Construction Cost Estimates for Hotel, 8-24 Story in National, US

The following analysis estimates the cost to build a hotel, 8-24 story using US National Average costs from 2013 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union labor for a 450000 square foot building.

Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build a hotel, 8-24 story in a specific city or metropolitan area, go to our index of hotel, 8-24 story models by state.

NOTE: This cost estimate uses 2013 RSMeans data. A more accurate estimate using current RSMeans cost data is available on RSMeans Online - our online cost estimating tool.

Hotel, 8-24 Story Construction Cost Assumptions
Location: US National Average
Stories: 15
Story Height (L.F.): 10.00
Floor Area (S.F.): 450000
Basement Included: No
Data Release: Year 2013

Hotel, 8-24 Story Square Foot Cost Assuming Face Brick Veneer On Steel Studs / R/Conc. Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total $131.54 $59,191,000
Contractor Fees (GC,Overhead,Profit) 25% $32.88 $14,797,800
Architectural Fees 6% $9.87 $4,439,300
Total Building Cost $174.28 $78,428,100
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total $121.28 $54,574,000
Contractor Fees (GC,Overhead,Profit) 25% $30.32 $13,643,500
Architectural Fees 6% $9.10 $4,093,100
Total Building Cost $160.69 $72,310,600

Hotel, 8-24 Story Square Foot Cost Assuming Face Brick Veneer On Steel Studs / Steel Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Hotel, 8-24 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / R/Conc. Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Hotel, 8-24 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / Steel Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Hotel, 8-24 Story Square Foot Cost Assuming Glass and Metal Curtain Walls / R/Conc. Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Hotel, 8-24 Story Square Foot Cost Assuming Glass and Metal Curtain Walls / Steel Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--