Traditional Culture Encyclopedia - Hotel franchise - Why did Shanghai Huinan abandon the hotel?

Why did Shanghai Huinan abandon the hotel?

The capital chain broke, the boss ran away, and the hotel closed down and abandoned.

Abandoned five-star hotel in Shanghai, the suburb of Shanghai is near the water. This used to be a state-owned foreign-related hotel. Later, due to poor management, the capital chain broke and ran away. Confiscated and abandoned.

Hotels, also known as guest houses and hotels, are commercial organizations that provide security and comfort and allow users to have a short rest or sleep space.