The approximate cost to build a standard hotel with 50-60 rooms can vary greatly depending on several factors.

Here's a breakdown to consider:

• Location: Building costs are significantly higher in major cities compared to rural areas.
• Construction Type: Luxury hotels with elaborate finishes will cost considerably more than budget-friendly hotels with basic amenities.
• Building Materials: The quality and type of materials used (e.g., high-end fixtures vs. standard finishes) will impact the overall cost.
• Labor Costs: Labor rates vary depending on the location and skillset required.

Based on these factors, here's a general range for a standard 50-60 room hotel:

• Low-end estimate: $75,000 - $105,000 per room = $3,750,000 - $6,300,000 (This assumes a more basic construction with budget-friendly materials and potentially in a less expensive location)
• Mid-range estimate: $115,000 - $150,000 per room = $5,750,000 - $9,000,000 (This represents a standard hotel with decent amenities and finishes)
• High-end estimate: $190,000 - $318,000 per room = $9,500,000 - $19,080,000 (This reflects a potentially higher-end hotel with luxurious finishes and amenities)

Important Considerations:

• These are estimates and the actual cost might be higher or lower depending on your specific project.
• Additional costs like architectural fees, permits, furniture, equipment, and landscaping need to be factored in.
• Consulting with a construction professional or contractor familiar with hotel construction in your desired location will provide a more accurate cost estimate for your specific project.

Here are some resources that can help you get a more precise cost estimate:

• RS Means Construction Cost Data:  https://www.rsmeans.com/  (Provides historical cost data for various construction projects)
• Dodge Data & Analytics:  https://www.construction.com/  (Offers construction project cost information and market analysis)
• Local Contractors: Consulting with experienced hotel construction contractors in your area will give you the most accurate cost estimate based on local market conditions and project specifics.