Re:Why aren't you doing something about housing tyranny?
by pliny on Thursday February 18, 2016 @05:32AM
(#11124843)
Is that the actual cost per room or the cost of the hotel divided by the number / sq-footage of rooms?
Hotels have a lot of things that private homes don't, like gyms and restaurants, and the land is naturally more expensive (because hotels tend to be built inside the city and near attractions, often in ritzy areas), they also have a lot of fixtures and furniture (and you need to stock extra in case they're damaged, and you need an area to keep all your extras...) that might not be included in the cost of building a home.
Finally, building a hotel incurs costs like paying bribes or protection money, that private homeowners pay more seldom.
Hotels have a lot of things that private homes don't, like gyms and restaurants, and the land is naturally more expensive (because hotels tend to be built inside the city and near attractions, often in ritzy areas), they also have a lot of fixtures and furniture (and you need to stock extra in case they're damaged, and you need an area to keep all your extras...) that might not be included in the cost of building a home.
Finally, building a hotel incurs costs like paying bribes or protection money, that private homeowners pay more seldom.