This article mainly analyzes the investment development of the tourism and accommodation industry. Overseas investment：Chinese hotel groups have achieved global expansion through the acquisition of foreign hotels or the purchase of self-built hotels. Domestic investment：In recent years，investment in the hotel industry has exhibited features of rational growth，structural optimization and high activity. Financing methods：In addition to traditional financing channels，new-type hotel market financing platforms have emerged，and have been activing in the hotel industry chain. Profit model：It mainly includes several models of business growth，property appreciation，capital operation and brand innovation.