The 6th Annual Hotel Start-Up Cost Guide By KRG is Here!
Now updated for 2025! This is your ultimate tool for making informed, strategic decisions in this competitive industry.
Uncertain Budgeting.
Are skyrocketing costs making it hard to estimate your hotel project’s budget?
Complex Planning.
Are you overwhelmed by the lack of clarity on what your property needs?
Missed Opportunities.
Are you unsure how to optimize profitability for different hotel categories?
Data-Driven Insights
Data-Driven Insights
Built on KRG Hospitality’s proprietary data from 280+ projects and 15+ years of consulting experience.
Comprehensive Analysis
70+ pages breaking down details for five hotel categories, including cost per key, ROI, and operational projections.
Affordable Expertise
At just $19.99 USD, this guide offers unmatched value for hoteliers, developers, investors, and contractors alike.
Who Is KRG Hospitality?
At KRG Hospitality, we create the Hotel Start-Up Cost Guide each year to provide the industry with the most accurate, data-driven financial insights for launching successful hospitality ventures. This guide is built on real-world project data, giving entrepreneurs, developers, and investors the clarity they need to plan with confidence.
Led by industry strategist Doug Radkey, KRG Hospitality has grown from its Canadian roots in 2009 to become a global leader in hospitality consulting, expanding into the U.S. and international markets. Our expertise speaks for itself: 280+ new hospitality concepts launched, plus over $600 million USD in start-up funds raised, and 32,000+ hours of coaching and consulting experience.
Our global impact reflects a commitment to innovation, operational excellence, and empowering hospitality brands worldwide.
Whether you’re opening an economy, extended stay, midscale/select, upscale/full-service, or luxury/resort hotel - we bring clarity, strategy, and success to your vision.
TESTIMONIALS
What other industry leaders are saying about this hotel cost guide!
What other industry leaders are saying about this hotel cost guide!
"As a contractor, this guide has been a game-changer. The data each year is precise, actionable, and invaluable for our project bids."
Mike T., Construction Specialist
"The Cost Guide provided the details I needed, with real-world cost breakdowns and ROI insights that helped me secure funding and streamline my planning. An absolute must-have for anyone entering the hospitality space!"
Olivia M., Owner, Boutique Hotel
"KRG Hospitality’s cost guide saved us time and money. We avoided budget overruns allowing us to open our property with the cash-flow we needed for our first year."
Rebecca L., Hospitality Group CEO
Start Your Success Story Today!
Start Your Success Story Today!
Get Your Copy of the 2025 Hotel Start-Up Cost Guide for Just $19.99 USD.