Is Dongying Blue Ocean closed down?

Dongying Blue Ocean Investment Co., Ltd. is currently operating as a cancellation enterprise.

Shandong Blue Ocean Hotel Group is headquartered in Dongying, and some local people say that Blue Ocean Group filed for bankruptcy. A government official told reporters privately that Blue Ocean Group has a very high asset-liability ratio due to its rapid expansion in recent years. Official reception is also the main profit source of Blue Ocean Hotel. After the central ban was issued, the hotel occupancy rate dropped sharply, so a bankruptcy application was filed, but the bankruptcy application was not approved. There is also information spread on the Internet that Blue Ocean Hotel Group is going bankrupt.

On the evening of May 24, 2023, a person in charge of the office of Blue Ocean Group accepted a telephone interview with the reporter. The person in charge said that the statement that Blue Ocean Group filed for bankruptcy was purely a rumor. The catering industry as a whole is depressed, and the stores under the Blue Ocean Group have indeed encountered difficulties, but the Blue Ocean has been transformed, and now the stores are operating normally.

Shandong Lanhai Hotel Group

Shandong Blue Ocean Hotel Group is a hotel group that mainly focuses on mid-to high-end hotels, supplemented by vocational education for meals and travel. Founded in 1994, Blue Ocean Group has always adhered to the established development strategy, based on reality, looking to the future, seeking truth and being pragmatic, pioneering and enterprising, and constantly opening up new prospects.

Now, the Group has developed into a large hotel group with Blue Ocean international brand series, a number of middle and high-end star-rated hotels with Blue Ocean brand series, a vocational school accommodating tens of thousands of students, and Zhongdinglou Food Company, which won the title of famous brand in Shandong Province. It has built a series of well-known sub-brands, such as Zhongdinglou, Xianlai Yipin, Yugefang and Shuiyunxuan, and has successfully become one of the top 100 restaurants in China and a veritable leader in the same industry in Shandong Province.

Reference to the above content: Baidu Encyclopedia-Blue Ocean Hotel Group