Test: How much does hotel owners make on 5-star hotels?
Ok, the hotel is huge, everything is luxurious and their are a lot of guests each day, the prices is normally for an 5-star hotel.
But my question is: How much does those hotel owners with these hotels make? I am asking for one hotel not 2 or 3.
Please can you give me some hotel owner names and their hotel? And maybe what they make out of it.
Answers and Views:
Answer by likepepsi
There is really no way to answer this. It would depend on so many factors – what percent of their rooms are occupied, how many events they host, what they charge for rooms, what their overhead costs are, etc.
There are 5-star hotels which are quite profitable, and there are 5-star hotels which don’t do as well. Being a 5-star hotel does not guarantee high profits, and on the other hand being a 3-star hotel doesn’t mean they don’t make money.
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