Mehood Lestie 3.0 Signed Projects Exceed 600
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On October 9, 2026, TravelDaily China reported that the mid-to-high-end brand Mehood Lestie 3.0 under Elong Hotel Technology has signed projects exceeding 600, with over 350 opened, covering more than 200 cities nationwide. The report stated that its standard model's comprehensive per-room cost is approximately 115,000 yuan, lower than the 150,000–170,000 yuan common among domestic mid-to-high-end brands. The brand proactively raised project entry thresholds, yet still added more than 100 signed projects in the past year, and stated it will shift scale growth toward quality and profitability.
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- TravelDaily ChinaMehood Lestie 3.0 Signings Surpass 600: Per-Room Construction Cost of 115,000 Yuan, Why Do Investors Keep Reinvesting?
Mehood Lestie 3.0, a mid-to-high-end brand under Elong Hotel Technology, has surpassed 600 signed projects and over 350 opened, covering more than 200 cities nationwide. Its standard model's comprehensive per-room construction cost is approximately 115,000 yuan, lower than the 150,000–170,000 yuan common among domestic mid-to-high-end brands. The brand has proactively raised project entry thresholds, yet still added more than 100 signings over the past year, and says it will shift scale growth toward quality and profitability.
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