Construction Cost Estimates for a Hotel, 8-24 Story in National, US
How Much Does it Cost to Build an 8-24 Story Hotel?
The following analysis estimates the cost to build a Hotel, 8-24 Story using US National Average costs from 2019 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union and open shop labor for a 450,000 square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs in a specific city or metropolitan area, go to our index of Hotel, 8-24 Story models by state.
NOTE: This cost estimate uses 2019 RSMeans data. A more accurate estimate using current RSMeans cost data is available in RSMeans Data Online.Try Free For 30 Days
Hotel, 8-24 Story Construction Cost Assumption
Hotel, 8-24 Story with Brick Veneer / Reinforced Concrete
|Cost Estimate (Standard Union Labor)||% of Total||Cost Per SF||Cost|
|Contractor Fees (General Conditions,Overhead,Profit)||25%||$39.93||$17,969,533.53|
|Total Building Cost||$211.64||$95,238,527.68|
|Cost Estimate (Open Shop)||% of Total||Cost Per SF||Cost|
|Contractor Fees (General Conditions,Overhead,Profit)||25%||$36.72||$16,524,016.58|
|Total Building Cost||$194.62||$87,577,287.87|
Other Square Foot Model Building Type Options:
Hotel, 8-24 Story with Curtain Wall / Rigid Steel
Hotel, 8-24 Story with E.I.F.S. / Reinforced Concrete
Hotel, 8-24 Story with Fiber Cement / Rigid Steel
Hotel, 8-24 Story with Precast Concrete / Reinforced Concrete
Hotel, 8-24 Story with Stone Veneer / Rigid Steel