a consolidated hotel transaction in an expense report?

do not include the posted transaction but instead create an out-of-pocket expense for each line item of the hotel transaction


How can you advertise a hotel?

If you want to advertise a hotel online in India. greedenholidays.com is one of the hotel advertising website in india. there you can add your hotel images, tariffs by yourself, it's free to register.


Which is the top heritage hotel in India?

The top heritage hotel is Taj hotel of Mumbai.


Is there any 7 star hotel in India as on date?

no i don't think there is any 7 star hotel in india


Where is the headquarters of the ITC Hotel chain?

The headquarters of the ITC Hotel chain is located in India. The ITC Hotel chain is the second largest hotel chain in India, with over one hundred locations nationwide.


What are the Legal context for the opening of the hotel at kurukshetra in India?

please provide me the legal formalities for the opening of a new hotel at kurukshetra in india.


How long away is the ice hotel from the airport?

about 1 hr away approx


What is the distance between Bangkok airport and Regency Hotel?

If it is the regency hotel closest to the airport, then approx 39.5km (35 minute drive).


What does Additional Living Expense cover in home insurance?

This Additional living expense (ALE) coverage will give you coverage for the costs of your temporary living place that may be hotel, apartment and buildings, etc.For more information you can get more details Express Hotel Housing.


Which is the biggest hotel in India 2011?

Taj