Traditional Culture Encyclopedia - Hotel franchise - Why is Qiuguo Hotel so cheap?
Why is Qiuguo Hotel so cheap?
Geographical location, competitive pressure.
1. According to public comments, location: Qiuguo Hotel is far from the urban area, and it takes more than 40 minutes by subway.
2. Competitive pressure: The occupancy rate of Qiuguo Hotel dropped significantly. In order to compete for long-term rental customers, the low-price model has been opened.
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