In addition to the room rate brought by the guests, other profit-making methods mainly come from the following points. 11. Supporting projects of the hotel

In addition to guest rooms, high-end hotels have other services. Generally speaking, accommodation is not provided on floors 1 to 5 of the hotel. There will be large conference rooms and catering, such as Chinese food, western food, buffet, bar, pub, swimming pool and advanced gym. Mainly depends on the hotel's marketing team. If the hotel's catering industry is well done and attractive enough, it can bring great profits to the hotel. 12. wedding banquet, annual meeting of enterprises

however, in addition to providing accommodation, any larger hotel will also undertake wedding banquets, annual meetings of large enterprises, including some important meetings in the unit. It mainly depends on whether the hotel will publicize and attract people. Many high-end hotels basically receive many couples' weddings at the same time every day during the wedding season.

in addition, in daily life, many enterprises hold important meetings or annual meetings in high-end hotels in order to enhance the sense of ceremony. And according to my observation, in our local area, many insurance companies and real estate agents cooperate with hotels and even sign long-term cooperation agreements every time they hold large-scale meetings because of too many employees. 13. Rent subsidy

This is a kind of project support. Many five-star hotels in first-tier cities are on the top of high-grade office buildings, which is much more special in Guangzhou Zhujiang New Town Business District. Many high-end office buildings will sign cooperation agreements with some high-end hotels in order to upgrade their own grades and attract more enterprises to settle in. Part of the hotel's income can be subsidized by the rent of office buildings. 14. seeking capital premium

the location of high-end hotels is very strict, and they usually choose prosperous areas in the city or lots with extremely fast value-added in the future. Many high-end hotels with low-cost investment can be resold to local enterprises or units with demand after the land price rises. 15. As collateral, hotels can get loans.

This is also overlooked by many people. As a relatively high-quality asset, high-end hotels can be used as loan collateral, and many hotels can take advantage of this to obtain loans with relatively low interest rates. Thus, the amount of the loan will be used for other investment directions to obtain income. Besides making profits, what other functions do high-end hotels have?

In fact, when building high-end hotels, many investors have other functions besides making profits. For example, when many real estate enterprises invest in tourist cities or high-value commercial land, in order to improve the overall grade and attract guests. Will choose to build a high-end hotel.

other non-real estate enterprises will also choose to invest in high-end hotels as their own image display, which not only expands the company's business, but also meets the reception needs of enterprises in their daily operations, killing two birds with one stone. Conclusion

Therefore, interlacing is like a mountain. Every industry has its own reasons. Opportunities are reserved for people with brains and preparation. We still have to learn more from them.