HomeFloridaMiami, FL → How much can it take to build a 500 room hotel in Miami, FL?
Booking.com

How much can it take to build a 500 room hotel in Miami, FL?

The hotel would be detailed as below: 250 Singles rooms with bath. (Single Rooms) 150 Suites (Double rooms with bath) 100 Suites with kitchen (Double room with bath and kitchen) All rooms are that of normal sizes that fit each type. What can be the cost of building + material + labor? Land price excluded.

Relevant

Answer (2):

1. ag318pun
Your looking at a couple hundred million bucks.
2. Dale
You should try posting this question in the real estate section. But I agree with the other poster, i will be expensive.

You might have to get a loan for this unless you are sitting on a few millions. And then you have to think about marketing and maintenance costs.