Why is Wangjiang Hotel in Hefei closed?

Wangjiang Hotel in Hefei was closed due to problems and financial problems. According to relevant public information, Wangjiang Hotel in Hefei did have many operational and financial problems in the past, which led to its closure for rectification. In recent years, Wangjiang Hotel has suffered serious operating losses and poor financial situation, and there have been many problems such as arrears of wages and payments to suppliers. From 20 19 to 10, Wangjiang Hotel was also included in the execution list, involving debts of1200,000 yuan, so most of its accounts and assets were frozen by the court.