Traditional Culture Encyclopedia - Hotel franchise - If a five-star hotel is sold at extremely low prices for a long time, what impact will it have on its image?

If a five-star hotel is sold at extremely low prices for a long time, what impact will it have on its image?

If a five-star hotel is sold at extremely low prices for a long time, it will affect customers' trust in the hotel. In everyone's mind, five-star hotels have relatively high consumption. Long-term low-price sales will make customers feel that "this hotel is only worth so much money." This will lead to a decline in reputation, which is not conducive to the long-term development of the hotel.