FREE HOTEL CALCULATOR
Hotel Development Cost Calculator
Estimate hotel development cost from room count, cost per key and site cost.
INDICATIVE RESULT
€31,000,000Non-land development cost€27,000,000
Land and acquisition cost€4,000,000
Total cost per key€206,667
Calculated directly from the assumptions shown.
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How the hotel development cost calculation works
Total hotel development cost = rooms × non-land cost per key + land and acquisition cost.
Example calculation
150 rooms at €180k non-land cost per key plus €4m of land produces €31m of total cost.
INVESTMENT USE
How professionals use the result
Use this for early feasibility. Confirm whether the per-key figure includes FF&E, professional fees, finance and pre-opening costs.
Common mistakes
- Adding land twice
- Comparing different hotel standards
- Omitting pre-opening and working capital
- Using planned rather than deliverable keys
CLEAR ANSWERS